Chef's Warehouse Reports Q4 Earnings of $23.9 Million
RIDGEFIELD, Conn. - Chefs' Warehouse Inc. (CHEF) announced a fourth-quarter profit of $23.9 million on Wednesday. The Ridgefield-based company reported a net income of 55 cents per share and revenue of $1.03 billion for the period.
For the full year, Chefs' Warehouse recorded a profit of $55.5 million, or $1.32 per share, on revenue of $3.79 billion.
The company projects full-year revenue for 2023 to be in the range of $3.94 billion to $4.04 billion.
Chefs' Warehouse stock has experienced growth over the past year, with a 10% increase since the beginning of 2023 and a 58% surge in the last 12 months.