---
schema_version: "secwatch.filing_event.v1"
accession: "0001517175-23-000015"
form_type: "8-K"
ticker: "CHEF"
cik: "0001517175"
company_name: "Chefs' Warehouse, Inc."
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T02:28:45.300998+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Chefs' Warehouse Q3 net sales +33% to $881.8M; adjusted EPS $0.33 vs $0.41

## Summary
- Net sales $881.8M, up 33.2% YoY; organic sales up 7.1%.
- GAAP diluted EPS $0.19 vs $0.21; adjusted EPS $0.33 vs $0.41.
- Adjusted EBITDA $50.3M vs $41.0M; operating income $25.5M vs $22.1M.
- FY2023 guidance: net sales $3.35B-$3.425B; adjusted EBITDA $188M-$196M.
- Board authorized $100M share repurchase program over 2 years; target 2.5x-3.0x leverage by YE2025.

## SEC filing metadata
- accession: 0001517175-23-000015
- form_type: 8-K
- ticker: CHEF
- cik: 0001517175
- company_name: Chefs' Warehouse, Inc.
- filed_at: 2023-11-01T23:59:59+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/1517175/000151717523000015/0001517175-23-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1517175/000151717523000015/chef-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001517175-23-000015
- JSON: https://secwatch.observer/filing/0001517175-23-000015.json
- Plain text: https://secwatch.observer/filing/0001517175-23-000015.txt

## Key facts
- Earnings Releases
  Chefs' Warehouse, Inc. reported third quarter ended September 29, 2023 results: revenue $881.8 million, net income $7.3 million, EPS $0.19 per diluted share. Guidance initiated.
  - Period: third quarter ended September 29, 2023
  - Revenue: $881.8 million
  - Net income: $7.3 million
  - EPS: $0.19 per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: The Chefs’ Warehouse, Inc. (NASDAQ: CHEF) (the “Company” or “Chefs’”), a premier distributor of specialty food products in the United States, Middle East, and Canada, today reported financial results for its third quarter ended September 29, 2023. Financial highlights for the third quarter of 2023: • Net sales increased 33.2% to $881.8 million for the third quarter of 2023 from $661.9 million for the third quarter of 2022. • GAAP net income was $7.3 million, or $0.19 per diluted share, for the third quarter of 2023 compared to $8.3 million, or $0.21 per diluted share, in the third quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1517175/000151717523000015/0001517175-23-000015-index.htm
- Earnings Releases
  Chefs' Warehouse, Inc. reported full year 2023 results: revenue $3.35 billion to $3.425 billion. Guidance initiated.
  - Period: full year 2023
  - Revenue: $3.35 billion to $3.425 billion
  - Guidance: initiated
  - Result: guidance update
  source text: Based on current trends in the business, the Company is providing full year financial guidance as follows: ▪ Estimated net sales for the full year of 2023 will be in the range of $3.35 billion to $3.425 billion; ▪ Gross profit to be between $797.0 million and $812.0 million and ▪ Adjusted EBITDA to be between $188.0 million and $196.0 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1517175/000151717523000015/0001517175-23-000015-index.htm

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