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Chefs' Warehouse Q2 Adjusted Net Income, Net Sales Increase; 2024 Outlook Revised
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Chefs' Warehouse Q2 Adjusted Net Income, Net Sales Increase; 2024 Outlook Revised
Jul 31, 2024 8:07 AM

10:22 AM EDT, 07/31/2024 (MT Newswires) -- Chefs' Warehouse ( CHEF ) reported fiscal Q2 adjusted net income Wednesday of $0.40 per diluted share, up from $0.35 a year earlier.

Analysts polled by Capital IQ expected $0.36.

Net sales for the quarter ended June 28 were $954.7 million, up from $881.8 million a year earlier.

Analysts surveyed by Capital IQ expected $945.3 million.

The company revised its fiscal 2024 net sales guidance to $3.67 billion and $3.79 billion from $3.64 billion to $3.79 billion. Analysts polled by Capital IQ are expecting $3.77 billion.

Chefs' Warehouse ( CHEF ) shares were down 2.5% in recent trading.

Price: 40.09, Change: -1.14, Percent Change: -2.76

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