The Chefs Warehouse Inc (CHEF) Releases Earnings Results, Misses Expectations By $-0.03 EPS

The Chefs Warehouse Inc (CHEF) reported quarterly earnings results on Tuesday, May-3-2016. The company reported $0.05 earnings per share for the quarter, missing the analyst consensus estimate by $-0.03. Analysts had a consensus of $0.08. The company posted revenue of $262.40 million in the period, compared to analysts expectations of $265.21 million. The company’s revenue was up 32.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.08 EPS.

The Chefs Warehouse Inc closed down -0.04 points or -0.21% at $19.23 with 92,176 shares getting traded on Monday. Post opening the session at $19.39, the shares hit an intraday low of $19.16 and an intraday high of $19.39 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

In a different news, on Apr 4, 2016, Frank O’dowd (Chief Information Officer) sold 5,000 shares at $20.13 per share price. According to the SEC, on Nov 9, 2015, Katherine Oliver (director) purchased 547 shares at $18.28 per share price. On Nov 9, 2015, Alan C. Guarino (director) purchased 1,400 shares at $17.95 per share price, according to the Form-4 filing with the securities and exchange commission.

The Chefs’ Warehouse Inc. is a distributor of specialty food products in the United States and Canada. The Company is focused on serving the specific needs of chefs who own and/or operate a range of independent restaurants fine dining establishments country clubs hotels caterers culinary schools bakeries patisseries chocolatiers cruise lines casinos and specialty food stores in the United States and Canada. The Company’s product portfolio includes over 31800 stock-keeping units (SKUs) over 1600 suppliers. Its product portfolio consists of imported and domestic specialty food products such as artisan charcuterie specialty cheeses oils and vinegars truffles caviar chocolate and pastry products. The Company also offers a line of center-of-the-plate products including custom cut beef seafood and hormone-free poultry as well as broadline food products such as cooking oils butter eggs milk and flour.

The Chefs Warehouse Inc

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