Core Insights - The Chefs' Warehouse, Inc. has provided a preliminary outlook for fiscal year 2026 following a strong fourth quarter of 2025, indicating positive business trends [2][7] Financial Guidance - The company forecasts net sales to be in the range of $4.35 billion to $4.45 billion for fiscal year 2026 [7] - Gross profit is expected to be between $1.053 billion and $1.076 billion [7] - Adjusted EBITDA, a non-GAAP measure, is projected to be between $276 million and $286 million [7] - The diluted share count is anticipated to be between 46.0 million and 46.7 million shares, including approximately 6.5 million shares from convertible notes due in 2028 [2] Non-GAAP Financial Measures - The company presents forecasted EBITDA and adjusted EBITDA as additional metrics to evaluate its performance, which are not determined in accordance with GAAP [4] - These measures are intended to provide a more complete understanding of the company's operating performance [4][5] Upcoming Events - The company will participate in a fireside chat at the ICR Conference on January 13, 2026, at 11:30 a.m. ET, which will be available via webcast [3]
The Chefs’ Warehouse Announces Preliminary Fiscal Year 2026 Guidance