secwatch.observer — SEC 8-K summary
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Issuer:     Chefs' Warehouse, Inc. (CHEF)
CIK:        0001517175
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0001517175-24-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chefs' Warehouse Q1 net sales +21.5% to $874.5M; adj. EPS $0.15 vs $0.12
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- GAAP net income $1.9M ($0.05 diluted EPS) vs $1.4M ($0.04) a year ago.
- Adjusted EBITDA $40.2M vs $32.8M; adjusted net income per share $0.15 vs $0.12.
- Gross profit margin expanded 37 bps to 23.9%; organic case count +4.6% in specialty.
- FY2024 guidance: net sales $3.64B-$3.785B, adj. EBITDA $207M-$219M.
- Interest expense rose $3.2M to $13.2M on higher debt and variable rates.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1517175/000151717524000010/0001517175-24-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1517175/000151717524000010/chef-20240501.htm
  HTML page:      https://secwatch.observer/filing/0001517175-24-000010

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