Chefs' Warehouse Inc (OQ:CHEF)

Business Focus: Food Wholesale

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Sector: Consumer Non-Cyclicals	Industry: Food Retail & Distribution

See Regulatory Filings on SEC

Company Contact

Address:	100 E Ridge Rd RIDGEFIELD CT 06877-4623
Tel:	N/A
Website:	https://www.chefswarehouse.com
IR:	See website

Key People

Christopher Pappas Chairman of the Board, President, Chief Executive Officer, Founder	John Pappas Vice Chairman of the Board, Founder, Chief Operating Officer	James F. Leddy Chief Financial Officer, Assistant Secretary
Christina Polychroni Chief Human Resource Officer	Timothy Mccauley Chief Accounting Officer	Alexandros Aldous General Counsel, Corporate Secretary, Chief Government Relations Officer, Chief Administrative Officer

Business Overview

The Chefs' Warehouse, Inc. is a distributor of specialty food products in the United States, the Middle East and Canada. The Company offers stock-keeping units (SKUs), ranging from specialty foods and ingredients to basic ingredients and staples, produce and center-of-the-plate proteins. Its product categories include center-of-the-plate, dry goods, pastry, cheeses and charcuterie, produce, dairy and eggs, oils and vinegars and kitchen supplies. It operates through the food product distribution segment, which is concentrated primarily in the United States. The Company's customer base consists primarily of menu-driven independent restaurants, fine dining establishments, country clubs, hotels, caterers, culinary schools, bakeries, patisseries, chocolateries, cruise lines, casinos and specialty food stores. Its center-of-the-plate products include custom cut beef, seafood and hormone-free poultry, as well as produce and food products, such as cooking oils, butter, eggs, milk and flour.

Financial Overview

For the 13 weeks ended 29 March 2024, Chefs' Warehouse Inc revenues increased 22% to $874.5M. Net income increased 38% to $1.9M. Revenues reflect Produce segment increase from $53M to $126.1M, Center-of-the-Plate segment increase of 12% to $342.9M. Basic Earnings per Share excluding Extraordinary Items increased from $0.04 to $0.05.

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