Why Chefs' Warehouse Stock Dropped on Wednesday [Yahoo! Finance]
The Chefs' Warehouse, Inc. (CHEF)
Last the chefs' warehouse, inc. earnings: 2/12 04:05 pm
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US:NASDAQ Investor Relations:
investors.chefswarehouse.com/investor-relations
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Source: Yahoo! Finance
That's compared to a modest decline in the S&P 500 . The rally added to a great run for the specialty foods distributor's stock. Shares are up 19% so far in 2024, beating the wider market's 5% uptick. Wednesday's gains were sparked by management's first-quarter update, which was stuffed with good news about the business's operating trends. The good news There was plenty for investors to cheer in the report. Chefs' Warehouse posted a 22% sales spike in the Q1 period that ran through late March. Most of that spike came from recent acquisitions, though, and so investors are better served following organic revenue trends. The good news is this metric was up a healthy 9%. Food deliveries were up across Chefs' Warehouse's international and domestic business units and throughout its product portfolio. Prices continued trending higher as well, indicating solid pricing power. Management called the performance "a great start to 2024" in a press release. Chefs' Warehouse remained profi
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CHEF
News
- The Chefs' Warehouse, Inc. (NASDAQ: CHEF) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- The Chefs' Warehouse, Inc. (NASDAQ:CHEF) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- The Chefs' Warehouse, Inc. (NASDAQ: CHEF) had its "buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $50.00 price target on the stock.MarketBeat
- The Chefs' Warehouse Reports First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- The Chefs’ Warehouse Reports First Quarter 2024 Financial ResultsGlobeNewswire
CHEF
Earnings
- 5/1/24 - Beat
CHEF
Sec Filings
- 5/14/24 - Form 8-K
- 5/1/24 - Form 10-Q
- 5/1/24 - Form 8-K
- CHEF's page on the SEC website