Chefs’ Warehouse: 4Q Earnings Snapshot

February 13, 2019

RIDGEFIELD, Conn. (AP) _ The Chefs’ Warehouse Inc. (CHEF) on Wednesday reported fourth-quarter earnings of $8.9 million.

On a per-share basis, the Ridgefield, Connecticut-based company said it had profit of 30 cents. Earnings, adjusted for non-recurring costs, were 32 cents per share.

The distributor of specialty food products posted revenue of $394.1 million in the period.

For the year, the company reported profit of $20.4 million, or 70 cents per share. Revenue was reported as $1.44 billion.

Chefs’ Warehouse expects full-year earnings in the range of 91 cents to $1.01 per share, with revenue in the range of $1.52 billion to $1.57 billion.

Chefs’ Warehouse shares have increased 15 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $36.66, an increase of 92 percent in the last 12 months.


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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