secwatch.observer — SEC 8-K summary
======================================

Issuer:     MIDDLEBY Corp (MIDD)
CIK:        0000769520
Form:       8-K
Filed at:   2022-08-04T23:59:59+00:00
Accession:  0001157523-22-001025
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Middleby Q2 net sales $1.01B (+25% YoY), adjusted EPS $2.23
-----------------------------------------------------------

- Net sales $1,013.6M (+25.3% YoY); organic sales +13.3% YoY; record quarterly sales.
- GAAP EPS $2.07; adjusted EPS $2.23; adjusted EBITDA $210.2M (20.7% margin).
- Commercial Foodservice organic sales +17.7%; Residential Kitchen organic +11.4%; Food Processing organic -1.4%.
- FX losses $5.7M in Q2, $0.08 drag on adjusted EPS; $69M share repurchases in Q2.
- Completed acquisitions of Proxaut, CP Packaging, Colussi Ermes, and Icetro.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/769520/000115752322001025/0001157523-22-001025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/769520/000115752322001025/a52801903.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-001025

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