The Chefs' Warehouse(CHEF)
Search documents
The Chefs' Warehouse to Announce Second Quarter Results on July 31, 2024
GlobeNewswire News Room· 2024-07-17 12:00
The conference call will be webcast live from the Company's investor relations website at http://investors.chefswarehouse.com/. An online archive of the webcast will be available on the Company's investor relations website for 30 days. The Chefs' Warehouse, Inc. is a premier distributor of specialty food products in the United States, the Middle East and Canada focused on serving the specific needs of chefs who own and/or operate some of the nation's leading menu-driven independent restaurants, fine dining ...
Why Fast-paced Mover Chefs' Warehouse (CHEF) Is a Great Choice for Value Investors
ZACKS· 2024-06-25 13:50
Core Insights - The article emphasizes the importance of identifying the right entry point for fast-moving stocks, highlighting the risks of investing in overvalued shares with limited upside potential [1] - Chefs' Warehouse (CHEF) is presented as a strong candidate for investment, having shown a price increase of 6.4% over the past 12 weeks, indicating its potential for sustained momentum [2][3] - CHEF is trading at a low Price-to-Sales ratio of 0.43, suggesting it is attractively valued relative to its sales [4] - The stock has a Momentum Score of B, indicating a favorable time to invest [3] - CHEF's beta of 2.3 indicates high volatility, moving 130% more than the market in either direction, which reflects its fast-paced momentum [10] - The stock has received a Zacks Rank 2 (Buy) due to positive earnings estimate revisions, suggesting strong investor interest and potential for further price increases [11] Investment Strategy - Momentum investors focus on "buying high and selling higher," rather than waiting for cheap stocks to recover, which aligns with the strategy of investing in CHEF [7] - The Zacks Momentum Style Score and the 'Fast-Paced Momentum at a Bargain' screen are useful tools for identifying stocks like CHEF that exhibit recent price momentum while remaining attractively priced [8] - The article suggests that there are other stocks that also meet the criteria for fast-paced momentum at a bargain, encouraging investors to explore these options [5]
The Chefs' Warehouse: Fuels Growth By Catering To High-End Restaurants
Seeking Alpha· 2024-05-11 03:31
FilippoBacci Synopsis The Chefs' Warehouse, Inc. (NASDAQ:CHEF) is a major distributor of specialty food and centre-of-plate products in North America and the Middle East. With strong distribution networks and a large customer base, they serve food products of the highest grade and quality. CHEF has shown strong revenue growth throughout the years, with most of the sales coming from its recent strategic acquisitions. Although CHEF operates in an industry with high volume but a relatively lower profit mar ...
Why Chefs' Warehouse Stock Dropped on Wednesday
The Motley Fool· 2024-05-02 11:57
This quarter's earnings update contained some good news for investors.Chefs' Warehouse (CHEF 5.56%) stock was strong on Wednesday as shares jumped 6% by early afternoon trading. That's compared to a modest decline in the S&P 500. The rally added to a great run for the specialty foods distributor's stock. Shares are up 19% so far in 2024, beating the wider market's 5% uptick.Wednesday's gains were sparked by management's first-quarter update, which was stuffed with good news about the business's operating tr ...
The Chefs' Warehouse(CHEF) - 2024 Q1 - Earnings Call Transcript
2024-05-01 19:24
The Chefs' Warehouse, Inc. (NASDAQ:CHEF) Q1 2024 Results Conference Call May 1, 2024 9:00 AM ET Company Participants Alex Aldous - General Counsel, Corporate Secretary and Chief Government Relations Officer Chris Pappas - Founder, Chairman and CEO Jim Leddy - CFO Conference Call Participants Alex Slagle - Jeffries Mark Carden - UBS Peter Saleh - BTIG Andrew Wolf - CL King Kelly Bania - BMO Capital Ben Klieve - Lake Street Capital Todd Brooks - Benchmark Capital Operator Greetings, and welcome to The Chefs' ...
The Chefs' Warehouse(CHEF) - 2024 Q1 - Quarterly Report
2024-05-01 12:38
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized on May 1, 2024. THE CHEFS' WAREHOUSE, INC. (Registrant) Date: May 1, 2024 /s/ James Leddy James Leddy Chief Financial Officer (Principal Financial Officer) Date: May 1, 2024 /s/ Timothy McCauley Timothy McCauley Chief Accounting Officer (Principal Accounting Officer) 23 UNITED STATES SECURITIES AND EXCHA ...
The Chefs' Warehouse(CHEF) - 2024 Q1 - Quarterly Results
2024-05-01 12:07
The Chefs' Warehouse Reports First Quarter 2024 Financial Results Financial highlights for the first quarter of 2024: First Quarter Fiscal 2024 Results Selling, general and administrative expenses increased by approximately 21.9% to $190.3 million for the first quarter of 2024 from $156.1 million for the first quarter of 2023. The increase was primarily due to higher depreciation and amortization driven by acquisitions and facility investments, and higher costs associated with compensation and benefits, fac ...
COTY Benefits From Core Priorities & Strategic Partnerships
Zacks Investment Research· 2024-04-08 14:35
Strength in the brand portfolio and impressive momentum in the global beauty market keeps Coty Inc. (COTY) well-positioned for growth. The beauty products provider is on track with its strategic pillar, which is yielding. The company undertakes strategic partnerships to grow its presence. That being said, COTY is not immune to a rising cost environment.Let’s delve deeper.Market Trends Drive GrowthThe beauty space continues to stand out and Coty is well-positioned to capitalize on this favorable market envir ...
COTY on Track With Cost Savings Amid Inflationary Headwinds
Zacks Investment Research· 2024-03-18 16:06
Coty Inc. (COTY) is benefiting from the focus on its strategic pillars aimed at sustainable growth. The beauty products provider undertakes strategic partnerships to enhance its brand portfolio. Management is on track with cost-saving efforts to counter inflationary headwinds.Let’s delve deeper.Core Priorities Drive GrowthThe company is benefiting from its focus on six strategic pillars that are aimed at sustainable growth. These include stabilizing Consumer Beauty make-up brands and mass fragrances; accele ...
The Chefs' Warehouse, Inc. Reaches Cooperation Agreement with Legion Partners Asset Management
Newsfilter· 2024-03-04 21:10
Three New Independent Directors Join the Board with Five Incumbent Directors Who Have Served for Five Years or Longer Stepping off by the 2025 Annual Meeting Operational and Financial Performance Task Force Will be Formed to Support Identifying Margin Improvement Opportunities RIDGEFIELD, Conn., March 04, 2024 (GLOBE NEWSWIRE) -- The Chefs' Warehouse, Inc. (the "Company") (NASDAQ:CHEF), a premier distributor of specialty food products in the United States, the Middle East and Canada, announced today that it ...