The Middleby Corp
The PowerShares DWA Consumer Cyclicals Momentum ETF invests 2.0% of its holdings in Middleby. The ETF tracks an index of US consumer cyclical firms.
During the fourth quarter, Manitowoc’s foodservice revenue declined 6.3% year-over-year (or YoY) to $374.2 million.
Manitowoc’s foodservice business designs, manufactures, and supplies food and beverage equipment.
Manitowoc foodservice reported net sales of $417.1 million, up 3.8% from $401.9 million in 3Q13.