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Stock impact report

The Chefs’ Warehouse Reports First Quarter 2022 Financial Results

The Chefs' Warehouse, Inc. (CHEF) 
Last the chefs' warehouse, inc. earnings: 2/12 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
RIDGEFIELD, Conn., April 27, 2022 (GLOBE NEWSWIRE) -- The Chefs’ Warehouse, Inc. (NASDAQ: CHEF) (the “Company” or “Chefs’”), a premier distributor of specialty food products in the United States and Canada, today reported financial results for its first quarter ended March 25, 2022. Financial highlights for the first quarter of 2022: Net sales increased 82.8% to $512.1 million for the first quarter of 2022 from $280.2 million for the first quarter of 2021.GAAP net income was $1.4 million, or $0.04 per diluted share, for the first quarter of 2022 compared to net loss of $17.9 million, or $(0.49) per diluted share, in the first quarter of 2021.Adjusted net income per share¹ was $0.10 for the first quarter of 2022 compared to $(0.50) for the first quarter of 2021.Adjusted EBITDA¹ was $21.5 million for the first quarter of 2022 compared to negative adjusted EBITDA of $(9.5) million for the first quarter of 2021. “As expected, 2022 started off with seasonally moderate business activit Show less Read more
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