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RE: Middleby Corp (MIDD) Analysis

in #money6 years ago

I don't possess MIDD, yet it is a strong organization and I've discussed it before on here finally.
@haejin

The issue right currently is this is certainly not an incredible time for the eatery business, with a couple of splendid spots (MCD, two or three others) and a considerable measure of chains either abating development designs or shutting areas.

http://www.nrn.com/tasks/eateries put-brakes-development

http://www.nrn.com/deals patterns/eatery same-store-deals fall-22-3q

Things improved in October, yet at the same time not incredible: http://www.nrn.com/deals patterns/october-same-store-deals turn-positive-first-time-may-2016