-=Chefs' Warehouse (CHEF) reported earnings on Wed 9 Feb 22 (b/o)

 

Chefs' Warehouse beats by $0.07, beats on revs; guides FY22 revs in-line

• Reports Q4 (Dec) earnings of $0.26 per share, excluding non-recurring items, $0.07 better than the S&P Capital IQ Consensus of $0.19; revenues rose 98.2% year/year to $558.25 mln vs the $508.22 mln S&P Capital IQ Consensus.
• Co issues in-line guidance for FY22, sees FY22 revs of $2.1-2.2 bln vs. $2.14 bln S&P Capital IQ Consensus.
• Co added, "December sales and business activity grew steadily as holiday customer traffic drove sequential volume increases commensurate with pre-COVID periods, even with a reduction in larger corporate parties and events."