The Chefs' Warehouse Inc. (CHEF) reported earnings for its first quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $10.28 million, or $0.25 per share. This compares with $1.93 million, or $0.05 per share, last year.
Excluding items, The Chefs' Warehouse Inc. reported adjusted earnings of $10.17 million or $0.25 per share for the period.
Analysts on average had expected the company to earn $0.19 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 8.7% to $950.74 million from $874.48 million last year.
The Chefs' Warehouse Inc. earnings at a glance (GAAP) :
-Earnings: $10.28 Mln. vs. $1.93 Mln. last year.
-EPS: $0.25 vs. $0.05 last year.
-Revenue: $950.74 Mln vs. $874.48 Mln last year.
-Guidance:
Full year revenue guidance: $3.96 - $4.04 Bln
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