{"schema_version":"secwatch.filing_event.v1","accession":"0000769520-25-000013","form_type":"8-K","ticker":"MIDD","cik":"0000769520","company_name":"MIDDLEBY Corp","filed_at":"2025-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.227697+00:00","generated_at":"2026-05-22T09:49:15.648074+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Middleby Q1 adj EBITDA $182M; Board adds 7.5M shares to buyback (21% of equity)","bullets":["Net sales down 2.2% YoY; adjusted EBITDA $182.1M vs $185.8M prior year.","Operating income $141M; operating cash flow $141.1M; net leverage 2.0x.","Board authorized additional 7.5M shares repurchase; total 11.4M shares available (21% of equity).","Targets vast majority of free cash flow for buybacks; YTD repurchased ~$50M.","Tariff impact estimated $150M-$200M annual cost; expects full offset by year-end via pricing/initiatives."],"urls":{"canonical":"https://secwatch.observer/filing/0000769520-25-000013","json":"https://secwatch.observer/filing/0000769520-25-000013.json","markdown":"https://secwatch.observer/filing/0000769520-25-000013.md","text":"https://secwatch.observer/filing/0000769520-25-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/769520/000076952025000013/0000769520-25-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/769520/000076952025000013/midd-20250507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T09:49:15.648074+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"}