8-K

UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 8, 2012

THE MIDDLEBY CORPORATION
(Exact Name of Registrant as Specified in its Charter)

Delaware	1-9973	36-3352497
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

1400 Toastmaster Drive, Elgin, Illinois	60120
(Address of Principal Executive Offices)	(Zip Code)

(847) 741-3300
(Registrant’s telephone number, including area code)

N/A
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02. Results of Operations and Financial Condition.

On August 8, 2012, The Middleby Corporation (the “Company”) issued a press release announcing its financial results for the second quarter ended June 30, 2012. A copy of that press release is furnished as Exhibit 99.1 and incorporated herein by reference.

The information furnished pursuant to Item 2.02 of this Current Report on Form 8-K (including the exhibit hereto) shall not be considered "filed" under the Securities Exchange Act of 1934, as amended, nor shall it be incorporated by reference into future filings by the Company under the Securities Act of 1933, as amended, or under the Securities Exchange Act of 1934, as amended, unless the Company expressly sets forth in such future filing that such information is to be considered "filed" or incorporated by reference therein.

Item 9.01. Financial Statements and Exhibits.

	(c)	Exhibits
Exhibit No.		Description
Exhibit 99.1		The Middleby Corporation press release dated August 8, 2012.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		THE MIDDLEBY CORPORATION
Dated:	August 8, 2012		By:	/s/ Timothy J. FitzGerald
				Timothy J. FitzGerald
				Vice President and
				Chief Financial Officer

Exhibit Index

Exhibit No.	Description
Exhibit 99.1	The Middleby Corporation press release dated August 8, 2012.

EX-99.1

Exhibit 99.1

The Middleby Corporation Reports Second Quarter Results and Announces New Credit Facility

ELGIN, Ill.--(BUSINESS WIRE)--August 8, 2012--The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice and food processing industries, today reported net sales and earnings for the second quarter ended June 30, 2012. Net earnings for the second quarter were $31,045,000 or $1.67 per share on net sales of $260,040,000 as compared to the prior year second quarter net earnings of $19,628,000 or $1.06 per share on net sales of $210,855,000.

2012 Second Quarter Financial Highlights

• Net sales increased 23.3% in the second quarter as compared to the prior year second quarter. Sales from acquisitions amounted to $38.8 million or 18.4% during the quarter. Excluding the impact of acquisitions, sales increased 4.9% during the second quarter.
• Net sales at the company’s Commercial Foodservice Equipment Group increased 10.2% in the second quarter as compared to the prior year second quarter. Excluding the impact of the acquisitions completed in the second quarter of 2011, net sales of Commercial Foodservice Equipment increased by 5.4%.
• Net sales at the company’s Food Processing Equipment Group increased 94.8% in the second quarter as compared to the prior year second quarter. During fiscal 2011, the company completed the acquisitions of Auto-Bake, Maurer-Atmos, Danfotech, Drake and Armor Inox. During fiscal 2012, the company completed the acquisition of Baker Thermal Solutions (formerly Turkington). Excluding the impact of these acquisitions, sales increased by 2.1% in the second quarter.
• Gross profit in the second quarter increased to $101.8 million from $85.3 million and the gross margin rate decreased from 40.5% to 39.2%. The decline in the gross margin rate reflects a higher mix of sales from the Food Processing Equipment Group with lower gross margins, due in part to recent acquisitions.
• Operating income increased 28.7% in the second quarter to $45.3 million from $35.2 million in the prior year quarter.
• Non-cash expenses during the second quarter of 2012 amounted to $9.5 million, including $2.2 million of depreciation, $4.1 million of intangible amortization and $3.2 million of non-cash share based compensation.
• Provisions for income taxes increased to $12.7 million at a 29.0% effective rate in comparison to $11.9 million at a 37.8% effective rate in the prior year quarter. The second quarter tax provision reflects the favorable impact of increased foreign earnings at lower tax rates and a non-recurring benefit from reduced state tax exposures.
• Total debt at the end of the 2012 second quarter amounted to $274.2 million as compared to $317.3 million at the end of 2011. The reduction in debt is net of the funding for acquisition activities of $10.6 million during the first six months of 2012.
• On August 7, 2012, subsequent to the end of the second quarter, the company entered into a new five-year $1.0 billion multi-currency senior revolving credit agreement, with the potential under certain circumstances to increase to $1.350 billion. This facility replaces the company’s pre-existing $600 million senior revolving credit facility, which had an original maturity of December 2012. The new facility bears an interest rate of LIBOR plus a margin of 1.5%, which is adjusted quarterly based upon the company’s leverage ratio. The new facility provides for availability to fund acquisitions and share repurchases so long as the company maintains certain financial ratios.

Selim A. Bassoul Chairman and Chief Executive Officer, commented, “In the second quarter, at our Commercial Foodservice Equipment Group, we realized continued growth reflecting increased sales in emerging markets and with chain restaurant customers as they upgrade equipment and adopt new technologies to improve the efficiency of store operations. This growth was offset in part by lower sales in Europe due to difficult market conditions which we anticipate will continue in the near term.”

Mr. Bassoul continued, “A modest increase in sales at our Food Processing Equipment Group is expected to accelerate in the second half as we anticipate continued strength in demand from food processors looking to expand and modernize existing plant operations and new customers developing processing operations overseas due to increasing demand for pre-cooked and pre-processed foods in developing markets.”

Mr. Bassoul further commented, “We continue to further initiatives to integrate the newly acquired businesses and realize synergies across the expanded Food Processing Equipment Group, which we expect to benefit the profit margins in future periods.”

Mr. Bassoul concluded, “We were very pleased to have entered into a new and expanded credit facility. This facility provides for increased financing availability to fund growth initiatives and greater flexibility to meet the business needs for our broadened scope of operations as we continue to expand globally.”

Conference Call

A conference call will be held at 8:00 a.m. Central time on Thursday, August 9, 2012 and can be accessed by dialing (866) 200-6965 and providing conference code 74236775# or through the investor relations section of The Middleby Corporation website at www.middleby.com. An audio replay of the call will be available approximately one half hour after its completion and can be accessed by calling (866) 206-0173 and providing code 274999#.

Statements in this press release or otherwise attributable to the Company regarding the Company's business which are not historical fact are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The Company cautions investors that such statements are estimates of future performance and are highly dependent upon a variety of important factors that could cause actual results to differ materially from such statements. Such factors include variability in financing costs; quarterly variations in operating results; dependence on key customers; international exposure; foreign exchange and political risks affecting international sales; changing market conditions; the impact of competitive products and pricing; the timely development and market acceptance of the Company's products; the availability and cost of raw materials; and other risks detailed herein and from time-to-time in the Company's SEC filings.

The Middleby Corporation is a global leader in the foodservice equipment industry. The company develops, manufactures, markets and services a broad line of equipment used for commercial food cooking, preparation and processing. The company's leading equipment brands serving the commercial foodservice industry include Anets®, Beech®, Blodgett®, Blodgett Combi®, Blodgett Range®, Bloomfield®, Britannia®, Carter Hoffmann®, CookTek®, CTX®, Doyon®, FriFri®, Giga®, Holman®, Houno®, IMC®, Jade®, Lang®, Lincat®, MagiKitch'n®, Middleby Marshall®, Nu-Vu®, PerfectFry®, Pitco Frialator®, Southbend®, Star®, Toastmaster®, TurboChef® and Wells®. The company’s leading equipment brands serving the food processing industry include Alkar®, Armor Inox®, Auto-Bake®, Baker Thermal Solutions® (formerly Turkington), Cozzini®, Danfotech®, Drake®, Maurer-Atmos®, MP Equipment® and RapidPak®. The Middleby Corporation has been recognized by Forbes as one of the Best Small Companies every year since 2005, most recently in October 2011.

For more information about The Middleby Corporation and the company brands, please visit www.middleby.com.

THE MIDDLEBY CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS
(Amounts in 000’s, Except Per Share Information)
(Unaudited)
	Three Months Ended					Six Months Ended
	2nd Qtr, 2012			2nd Qtr, 2011		2nd Qtr, 2012		2nd Qtr, 2011
Net sales	$	260,040		$	210,855	$	488,863	$	393,427
Cost of sales		158,224			125,518		299,564		236,260
Gross profit		101,816			85,337		189,299		157,167
Selling & distribution expenses		28,274			21,569		53,449		42,137
General & administrative expenses		28,204			28,520		53,852		48,418
Income from operations		45,338			35,248		81,998		66,612
Interest expense and deferred
financing amortization, net		1,967			2,119		4,058		4,179
Other (income) expense, net		(380	)		1,608		887		1,446
Earnings before income taxes		43,751			31,521		77,053		60,987
Provision for income taxes		12,706			11,893		23,913		23,534
Net earnings	$	31,045		$	19,628	$	53,140	$	37,453
Net earnings per share:
Basic	$	1.70		$	1.09	$	2.92	$	2.08
Diluted	$	1.67		$	1.06	$	2.87	$	2.02
Weighted average number shares:
Basic		18,267			18,052		18,207		17,976
Diluted		18,574			18,579		18,519		18,512
Comprehensive income	$	23,592		$	20,641	$	51,686	$	39,099

THE MIDDLEBY CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
(Amounts in 000’s)
(Unaudited)
	Jun 30, 2012	Dec 31, 2012
ASSETS
Cash and cash equivalents	$ 35,227	$	40,216
Accounts receivable, net	140,665		151,441
Inventories, net	131,559		124,300
Prepaid expenses and other	19,318		12,336
Current deferred tax assets	36,554		39,090
Total current assets	363,323		367,383
Property, plant and equipment, net	62,206		62,507
Goodwill	484,627		477,812
Other intangibles	226,137		234,726
Other assets	4,721		4,084
Total assets	$ 1,141,014	$	1,146,512
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current maturities of long-term debt	$ 5,696	$	315,831
Accounts payable	66,524		63,394
Accrued expenses	147,300		170,392
Total current liabilities	219,520		549,617
Long-term debt	268,503		1,504
Long-term deferred tax liability	40,281		37,845
Other non-current liabilities	46,405		46,577
Stockholders’ equity	566,305		510,969
Total liabilities and stockholders’ equity	$ 1,141,014	$	1,146,512

CONTACT:
The Middleby Corporation
Darcy Bretz, Investor and Public Relations, (847) 429-7756
or
Tim FitzGerald, Chief Financial Officer, (847) 429-7744