Chefs’ Warehouse reports Q2 adjusted EPS 40c, consensus 36c

Reports Q2 revenue $954.7M, consensus $943.7M. “Second quarter customer demand and pricing displayed typical seasonality as revenue and profitability continued to build as expected – moving from a solid first quarter into the seasonally stronger second quarter months. Our operating divisions across domestic and international markets delivered strong unique customer and item placement growth and managed pricing effectively while providing our customers with high-quality product and high-value service,” said Christopher Pappas, Chairman and Chief Executive of the Company. “We are extremely proud of all our teams, from sales, sourcing, pricing, operations and support functions, coming together to deliver value to our customers and leveraging our diverse and broad supply chain, value-add processing and culinary expertise to assist our customers with managing menu development as well as product and labor related costs.”