2024-05-10 07:16:18 ET
Summary
- We recap the Q1 results from The Chefs' Warehouse.
- CHEF stock has benefited from strong demand for its specialty and gourmet foods.
- A pricey valuation relative to industry peers may limit the upside in shares from the current level.
The Chefs' Warehouse, Inc. ( CHEF ) reported its latest quarterly results, highlighted by strong growth and firming profitability. The specialty food distributor known for serving fine restaurants, hotels, and gourmet stores has benefited from an ongoing expansion effort....
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Chefs' Warehouse Stock: A Solid Start To 2024, But Valuation Appears Fully Cooked