Benzinga | Oct 28, 2020 07:42AM EDT

Recap: Chefs' Warehouse Q3 Earnings



Shares of The Chefs' Warehouse (NASDAQ:CHEF) rose 1.2% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 265.22% over the past year to ($0.38), which missed the estimate of ($0.31).

Revenue of $254,030,000 declined by 35.99% from the same period last year, which missed the estimate of $266,680,000.

Guidance

The Chefs' Warehouse hasn't issued any earnings guidance for the time being.

The Chefs' Warehouse hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Oct 28, 2020

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/mvnv9a5z

Technicals

Company's 52-week high was at $40.33

52-week low: $3.55

Price action over last quarter: Up 25.78%

Company Description

The Chefs' Warehouse Inc is a specialty food distributor in major metropolitan areas across the United States and Canada. The company's product portfolio is primarily comprised of imported and local specialty food products such as cheese, cooking oils, chocolates, dried food, baking products, meats, and other food products. The Chefs' Warehouse operates via one reporting segment called Food Product Distribution. Operations are concentrated on the east, mid and west coasts of the U.S. The company provides service primarily to restaurants, clubs, hotels, caterers, schools, bakeries, casinos and speciality food stores.