Chefs' Warehouse Q3 adjusted EPS $0.36, revenue $931.5M; guides FY EBITDA $210-219M

Chefs' Warehouse, Inc.

2024-Q3 EPS reported $0.77 revenue$2,760,644,000

GAAP net income $14.1M ($0.34 diluted EPS) vs $7.3M ($0.19) YoY; adjusted EPS $0.36 vs $0.33.
Net sales $931.5M (+5.6% YoY); gross profit $224.7M (+8.2%), margin +58 bps to 24.1%.
Organic specialty case count +3.1%; unique customer placements +10.8% YoY.
FY2024 guidance: net sales $3.71B-$3.775B; adjusted EBITDA $210M-$219M.
Adjusted EBITDA $54.5M vs $50.3M YoY; CEO cites demand momentum into October.

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