secwatch.observer — SEC 8-K summary
======================================

Issuer:     Chefs' Warehouse, Inc. (CHEF)
CIK:        0001517175
Form:       8-K
Filed at:   2022-04-27T23:59:59+00:00
Accession:  0001517175-22-000007
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chefs' Warehouse Q1 net sales up 82.8% to $512.1M; GAAP EPS $0.04 vs -$0.49
---------------------------------------------------------------------------

- Net sales $512.1M (+82.8% YoY); organic sales up 62.9%; acquisition contribution 19.9%.
- GAAP net income $1.4M ($0.04 diluted EPS) vs net loss $17.9M ($0.49 loss) in prior year.
- Adjusted EBITDA $21.5M vs negative $9.5M; adjusted EPS $0.10 vs $(0.50).
- Gross profit margin expanded 191 bps to 22.9%; SG&A as % of sales improved to 21.5% from 28.6%.
- FY 2022 guidance: net sales $2.13B-2.23B; gross profit $500M-524M; adjusted EBITDA $103M-112M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1517175/000151717522000007/0001517175-22-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1517175/000151717522000007/chef-20220427.htm
  HTML page:      https://secwatch.observer/filing/0001517175-22-000007

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