earnings
confidence high
sentiment positive
materiality 0.75
Chefs' Warehouse Q3 net sales up 90.7% to $484.3M; GAAP EPS $0.09 vs $(0.31)
Chefs' Warehouse, Inc.
2021-Q3 EPS reported
-$0.36
revenue$1,187,506,000
- Net sales $484.3M, up 90.7% YoY; organic sales growth 84.2%.
- GAAP net income $3.5M ($0.09 diluted EPS) vs net loss $11.4M ($(0.31)) in prior year.
- Adjusted EBITDA $23.4M vs negative $(4.9M); adjusted EPS $0.12 vs $(0.38).
- Gross profit $110.0M, up 82.2%; gross margin down 105 bps to 22.7%.
- Company not providing FY2021 guidance due to uncertainty in pace of recovery.