Softness in the Commercial Foodservice segment and unfavorable foreign-currency movement weigh on Middleby's (MIDD) operations.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Hyster-Yale Materials Handling (NYSE:HY) and the best and worst performers in the professional tools and equipment industry.
Wrapping up Q1 earnings, we look at the numbers and key takeaways for the professional tools and equipment stocks, including Fortive (NYSE:FTV) and its peers.