Chefs’ Warehouse: 3Q Earnings Snapshot
RIDGEFIELD, Conn. (AP) _ The Chefs’ Warehouse Inc. (CHEF) on Wednesday reported third-quarter earnings of $4.4 million.
The Ridgefield, Connecticut-based company said it had profit of 15 cents per share. Earnings, adjusted for non-recurring costs, came to 23 cents per share.
The distributor of specialty food products posted revenue of $396.9 million in the period.
Chefs’ Warehouse expects full-year earnings in the range of 96 cents to $1.03 per share, with revenue in the range of $1.58 billion to $1.6 billion.
Chefs’ Warehouse shares have risen 21% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $38.62, a climb of 15% in the last 12 months.