---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-001676"
form_type: "8-K"
ticker: "MIDD"
cik: "0000769520"
company_name: "MIDDLEBY Corp"
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T12:03:39.526994+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Middleby Q3 adjusted EBITDA $224M, EPS $2.35; organic sales down 4.4%

## Summary
- Net sales fell 1.2% YoY; organic sales down 4.4% due to de-stocking in Commercial Foodservice and Residential Kitchen.
- Record Q3 adjusted EBITDA of $224M (up from $212M); operating cash flow $219M.
- Diluted EPS $2.01; adjusted EPS $2.35, up 8% YoY.
- Net leverage reduced to 2.75x; completed acquisitions of Terry Water Solutions and Trade-Wind.
- Residential Kitchen segment organic sales declined 21%; Food Processing up 1.2%.

## SEC filing metadata
- accession: 0001157523-23-001676
- form_type: 8-K
- ticker: MIDD
- cik: 0000769520
- company_name: MIDDLEBY Corp
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/769520/000115752323001676/0001157523-23-001676-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/769520/000115752323001676/a53781841.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-001676
- JSON: https://secwatch.observer/filing/0001157523-23-001676.json
- Plain text: https://secwatch.observer/filing/0001157523-23-001676.txt

## Key facts
- Earnings Releases
  MIDDLEBY Corp reported third quarter ended September 30, 2023 results: EPS $2.01 and adjusted net earnings per share of $2.35.
  - Period: third quarter ended September 30, 2023
  - EPS: $2.01 and adjusted net earnings per share of $2.35
  - Result: reported results
  source text: Diluted Earnings per share of $2.01 and adjusted net earnings per share of $2.35 for the third quarter, an increase of 8% year over year
  evidence_url: https://www.sec.gov/Archives/edgar/data/769520/000115752323001676/0001157523-23-001676-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.