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To: Sun Tzu who wrote (3579)4/27/2022 12:15:54 PM
From: Sun Tzu1 Recommendation

Recommended By
Robert O

  Respond to of 10692
 
The Chefs' Warehouse Swings to Fiscal Q1 Adjusted Profit as Revenue Surges, Company Boosts Revenue Guidance
BY MT Newswires
— 9:05 AM ET 04/27/2022
09:05 AM EDT, 04/27/2022 (MT Newswires) -- The Chefs' Warehouse ( CHEF ) reported fiscal Q1 adjusted earnings Wednesday of $0.10 per diluted share, swinging from a per-share loss of $0.50 a year earlier.

Analysts polled by Capital IQ called for EPS of $0.01.

Sales for the quarter ended March 25 totaled $512.1 million, up from $280.2 million a year earlier.

Analysts surveyed by Capital IQ projected $480.9 million.

For fiscal 2022, the specialty food distributor said it now expects sales to be in a range of $2.13 billion to $2.23 billion. That compares with the company's prior guidance of $2.1 billion to $2.2 billion.

The Chefs' Warehouse's ( CHEF ) shares jumped more than 15% in Wednesday premarket trading.

Price: 41.93, Change: +5.63, Percent Change: +15.51

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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PS Not a bad run from where I posted the message I'm replying to. Especially in this market. An even better run from my base :)