| Metric | Value ($ M) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 1.1K | 2.8% | 11.2% |
| Total Income | 1.1K | 2.8% | 11.2% |
| Expenditure | 1.1K | 2.4% | 10.3% |
| PBT | 42.49 | 13.7% | 49.6% |
| Net Profit | 29.62 | 12.3% | 54.7% |
| OPM | 4.54% | 0.48pp | 0.72pp |
| NPM | 2.61% | 0.28pp | 0.73pp |
| EPS | 0.76 | 12.6% | 52.0% |
The Chefs' Warehouse Reports Q3 2026 Financial Results with 11.2% Net Sales Growth
28 Oct 2026 · 1d ago, 6:06 pm
Summary
The Chefs' Warehouse, Inc. reported strong third quarter 2026 financial results, with net sales increasing 11.2% year-over-year to $1.14 billion. GAAP net income rose to $29.6 million ($0.67 per diluted share) from $19.1 million ($0.44 per diluted share) in the prior year quarter, while Adjusted EBITDA grew to $82.2 million from $65.1 million. The company is raising its full-year 2026 guidance, anticipating net sales between $4.56 billion and $4.61 billion, reflecting positive momentum and strong execution.
Key Highlights
- 1
Net sales increased by 11.2% to $1.14 billion for the third quarter of 2026 compared to $1.02 billion in the third quarter of 2025.
- 2
GAAP net income for the third quarter of 2026 was $29.6 million, or $0.67 per diluted share, an increase from $19.1 million, or $0.44 per diluted share, in the prior year quarter.
- 3
Adjusted EBITDA for the third quarter of 2026 was $82.2 million, up from $65.1 million in the third quarter of 2025.
- 4
Gross profit increased by 15.0% to $284.3 million for the third quarter of 2026, with gross profit margins increasing approximately 84 basis points to 25.0%.
- 5
The company is raising its fiscal 2026 full-year financial guidance, projecting net sales in the range of $4.56 billion to $4.61 billion.
- 6
Organic sales increased by 10.3% versus the prior year quarter, driven by a 6.1% increase in organic case count in the specialty category.
Management Comments
Christopher Pappas
Revenue trends displayed typical seasonal cadence through the third quarter of 2026, building from the summer months into September with strong year-over-year growth. Our regional Chefs’ Warehouse teams delivered excellent execution across markets and product categories – driving strong growth in revenue and gross profit dollars; as well as continued progress increasing relevance with our customer base with solid year-over-year growth in unique item placements and unique customers. Our Middle East operations continue to operate effectively in a challenging environment. Revenue trends in recent weeks have been approximately 100% of prior-year, as food-away-from-home activity is supported by local residents and ex-patriots returning from the summer off-season. Momentum continued into October, and as we head into the busy holiday season, I would like to thank all our Chefs’ Warehouse teams, from sales, procurement and operations to all the supporting functions, for their dedication and commitment to delivering our diverse, high-quality product, and service, in partnership with our suppliers and customers and the communities we serve.
Informational and educational content only. Not investment advice.