The Chefs' Warehouse(US:CHEF)2025-10-29 12:30Financial Performance - Sales increased by 9.6% in Q3 2025 compared to Q3 2024[5] - Adjusted EBITDA increased by 19.5% in Q3 2025 compared to Q3 2024[11] - Adjusted EBITDA for the last twelve months (LTM) Q3 2025 reached $246.1 million[22] - Adjusted Operating Expenses as a percentage of Gross Profit improved by 114 bps to 74.9% LTM Q3 2025 compared to 2024[10] - Adjusted net income available to common shareholders was $22.7 million, or $0.50 per diluted share, for Q3 2025[32] Operational Metrics - Gross Profit per Route increased by 4% LTM Q3 2025 compared to 2024 and 37.8% compared to 2019[8] - Adjusted EBITDA per employee increased by 9% LTM Q3 2025 compared to 2024 and 28% compared to 2019[10] - Unique Customers increased by 2.6% in Q3 2025 compared to Q3 2024[5] - Placements increased by 5.3% in Q3 2025 compared to Q3 2024[5] Capital Allocation - Net Debt Leverage decreased to 2.3x in Q3 2025 from 2.5x at YE 2024[13] - The company repurchased $5 million of its shares in Q3 2025, bringing the total repurchases since January 2024 to $32.4 million[17]