Midera debuts post-spin-off with 22% sales growth, margin dip, and $1B credit facility

Filed August 18, 2026 · Period ending July 4, 2026 · ~1 min read

Key Changes

• high

  First standalone report after July 6 spin-off from Middleby; 45.2M shares distributed to holders.

  MD&A: Spin-off verify on EDGAR →
• high

  Net sales rose 22.1% to $470.4M for six months, driven by acquisitions and 11.6% organic growth.

  MD&A: Revenue verify on EDGAR →
• high

  Gross margin fell to 34.9% from 36.8% on inflation and mix; effective tax rate jumped to 37.7% from 23.4%.

  MD&A: Profitability verify on EDGAR →