{"schema_version":"secwatch.filing_event.v1","accession":"0000769520-24-000037","form_type":"8-K","ticker":"MIDD","cik":"0000769520","company_name":"MIDDLEBY Corp","filed_at":"2024-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.000590+00:00","generated_at":"2026-05-30T07:49:14.680671+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Middleby Q3 net sales $943M, down 4.1% organic; EPS $2.11 adj $2.33; CEO cites challenging macro","bullets":["Net sales of $943M, down 3.9% reported and 4.1% organic YoY; diluted GAAP EPS $2.11, adjusted EPS $2.33.","Operating income $173.4M (18.4% sales); adjusted EBITDA $213M (22.6% organic margin); operating cash flow $157M.","Commercial Foodservice segment sales down 5.3% organic; Residential down 4.5%; Food Processing up 0.7%.","Net leverage reduced to 2.2x; net debt $1.8B vs $2.2B end FY2023; borrowing availability $2.8B.","Completed acquisition of Emery Thompson; CEO expects macro improvement in 2025 driving multi-year recovery."],"urls":{"canonical":"https://secwatch.observer/filing/0000769520-24-000037","json":"https://secwatch.observer/filing/0000769520-24-000037.json","markdown":"https://secwatch.observer/filing/0000769520-24-000037.md","text":"https://secwatch.observer/filing/0000769520-24-000037.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/769520/000076952024000037/0000769520-24-000037-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/769520/000076952024000037/midd-20241031.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T07:49:14.680671+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}