Chefs' Warehouse Q2 net sales up 8.3% to $954.7M; adjusted EPS $0.40 vs $0.35 YoY

Chefs' Warehouse, Inc.

2024-Q2 EPS reported $0.44 revenue$1,829,192,000

GAAP net income $15.5M ($0.37/diluted) vs $9.9M ($0.25) in Q2 2023.
Adjusted EBITDA $56.2M vs $51.1M; gross margin improved 35 bps to 24.0%.
Organic sales grew 7.2%; specialty case count +4.7%, center-of-the-plate pounds +2.9%.
FY2024 guidance: net sales $3.665-3.785B, gross profit $874-902M, adjusted EBITDA $208-219M.
CEO cites strong customer placement growth and effective pricing management.

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