secwatch.observer — SEC 8-K summary
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Issuer:     Chefs' Warehouse, Inc. (CHEF)
CIK:        0001517175
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0001517175-23-000015
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1517175/000151717523000015/0001517175-23-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1517175/000151717523000015/chef-20231101.htm
  HTML page:      https://secwatch.observer/filing/0001517175-23-000015

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