other material
confidence high
sentiment neutral
materiality 0.65
Chefs' Warehouse issues FY2023 guidance: net sales $2.85-$2.95B, Adj. EBITDA $180-$190M
Chefs' Warehouse, Inc.
- Net sales expected between $2.85B and $2.95B for fiscal year 2023.
- Gross profit guided at $684M to $708M; Adjusted EBITDA range $180M-$190M.
- Adjusted EBITDA excludes stock comp ($17M), duplicate rent ($5M), and earn-out adjustments ($1.5M).
- Guidance is preliminary and based on current business trends; risks outlined in prior SEC filings.