Welcome to our dedicated page for Chefs' Warehouse news (Ticker: CHEF), a resource for investors and traders seeking the latest updates and insights on Chefs' Warehouse stock.
Chefs' Warehouse (NASDAQ: CHEF) provides specialty food distribution services for premium culinary establishments across North America. This news hub offers investors and industry professionals centralized access to official updates and market-moving developments.
Track the latest earnings reports, strategic acquisitions, and product line expansions from this leading gourmet supplier. Our curated news collection simplifies monitoring of operational milestones impacting the high-end food service sector.
Key updates include distribution network growth, partnerships with artisan producers, and innovations in fresh produce sourcing. Bookmark this page for real-time insights into CHEF's market position within the $50B+ specialty foods industry.
The Chefs’ Warehouse reported a significant financial turnaround for Q4 2021, with net sales soaring 98.2% to $558.3 million compared to Q4 2020. The company achieved a net income of $8.4 million or $0.22 per diluted share, reversing a loss of $37.1 million in the prior year. Adjusted EBITDA rose to $30.2 million, up from a negative $10.5 million.
For FY 2022, guidance estimates net sales between $2.1 billion and $2.2 billion and adjusted EBITDA between $99 million and $111 million.
The Chefs’ Warehouse, Inc. (NASDAQ: CHEF) plans to release its financial results for the fourth quarter and fiscal year ending December 24, 2021, on February 9, 2022, before market opening. A conference call will be held at 8:30 a.m. ET on the same day to discuss these results, which will be available for live webcast on the Company's investor relations website. As a leading distributor of specialty food products in the U.S. and Canada, The Chefs' Warehouse serves a diverse clientele including independent restaurants and culinary schools.
The Chefs' Warehouse, a leading distributor of specialty food products in North America, will present virtually at the 11th Annual Jefferies Winter Summit on January 25, 2022, at 10:00 a.m. ET. Investors can access the live webcast through the Company’s investor relations website. The Chefs' Warehouse serves over 34,000 customers, including fine dining establishments and culinary schools, distributing more than 55,000 products across the U.S. and Canada.
The Chefs' Warehouse, a leading distributor of specialty food products in North America, announced a virtual presentation at the 2022 ICR Conference on January 11, 2022, starting at 10:00 a.m. ET. Interested investors can access the presentation via the Company’s investor relations website. The Chefs' Warehouse services over 34,000 customers across the U.S. and Canada, distributing more than 55,000 products.
The Chefs' Warehouse, Inc. (NASDAQ:CHEF) has successfully acquired the assets of CGC Holdings, Inc., known as Capital Seaboard, a prominent supplier of produce and seafood in the Mid-Atlantic region. This acquisition aligns with Chefs' Warehouse's strategy to bolster its specialty food distribution capabilities. CEO Christopher Pappas expressed enthusiasm for the integration, emphasizing complementary services that will enhance customer experience. Founded in 1985, Capital Seaboard is recognized for quality and service, strengthening Chefs' Warehouse's market position.
The Chefs’ Warehouse, Inc. (NASDAQ: CHEF) will virtually present at the Morgan Stanley Virtual Global Consumer & Retail Conference on December 1, 2021, at 2:25 p.m. ET. The Company is a premier distributor of specialty food products in North America, serving over 34,000 customer locations with more than 55,000 products. Interested investors can listen to the presentation via the Company's investor relations website.
The Chefs' Warehouse (NASDAQ:CHEF) has announced a partnership with the Food Education Fund to launch a collaborative Bridge Program beginning in spring 2022. This initiative aims to educate students on the culinary industry and provide mentoring in areas such as food sales and finance. CEO Chris Pappas emphasized the importance of supporting the future leaders in food and hospitality. The Chefs' Warehouse is a leading distributor of specialty food products, serving over 34,000 customer locations in the United States and Canada.
The Chefs’ Warehouse, Inc. (NASDAQ: CHEF) reported a substantial 90.7% increase in net sales for Q3 2021, totaling $484.3 million compared to $254.0 million in Q3 2020. The company achieved a net income of $3.5 million, up from a net loss of $11.4 million the previous year. Adjusted EPS rose to $0.12, while adjusted EBITDA climbed to $23.4 million. Despite strong sales growth, the company refrained from providing full-year guidance due to economic uncertainties. Operating income improved to 2.2% of net sales.
The Chefs' Warehouse (NASDAQ:CHEF) announced the acquisition of certain assets from Martin Preferred Foods, based in Houston, Texas, to enhance its specialty protein distribution in the region. This strategic move aims to strengthen its presence in the Texas market and expand the Allen Brothers brand offerings. The CEO of Martin Preferred Foods expressed excitement over refocusing on manufacturing value-added proteins post-sale. This acquisition aligns with The Chefs' Warehouse's goal of servicing more chefs with high-quality products.
The Chefs’ Warehouse, Inc. (NASDAQ: CHEF) plans to announce its financial results for the third quarter ending September 24, 2021, before the market opens on October 27, 2021. A conference call will follow at 8:30 a.m. ET, allowing investors to review the outcomes. This call will be accessible live via the Company’s investor relations website, with an online archive available for 30 days post-event.
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