secwatch.observer — SEC 8-K summary
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Issuer:     MIDDLEBY Corp (MIDD)
CIK:        0000769520
Form:       8-K
Filed at:   2026-08-11T11:02:00+00:00
Accession:  0000769520-26-000044
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Middleby Q2 beats guidance; completes Food Processing spin-off; raises FY26 outlook
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- Q2 net sales $876M, +9.9% YoY; organic +6.4%; Commercial Foodservice organic +8.3%.
- Adjusted EBITDA $193.2M vs $181.6M prior year; Adjusted EPS $2.35 vs $2.20.
- Completed Food Processing spin-off on July 6, 2026; raises FY26 guidance: revenue $2.48-2.53B, Adj EBITDA $572-588M, Adj EPS $6.73-6.89.
- Repurchased 1.4M shares in Q2 (2.9% outstanding); 3.8M YTD (7.8%); net leverage 2.4x.
- Adjusted EPS excluding Food Processing est. $1.74 vs $1.40 prior year (preliminary).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/769520/000076952026000044/0000769520-26-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/769520/000076952026000044/midd-20260811.htm
  HTML page:      https://secwatch.observer/filing/0000769520-26-000044

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer