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Financial Reports From Middleby, Welbilt And Libbey Reaffirm Soft E&S Market, Worrisome Prospects

Written by The Ashton Report

Middleby Corp., Welbilt Inc., and Libbey Inc. reported 4Q/19 and full-year 2019 financial results this week, Feb. 25 and Feb. 26. The numbers continue the story we wrote about two weeks ago when the other four publicly reporting companies we follow reported: The foodservice E&S market ended 2019 very soft. It is, for the most…

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The Ashton Report