Middleby Corp filings document the company's public disclosures as a Nasdaq-listed manufacturer of commercial foodservice and food processing equipment. Its Form 8-K reports cover operating results, financial-condition updates, capital-structure information, credit-agreement leverage measures, and material corporate events tied to its equipment businesses.
Middleby's proxy and governance filings describe shareholder voting matters, board composition, executive appointments, compensation arrangements, bylaw amendments, and related governance procedures. The filings also identify its common stock under ticker MIDD and provide formal records for business descriptions, financial exhibits, and corporate actions affecting the company's reporting and governance profile.
MIDDLEBY CORP reported that T. Rowe Price Associates, Inc. holds 6,420,118 shares of Common Stock, representing 13.6% of the class as declared in this Schedule 13G/A.
The filing shows sole voting power of 6,078,369 shares and sole dispositive power of 6,420,118 shares. The cover lists CUSIP 596278101 and an internal form date of 03/31/2026; the signature is dated 05/15/2026.
The Middleby Corporation reported strong growth in its core businesses but a net loss driven by a major divestiture. For the quarter ended April 4, 2026, net sales from continuing operations rose to $839.9 million, up 15% year over year, with Commercial Foodservice and Food Processing both growing, especially internationally.
Net earnings from continuing operations were $85.3 million, but a $135.4 million loss from discontinued operations, mainly the sale of a 51% stake in the Residential Kitchen Equipment Group, led to a total net loss of $50.1 million and basic diluted loss per share of $1.06. The Residential transaction generated $564.6 million of cash proceeds plus a note receivable and a 49% equity interest in the new entity, Composition Brands.
Middleby used part of the proceeds to reduce total debt from $2.2 billion to $1.9 billion and repurchased 2.39 million shares for about $374.8 million. Management is also targeting a July 6, 2026 spin-off of its Food Processing business into Midera Food Processing, Inc., subject to customary approvals, while noting ongoing pressures from tariffs, inflation, and supply chain constraints.
MIDDLEBY Corp ownership filing: JPMorgan Chase reports beneficial ownership of 2,367,289 shares of common stock, representing 5.0% as of 03/31/2026. The filing lists voting and dispositive powers held across JPMorgan entities and is signed by a JPMorgan Vice President on 05/13/2026.
The Middleby Corporation furnished materials from its Investor Day, including strategic and financial outlook and details on the planned spin-off of its Food Processing Business into Midera Food Processing, Inc.
For 2026, Middleby’s Commercial Foodservice segment is targeted at about $2,465m in net sales and $575m in adjusted EBITDA, implying roughly a 23% adjusted EBITDA margin and 27% adjusted segment EBITDA margin. The food processing spin entity Midera is outlined at about $930m in 2026 net sales and $165m in adjusted EBITDA, with margins around 18% and 21%, respectively.
Management highlights a three-year framework (from 2025) targeting 3–6% organic net sales CAGR, 6–9% adjusted EBITDA CAGR, 10–15% adjusted EPS CAGR and 200–400 basis points of margin expansion from a 23% 2025 adjusted EBITDA margin. Middleby also emphasizes strong free cash flow conversion of roughly 100% of adjusted net earnings, mid-term net leverage of 2.0–3.0x and capital allocation priorities focused on organic reinvestment, disciplined returns of capital and opportunistic M&A.
The Middleby Corporation is moving ahead with the separation of its Food Processing business into a standalone public company named Midera Food Processing, Inc. The new brand highlights a focused, technology-driven food processing platform built around more than 30 global equipment brands.
The spin-off of Midera into an independent public company is expected to be completed on July 6, 2026, through a distribution of Midera common stock to Middleby stockholders. Each Middleby stockholder will receive one share of Midera common stock for every one share of Middleby common stock held on the record date, and Midera intends to list on the Nasdaq Global Select Market under the ticker “MFP.” Middleby and Midera will present long-term strategies and financial frameworks at an Investor Day on May 12, 2026 in New York City.
The Middleby Corporation reported strong first‑quarter 2026 results from continuing operations, beating the high end of its guidance for revenue, adjusted EBITDA and adjusted EPS. Net sales rose to $839.9 million, up 15% year over year, with 11.9% organic growth.
Commercial Foodservice delivered 8.1% organic growth, while Food Processing grew 25% organically and maintained a $416 million backlog. Adjusted EBITDA increased to $180.6 million, and adjusted EPS climbed to $2.16 from $1.87.
The company raised its full‑year 2026 outlook, now targeting 4–6% organic growth in Commercial Foodservice and 4–7% in Food Processing. Despite an overall net loss of $50.1 million driven by a $135.4 million loss from discontinued operations, Middleby reduced net debt to $1.7 billion and repurchased 2.4 million shares in the quarter, part of over $520 million in buybacks year‑to‑date. The planned July 6, 2026 spin‑off of Food Processing remains on track.
The Middleby Corporation announced that its wholly owned subsidiary, Middleby Food Processing, Inc., has filed a Form 10 registration statement with the SEC for a planned spin-off into a standalone public company. The Form 10 is available on the SEC website and Middleby’s investor page.
Middleby’s CEO said the separation is intended to create two focused, industry-leading companies, positioning both Middleby and Middleby Food Processing to pursue growth and long-term value as independent businesses. Middleby will host an investor day in New York City on May 12, 2026 to detail the competitive positioning and growth potential of each company.
The company emphasizes that the Form 10 filed on May 4, 2026 is subject to change and will be finalized before becoming effective, and it includes cautionary language that the spin-off may not be completed or may differ from current expectations due to various risks and uncertainties.
Middleby Corp/The reports a 13G filing showing Vanguard Capital Management beneficially owns 2,408,209 shares of Common Stock, representing 5.10% of the class. The filing states Vanguard has sole dispositive power over 2,408,209 shares and sole voting power for 355,580 shares. The filing is signed by Ashley Grim on 04/30/2026.
The Middleby Corporation is asking stockholders to elect eleven directors, approve executive pay on an advisory basis, and ratify Ernst & Young LLP as auditor at its May 19, 2026 virtual annual meeting. The record date is March 20, 2026, and voting can be done online, by phone, mail, or during the meeting.
The board remains majority independent with a separate independent chairman and fully independent key committees. Middleby highlights a portfolio transformation that includes selling 51% of its Residential Kitchen business at an $885 million enterprise valuation, generating about $565 million of cash and supporting $710 million of share repurchases in 2025, which reduced the share count by roughly 9%.
Long-term incentives for executives are mostly performance-based, tied to adjusted EPS growth, return on invested capital, and a total shareholder return modifier, while 2025 annual bonuses for named executives paid out at 0% of target due to below-goal EBITDA results. The company emphasizes robust governance practices, stock ownership guidelines, a clawback policy, and expanding sustainability metrics on energy use, emissions, water, waste, safety, and community engagement.
The Middleby Corporation announced that Amy Campbell will become Chief Financial Officer of its Food Processing business once that business is separated into an independent public company in the second quarter of 2026. She joins Middleby immediately to prepare for the transition.
This appointment completes the executive leadership team for the Food Processing business, led by future CEO Mark Salman, with Mark Bowie as Chief Operating Officer, Matt Fuchsen as Chief Strategy Officer and Rob Fagan leading Investor Relations and FP&A. The spin-off is described as part of Middleby’s strategic portfolio transformation to create three focused, industry-leading businesses and allow the Food Processing business to pursue its own capital allocation strategy and growth initiatives.