{"schema_version":"secwatch.filing_event.v1","accession":"0000769520-24-000013","form_type":"8-K","ticker":"MIDD","cik":"0000769520","company_name":"MIDDLEBY Corp","filed_at":"2024-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.940890+00:00","generated_at":"2026-06-02T14:41:59.060352+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Middleby Q1 net sales down 8% to $927M; adjusted EPS $1.89","bullets":["Net sales $927M, down 8.0% YoY (organic -8.7%); GAAP EPS $1.59, adjusted EPS $1.89.","Adjusted EBITDA $186M (20.0% margin vs 20.9% prior year); organic margin 20.1%.","Operating cash flow $141M, up from $92M; net leverage reduced to 2.4x.","CEO expects improved Q2; segment organic sales: Commercial -4.2%, Residential -22.3%, Food Processing -7.7%."],"urls":{"canonical":"https://secwatch.observer/filing/0000769520-24-000013","json":"https://secwatch.observer/filing/0000769520-24-000013.json","markdown":"https://secwatch.observer/filing/0000769520-24-000013.md","text":"https://secwatch.observer/filing/0000769520-24-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/769520/000076952024000013/0000769520-24-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/769520/000076952024000013/midd-20240508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T14:41:59.060352+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"07bc46e4e88460ba211dc4dbceda0c1b934b6376","claim":"MIDDLEBY Corp reported first quarter ended March 30, 2024 results: revenue Net sales of $927 million, EPS Diluted earnings per share of $1.59 and adjusted net earnings per share of $1.89.","evidence_excerpt":"--- EX-99.1 (EX-99.1) --- 1400 Toastmaster Drive, Elgin, Illinois 60120 (847) 741-3300 www.middleby.com The Middleby Corporation Reports First Quarter Results • Net sales of $927 million • Adjusted EBITDA of $186 million • Organic adjusted EBITDA margin of 20.1% • Operating cash flows of $141 million • Diluted earnings per share of $1.59 and adjusted net earnings","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/769520/000076952024000013/0000769520-24-000013-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 30, 2024"},{"label":"Revenue","value":"Net sales of $927 million"},{"label":"EPS","value":"Diluted earnings per share of $1.59 and adjusted net earnings per share of $1.89"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}