---
schema_version: "secwatch.filing_event.v1"
accession: "0001517175-23-000009"
form_type: "8-K"
ticker: "CHEF"
cik: "0001517175"
company_name: "Chefs' Warehouse, Inc."
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T00:59:19.136415+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Chefs' Warehouse Q1 net sales up 40.5% to $719.6M; guides FY23 sales $3.20-3.30B

## Summary
- GAAP net income $1.4M ($0.04 diluted EPS); adjusted EPS $0.12 vs $0.10 prior year.
- Organic sales increased 17.1%; acquisitions contributed 23.4% to total sales growth.
- Adjusted EBITDA $32.8M vs $21.5M prior year; gross profit margin improved 64 bps to 23.6%.
- FY 2023 guidance: net sales $3.20-3.30B, gross profit $768-792M, adjusted EBITDA $199-207M.
- CEO cites strong demand in upscale casual/higher-end segments despite weather disruptions.

## SEC filing metadata
- accession: 0001517175-23-000009
- form_type: 8-K
- ticker: CHEF
- cik: 0001517175
- company_name: Chefs' Warehouse, Inc.
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1517175/000151717523000009/0001517175-23-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1517175/000151717523000009/chef-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001517175-23-000009
- JSON: https://secwatch.observer/filing/0001517175-23-000009.json
- Plain text: https://secwatch.observer/filing/0001517175-23-000009.txt

## Key facts
- Earnings Releases
  Chefs' Warehouse, Inc. reported first quarter ended March 31, 2023 results: revenue $719.6 million, net income $1.4 million, or $0.04 per diluted share, EPS $0.04 per diluted share. Guidance initiated.
  - Period: first quarter ended March 31, 2023
  - Revenue: $719.6 million
  - Net income: $1.4 million, or $0.04 per diluted share
  - EPS: $0.04 per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: Net sales increased 40.5% to $719.6 million for the first quarter of 2023 from $512.1 million for the first quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1517175/000151717523000009/0001517175-23-000009-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.