The Chefs' Warehouse Inc. (CHEF) announced a profit for its fourth quarter that increased from the same period last year and beat the Street estimates.
The company's bottom line totaled $25.21 million, or $0.55 per share. This compares with $17.35 million, or $0.38 per share, last year.
Excluding items, The Chefs' Warehouse Inc. reported adjusted earnings of $25.19 million or $0.55 per share for the period.
Analysts on average had expected the company to earn $0.51 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 8.7% to $1.033 billion from $950.47 million last year.
The Chefs' Warehouse Inc. earnings at a glance (GAAP) :
-Earnings: $25.21 Mln. vs. $17.35 Mln. last year.
-EPS: $0.55 vs. $0.38 last year.
-Revenue: $1.033 Bln vs. $950.47 Mln last year.
For comments and feedback: editorial@rttnews.com