---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-039322"
form_type: "8-K"
ticker: "MIDD"
cik: "0000769520"
company_name: "MIDDLEBY Corp"
filed_at: "2024-02-20T23:59:59+00:00"
generated_at: "2026-06-05T23:35:59.955269+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Middleby reports record Q4 adjusted EBITDA $235M, up 1% YoY; adjusted EPS $2.65

## Summary
- Record Q4 adjusted EBITDA $235M (+1% YoY); organic adjusted EBITDA margin 23.6% vs 22.6% prior year.
- Diluted EPS $1.42; adjusted EPS $2.65 (+3% YoY). Net sales down 2.2% (organic -4.7%).
- Record operating cash flow $256M Q4, $629M FY; net leverage <2.5x; net debt $2.2B vs $2.6B FY22.
- Operating income includes $78.1M impairment charges on tradenames in Residential Kitchen segment.
- Completed acquisition of GBT GmbH Bakery Technology, expanding Food Processing Group's industrial bakery portfolio.

## SEC filing metadata
- accession: 0001193125-24-039322
- form_type: 8-K
- ticker: MIDD
- cik: 0000769520
- company_name: MIDDLEBY Corp
- filed_at: 2024-02-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/769520/000119312524039322/0001193125-24-039322-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/769520/000119312524039322/d48816d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-039322
- JSON: https://secwatch.observer/filing/0001193125-24-039322.json
- Plain text: https://secwatch.observer/filing/0001193125-24-039322.txt

## Key facts
- Earnings Releases
  MIDDLEBY Corp reported the fourth quarter ended December 30, 2023 results: EPS $1.42.
  - Period: the fourth quarter ended December 30, 2023
  - EPS: $1.42
  - Result: reported results
  source text: On February 20, 2024, The Middleby Corporation (the “Company”) issued a press release announcing its financial results for the fourth quarter ended December 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/769520/000119312524039322/0001193125-24-039322-index.htm

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