Quarterly ResultJul 29, 2026, 08:37 AM
Chefs' Warehouse Q2 Net Sales $1.17B, Net Income +59% to $33.77M
AI Summary
Chefs' Warehouse reported strong financial results for the thirteen weeks ended June 26, 2026, with net sales increasing by 12.9% to $1.17 billion and net income surging by 59.0% to $33.77 million. Diluted EPS also saw a significant rise of 55.1% to $0.76. For the twenty-six weeks, net sales grew by 12.2% to $2.23 billion, and net income increased by 62.2% to $51.13 million. The company also extended its share repurchase program.
Key Highlights
- Net sales for the thirteen weeks ended June 26, 2026, increased 12.9% to $1.17 billion.
- Net income for the thirteen weeks ended June 26, 2026, rose 59.0% to $33.77 million.
- Diluted EPS for the thirteen weeks ended June 26, 2026, was $0.76, up 55.1% from $0.49.
- Gross profit for the thirteen weeks ended June 26, 2026, increased 15.2% to $292.89 million.
- Net cash provided by operating activities for the twenty-six weeks ended June 26, 2026, grew 50.9% to $96.65 million.
- Cash and cash equivalents increased to $135.47 million as of June 26, 2026.
- Share repurchase program extended for ten years with $57.62 million remaining authorization.
- Acquisition of Italco Food Products was completed on October 1, 2025.
Price Impact
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