Chefs' Warehouse: Q2 Earnings Insights

Shares of The Chefs' Warehouse CHEF rose 0.5% in pre-market ttading after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 257.58% year over year to ($0.52), which missed the estimate of ($0.49).

Revenue of $200,496,000 declined by 51.27% from the same period last year, which missed the estimate of $212,840,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

The Chefs' Warehouse hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Jul 29, 2020

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/aec5a5zq

Recent Stock Performance

52-week high: $42.06

52-week low: $3.55

Price action over last quarter: down 7.12%

Company Profile

The Chefs' Warehouse Inc is a specialty food distributor in major metropolitan areas across the United States and Canada. The company's product portfolio is primarily comprised of imported and local specialty food products such as cheese, cooking oils, chocolates, dried food, baking products, meats, and other food products. The Chefs' Warehouse operates via one reporting segment called Food Product Distribution. Operations are concentrated on the east, mid and west coasts of the U.S. The company provides service primarily to restaurants, clubs, hotels, caterers, schools, bakeries, casinos and speciality food stores.