secwatch.observer — SEC 8-K summary
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Issuer:     MIDDLEBY Corp (MIDD)
CIK:        0000769520
Form:       8-K
Filed at:   2025-08-06T23:59:59+00:00
Accession:  0001628280-25-038082
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Middleby Q2 adjusted EBITDA down 7.5% to $200M; initiates FY25 guidance
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- Operating income $155M vs $176M prior year; adjusted EBITDA $200M vs $216M, including $10M tariff impact.
- Net sales down 1.4% reported, organic down 5.4%; Food Processing up 14.4% on acquisitions.
- Repurchased $322.7M in Q2, total $448.9M through July, 5.7% of equity.
- Q3 guidance: revenue $950-975M, adj. EBITDA $185-195M, adj. EPS $2.04-2.19.
- FY2025 guidance: revenue $3.81-3.87B, adj. EBITDA $770-800M, adj. EPS $8.65-9.05.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/769520/000162828025038082/0001628280-25-038082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/769520/000162828025038082/midd-20250806.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-038082

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