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Chefs’ Warehouse: 2Q Earnings Snapshot

July 31, 2019

RIDGEFIELD, Conn. (AP) _ The Chefs’ Warehouse Inc. (CHEF) on Wednesday reported second-quarter net income of $7.7 million.

The Ridgefield, Connecticut-based company said it had profit of 26 cents per share. Earnings, adjusted for non-recurring costs, came to 33 cents per share.

The distributor of specialty food products posted revenue of $411.4 million in the period.

Chefs’ Warehouse expects full-year earnings in the range of 96 cents to $1.05 per share, with revenue in the range of $1.57 billion to $1.61 billion.

Chefs’ Warehouse shares have climbed 14% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $36.47, a rise of 35% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHEF at https://www.zacks.com/ap/CHEF

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