Welbilt, Inc. Provides Earnings Guidance for the Year 2021

Welbilt, Inc. is a commercial foodservice equipment company. It designs, manufactures, and supply commercial foodservice market, which is used by commercial and institutional foodservice operators including full-service restaurants, quick-service restaurant (QSR) chains, hotels, resorts, cruise ships, caterers, supermarkets, convenience stores, hospitals, schools, and other institutions. Its segments include Americas, EMEA and APAC. The Americas segment includes the United States (U.S.), Canada and Latin America. The EMEA segment consists of markets in Europe, including Middle East, Russia, Africa, and the Commonwealth of Independent States. The APAC segment consists primarily of markets in China, India, Australia, South Korea, Singapore, Philippines, Japan, Indonesia, Malaysia, Thailand, Hong Kong, Taiwan, New Zealand, and Vietnam. Its product brands include Cleveland, Convotherm, Crem, Delfield, Frymaster, Garland, Kolpak, Lincoln, Manitowoc Ice, Merco, Merrychef, and Multiplex.