secwatch.observer — SEC 8-K summary
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Issuer:     MIDDLEBY Corp (MIDD)
CIK:        0000769520
Form:       8-K
Filed at:   2022-02-22T23:59:59+00:00
Accession:  0001157523-22-000225
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Middleby Q4 net sales $866.4M, adjusted EPS $2.11, record backlog $1.4B
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- Q4 net sales $866.4M (+18.8% YoY); organic sales growth 12.6% excluding acquisitions and FX.
- Diluted EPS $1.80 GAAP; adjusted diluted EPS $2.11.
- Record backlog $1.4B at year-end vs $522.7M at end of FY2020, driven by strong order demand.
- Adjusted EBITDA $193.0M (22.3% margin); total leverage ratio 2.8x; cash $180.4M.
- Added Kamado Joe, Masterbuilt, Char-Griller in 2021, strengthening residential outdoor kitchen presence.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/769520/000115752322000225/0001157523-22-000225-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/769520/000115752322000225/a52582822.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000225

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