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.
The Chefs’ Warehouse, Inc. (NASDAQ: CHEF) is a specialty food distributor serving professional chefs and culinary operators in the United States, the Middle East and Canada. This news page aggregates company-issued updates and market announcements so readers can follow how CHEF communicates its performance and outlook over time.
According to its own descriptions, The Chefs’ Warehouse is a premier distributor of specialty food products focused on menu-driven independent restaurants, fine dining establishments, country clubs, hotels, caterers, culinary schools, bakeries, patisseries, chocolateries, cruise lines, casinos and specialty food stores. News about CHEF often highlights how its distribution activities support these food-away-from-home customers across its geographic footprint.
Typical news items for The Chefs’ Warehouse include quarterly and annual financial results, preliminary fiscal guidance, and explanations of non-GAAP measures such as EBITDA and adjusted EBITDA that management uses alongside GAAP metrics. The company also issues press releases about participation in investor conferences and fireside chats, where executives discuss business trends, demand patterns and financial guidance with the investment community.
Investors and analysts following CHEF can use this news feed to review updates on net sales trends, gross profit performance and adjusted EBITDA guidance as disclosed in the company’s own releases, as well as announcements about upcoming earnings calls and conference webcasts. Bookmark this page to access a consolidated view of The Chefs’ Warehouse’s public news flow, including earnings releases, guidance updates and conference participation notices related to CHEF stock.
The Chefs’ Warehouse, Inc. (NASDAQ:CHEF) announced an increase in its full year 2022 guidance, reflecting strong customer demand despite supply chain challenges. The updated projections include net sales between $2.325 billion and $2.425 billion, up from $2.13 billion to $2.23 billion; gross profit between $542.0 million and $565.0 million, increased from $500.0 million to $524.0 million; and adjusted EBITDA of $130.0 million to $140.0 million, an increase from $103.0 million to $112.0 million. The company aims to enhance efficiencies through strategic investments.
The Chefs' Warehouse, a leading food product distributor in North America, will present at the Jefferies Consumer Conference on June 20, 2022, at 8:00 a.m. ET. Investors can access the webcast on the Company's investor relations website. This presentation highlights the Company's focus on meeting the needs of chefs at top restaurants, hotels, and culinary schools across the U.S. and Canada, with over 50,000 products distributed to more than 35,000 customer locations.
On June 1, 2022, The Chefs’ Warehouse (NASDAQ: CHEF) announced its Great Place To Work® Certification™, awarded by the Great Place to Work® Institute. CEO Christopher Pappas praised the company's supportive and inclusive culture, emphasizing a commitment to high-trust and high-performance work environments. This certification reflects the company's dedication to employee experience and indicates a strong position in the industry. The Chefs’ Warehouse continues to serve over 35,000 customers as a leading distributor of specialty foods in North America.
The Chefs' Warehouse, a leading distributor of specialty food products in North America, will present at the BMO Global Farm to Market Conference on May 18, 2022. The event takes place at the Lotte New York Palace Hotel, starting at 2:00 p.m. ET. Investors and interested parties can access a webcast of the presentation via the Company’s investor relations website. With over 50,000 products distributed to 35,000 locations across the U.S. and Canada, The Chefs' Warehouse caters to a diverse clientele, including independent restaurants, hotels, and culinary institutions.
The Chefs’ Warehouse, Inc. (NASDAQ: CHEF) reported strong Q1 2022 results, with net sales soaring 82.8% to $512.1 million, compared to $280.2 million in Q1 2021. GAAP net income reached $1.4 million ($0.04/share), rebounding from a net loss of $17.9 million in the prior year. Adjusted EBITDA rose to $21.5 million, reversing from a negative $9.5 million. Organic sales increased 62.9%, while gross profit surged 99.4% to $117.5 million. The company issued guidance for 2022 with estimated net sales of $2.13 to $2.23 billion, signaling continued growth.
The Chefs' Warehouse, Inc. (NASDAQ: CHEF) announced it will release its financial results for the first quarter ending March 25, 2022, before market opening on April 27, 2022. The company will also host a live conference call at 8:30 a.m. ET on the same day to discuss the results. Interested parties can access the call via the investor relations website, with an online archive available for 30 days. The Chefs' Warehouse specializes in distributing over 50,000 food products to more than 35,000 customer locations across the U.S. and Canada.
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.