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Middleby Fourth Quarter 2007 Results

Middleby just reported their fourth quarter 2007 results. Net sales grew 24.1% for the full year, and earnings per share grew 21.0% year over year. In my previous valuation, I had assumed 15% earnings growth, which yielded an intrinsic value of $94 per share. Based on these results, I look forward to seeing what shares are worth now. Apparently the future is still bright for Middleby.

Disclosure: Long Middleby

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    This entry was posted on Wednesday, February 27th, 2008 at 6:25 pm and is filed under Holdings, Middleby. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

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