Chefs' Warehouse Posts $1.14B in Q3 Sales
CHEF sits 93% above its 52-week low of $56.46.
Summary
Chefs' Warehouse reported third-quarter sales of $1.14 billion, a modest step down from the $1.17 billion it posted in Q2 2026, with net income of $29.6 million and earnings per share of 67 cents. Context matters here: Q2 net sales grew 12.9% year over year with net income up 59% to $33.8 million and gross margin at 25.1%, so the bar for Q3 was high. The company also closed a $675 million term loan due 2033 on October 19, refinancing its $305 million prior facility and settling $287.2 million of convertible notes, which reshapes interest expense in this quarter's results.
At the time of this announcement, CHEF was trading at $109.01 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $4.4B. The 52-week trading range was $56.46 to $118.51. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.