Middleby 2Q17 Earnings Call Notes
Selim Bassoul – Chairman and CEO State of the industry “Yes, Larry, I could give a lot of visibility on what I see. So let me start with talking a little bit about the state of the industry. I think … Continued
Selim Bassoul – Chairman and CEO State of the industry “Yes, Larry, I could give a lot of visibility on what I see. So let me start with talking a little bit about the state of the industry. I think … Continued
Selim A. Bassoul – Chairman and CEO Labor is an issue “The next one where I’m seeing significant change flocking to us is about this labor. So, labor has become finally an issue that I’ve been talking about labor, we … Continued
Selim Bassoul People are focused on labor costs Tim, we just saw hundreds of changes now from coming, looking for solutions. They were all people I’ve talked to, traditional restaurant and non-traditional which is convenient stores and outlets where they … Continued
The Middleby Corporation’s (MIDD) CEO Selim Bassoul on Q3 2016 Results Have not seen tectonic shift in customer behavior “From our perspective we do not see any indication in our customer base in the restaurant business that they are slowing … Continued
Selim Bassoul Restaurant business continues to do well ” On the domestic side, we continue to see the restaurant business doing very well. At least so far, the total restaurant same-store sales were up 2.4% from a year ago, and … Continued