secwatch.observer — SEC 8-K summary
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Issuer:     Chefs' Warehouse, Inc. (CHEF)
CIK:        0001517175
Form:       8-K
Filed at:   2023-05-01T23:59:59+00:00
Accession:  0000947871-23-000497
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chefs' Warehouse updates FY2023 guidance; Q1 Adj. EBITDA rises to $32.2M
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- FY2023 net sales guidance $3.20B-$3.30B; gross profit $768M-$792M; Adj. EBITDA $199M-$207M.
- Q1 2023 (13 weeks ended 3/31/23) net income $1.4M; Adj. EBITDA $32.2M vs $21.5M YoY.
- Guidance reflects recent acquisitions and current business trends.
- Adj. EBITDA reconciliation includes non-cash stock comp $5.3M and duplicate rent $1.6M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1517175/000094787123000497/0000947871-23-000497-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1517175/000094787123000497/ss2023297_8k.htm
  HTML page:      https://secwatch.observer/filing/0000947871-23-000497

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer