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CHEF News and Press, The Chefs' Warehouse Inc. From 07/27/22

Stock Information

Company Name: The Chefs' Warehouse Inc.
Stock Symbol: CHEF
Market: NASDAQ
Website: chefswarehouse.com

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CHEF - The Chefs' Warehouse Non-GAAP EPS of $0.51 beats by $0.17, revenue of $648.1M beats by $47.34M

The Chefs' Warehouse press release ( NASDAQ: CHEF ): Q2 Non-GAAP EPS of $0.51 beats by $0.17 . Revenue of $648.1M (+53.2% Y/Y) beats by $47.34M . Adjusted EBITDA 1 was $45.3 million for the second quarter of 2022 compared to of $17.2 million for the second ...

CHEF - The Chefs' Warehouse Reports Second Quarter 2022 Financial Results

RIDGEFIELD, Conn., July 27, 2022 (GLOBE NEWSWIRE) -- The Chefs’ Warehouse, Inc. (NASDAQ: CHEF) (the “Company” or “Chefs’”), a premier distributor of specialty food products in the United States and Canada, today reported financial results for its se...

CHEF - Chefs' Warehouse attracts higher estimates from BMO Capital with sales momentum strong

BMO Capital turned more constructive on Chefs' Warehouse ( NASDAQ: CHEF ) with 2022 results seen coming in ahead of plan. Analyst Kelly Bania and team raised estimates on CHEF following the food supplier's guidance hike at the end of June. "CHEF's increased sales are sup...

CHEF - The Chefs' Warehouse to Announce Second Quarter 2022 Results on July 27, 2022

RIDGEFIELD, Conn., July 06, 2022 (GLOBE NEWSWIRE) -- The Chefs’ Warehouse, Inc. (NASDAQ: CHEF) today announced that the Company intends to release its financial results for the second quarter ended June 24, 2022 before the opening of the stock market on Wednesday, July 27, 2022 and h...

CHEF - Investors keep nibbling on food stocks as recession fears linger

Food stocks generally outperformed again on Monday as investors continue to take shelter in consumer defensive names. An upgrade from Stephens on Simply Goods Foods (SMPL) to Overweight from Equal-weight and a potential asset sale for TreeHouse Foods (NYSE:THS) were also in the spotlight. Sim...

CHEF - Why Chef's Warehouse Stock Jumped Almost 10% on Friday

Chef's Warehouse (NASDAQ: CHEF) stock was trading almost 10% higher as of 3:15 p.m. ET Friday, trouncing the S&P 500 's 2.6% increase. The surge added to a great week for the food specialist, as shares are up by more than 20%. Chef's Warehouse announced on Wednesday that...

CHEF - US Foods Holding: Mixed Performance Makes This Food Distributor Less Appealing

US Foods Holding has done well to grow its top line in recent years, but its bottom line has failed to follow suit. This is a shame because the company is trading at attractive levels on an absolute basis. But between its bottom line volatility and how shares are priced compared t...

CHEF - The Chefs' Warehouse raises FY2022 outlook

Based on current trends in the business and the outlook for the remainder of 2022, The Chefs’ Warehouse (NASDAQ:CHEF) is raising FY2022 guidance. Net sales to be in the range of $2.325B to $2.425B, compared to prior range of $2.13B to $2.23B and consensus of $2.24B; Gross profit t...

CHEF - The Chefs' Warehouse, Inc. Increases Full Year 2022 Guidance

RIDGEFIELD, Conn., June 22, 2022 (GLOBE NEWSWIRE) -- The Chefs’ Warehouse, Inc. (NASDAQ:CHEF) (the “Company”), a premier distributor of specialty food products in North America, today announced that based on current trends in the business and the outlook for the remaind...

CHEF - Chefs' Warehouse is a top pick at BTIG with underlying trends strong

BTIG reiterated a Buy rating on Chefs' Warehouse (NASDAQ:CHEF +2.2%) and kept it slotted as a Top Pick on its view that sales trends remained healthy in April and May. Analyst Peter Saleh said that in addition to a positive read from Black Box Intelligence on the strength in the fine dining c...

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