Welbilt, Inc.

Welbilt, Inc.

WBT
Welbilt, Inc.US flagNew York Stock Exchange
24.01
USD
+0.02
- -
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
William Johnson
Full Time Employees
4,800
Sector
Industrials
Industry
Industrial - Machinery
Address
2227 Welbilt Blvd New Port Richey FL United States of America 34655
IPO Date
Feb 18, 2016
Business
Welbilt, Inc. (NYSE: WBT), a subsidiary of Ali Group S.r.l. following its acquisition in 2022, designs, manufactures and services commercial foodservice equipment worldwide; core offerings encompass refrigeration products including upright and undercounter refrigerators, freezers, blast chillers and walk-ins under Delfield and Kolpak brands; cooking solutions such as ranges, griddles, grills, convection and conveyor ovens, fryers under Frymaster, Garland and Merrychef brands; holding and transport equipment like warming cabinets and buffet stations under Merco and Delfield; ice machines and dispensers under Manitowoc; beverage dispensers, coffee equipment under Crem and Multiplex; and digital connectivity via KitchenConnect cloud platform with aftermarket parts and service through KitchenCare. The company serves full-service restaurants, quick-service chains, hotels, resorts, cruise lines, supermarkets, convenience stores, hospitals, schools and institutions through dealers and distributors across North America, Europe, Latin America and Asia-Pacific regions. Headquartered in New Port Richey, Florida and founded in 2016, Welbilt recently announced construction of a new Experience Center in Coppell, Texas slated for completion in late 2025 to showcase kitchen innovations and smart automation; entered a strategic partnership with HCL Technologies to accelerate KitchenConnect rollout; initiated expansion of Merrychef's UK manufacturing facility adding 42,700 square feet for enhanced capacity and efficiency; and continues post-acquisition integration under Ali Group including leadership appointments such as Anna Pata as President of Carpigiani North America.

Company News

  • Weebit Nano's ReRAM Selected for Korean National Compute-in-Memory Program

  • Weebit Nano secures a license agreement with Texas Instruments

  • Weebit Nano tapes out embedded ReRAM test chips at onsemi production fab

  • Rice Roll Machinery Competitive Landscape Report 2025, with Leading Innovators and Market Leaders including GEA, Buhler, JBT, SPX FLOW, ITW Food Equipment, Welbilt, TNA Australia, Alfa Laval and more

  • Weebit Nano licenses its ReRAM technology to onsemi

  • Icahn loads up on Twitter, oil and gas in third quarter, dumps Welbilt

  • Italy's Ali Group sees shelter from economic storm in Welbilt deal

  • Pentair Completes Transaction to Acquire Manitowoc Ice

  • AT&T and Welbilt to Showcase Connected Kitchen at National Restaurant Association Show in Collaboration with Microsoft

  • Welbilt Announces the Sale of Manitowoc Ice

  • 4 Stocks to Buy as Manufacturing Activity Continues to Expand

  • Welbilt (WBT) Q3 Earnings and Revenues Top Estimates

  • Welbilt (WBT) Progresses on Merger Agreement with Ali Group

  • Welbilt Provides Update on Acquisition by Ali Group

  • SHAREHOLDER ALERT: WeissLaw LLP Reminds ICBK, STMP, SC, and WBT Shareholders About Its Ongoing Investigations

  • Welbilt Announces the Passing of Executive Vice President and Chief Innovation Officer Richard N. “Rick” Caron

  • Welbilt, Apex Order Pickup Solutions Launch OrderHQ Lockers

  • Demand for Efficient Order Handoff Inspires OrderHQ™ Lockers

  • Welbilt (WBT) CEO Bill Johnson on Q2 2021 Results - Earnings Call Transcript

  • Welbilt (WBT) Tops Q2 Earnings and Revenue Estimates