All Four Public E&S Companies Report Negative Results 3Q-24

Three of the four publicly reporting foodservice equipment and supplies companies tracked by Clarity M&A exclusively for The Ashton Report posted negative sales 3Q-24. Combined sales of the four companies fell 3.4%. It was the worst performance by public E&S companies since 4Q-20. For three of the four reporting companies—Middleby Corp., ITW Food Equipment Group,…