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The Chefs' Warehouse Inc (DE:2CF)
NASDAQ:2CF

The Chefs' Warehouse (2CF) Price & Analysis

3 Followers

2CF Stock Chart & Stats

€81.50
€0.50(0.62%)
At close: 4:00 PM EDT
€81.50
€0.50(0.62%)

Bulls Say, Bears Say

Bulls Say
Revenue GrowthChefs’ Warehouse has shown durable, multi-year top-line growth and returned to sustained profitability, reflecting recurring demand from high-end foodservice customers. Frequent small-drop deliveries, broad specialty assortment and rising product penetration support predictable repeat revenue and long-term market share gains.
Margin Expansion & TargetsManagement has articulated explicit multi-year margin and scale targets and raised FY26 guidance, signaling a structured plan to improve pricing, procurement, route density and operational efficiency. Clear targets and guidance align investments and incentives, making margin improvement a durable strategic objective rather than a one-time gain.
Liquidity & DeleveragingImproved liquidity, recent ABL paydown and a net-debt/EBITDA ratio in the low-mid target band provide structural financial flexibility. Consistent FCF generation since 2024 gives the company durable capacity to fund modest capex, selective tuck-ins, or gradual buybacks while continuing deleveraging under reasonable downside scenarios.
Bears Say
Low Structural MarginsDespite recent margin gains, overall profitability remains thin, leaving limited buffer against input cost inflation, fuel/logistics spikes and seasonal demand swings. Low absolute margins increase the probability that adverse cost or volume shocks materially compress reported earnings and cash generation over the medium term.
Elevated Leverage & Cash ConversionLeverage has stayed meaningfully above conservative levels and free cash flow converts at materially less than net income, indicating earnings are not fully translating to liquidity. This dynamic limits strategic flexibility, raises refinancing and covenant sensitivity, and magnifies the impact of any earnings or margin setbacks.
Convertible Dilution RiskOutstanding 2028 convertible instruments create a structural overhang: expected dilution increases share count and can pressure reported EPS and per-share cash returns even as EBITDA grows. This reduces shareholder leverage on operational improvements and may limit near-term buyback or dividend flexibility.

The Chefs' Warehouse News

2CF FAQ

What was The Chefs' Warehouse Inc’s price range in the past 12 months?
The Chefs' Warehouse Inc lowest stock price was €46.20 and its highest was €87.50 in the past 12 months.
    What is The Chefs' Warehouse Inc’s market cap?
    The Chefs' Warehouse Inc’s market cap is €3.43B.
      When is The Chefs' Warehouse Inc’s upcoming earnings report date?
      The Chefs' Warehouse Inc’s upcoming earnings report date is Nov 04, 2026 which is in 97 days.
        How were The Chefs' Warehouse Inc’s earnings last quarter?
        The Chefs' Warehouse Inc released its earnings results on Jul 29, 2026. The company reported €0.685 earnings per share for the quarter, beating the consensus estimate of €0.518 by €0.167.
          Is The Chefs' Warehouse Inc overvalued?
          According to Wall Street analysts The Chefs' Warehouse Inc’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does The Chefs' Warehouse Inc pay dividends?
            The Chefs' Warehouse Inc does not currently pay dividends.
            What is The Chefs' Warehouse Inc’s EPS estimate?
            The Chefs' Warehouse Inc’s EPS estimate is 0.48.
              How many shares outstanding does The Chefs' Warehouse Inc have?
              The Chefs' Warehouse Inc has 40,777,630 shares outstanding.
                What happened to The Chefs' Warehouse Inc’s price movement after its last earnings report?
                The Chefs' Warehouse Inc reported an EPS of €0.685 in its last earnings report, beating expectations of €0.518. Following the earnings report the stock price went up 3.509%.
                  Which hedge fund is a major shareholder of The Chefs' Warehouse Inc?
                  Currently, no hedge funds are holding shares in DE:2CF
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    The Chefs' Warehouse Inc

                    The Chefs' Warehouse, Inc. (CHEF), operating through its various subsidiaries, focuses on supplying high-end and gourmet food products across both the United States and Canada. The company maintains an extensive catalog, featuring more than 50,000 distinct stock-keeping units. This vast selection encompasses a diverse array of specialty items, such as artisanal charcuterie, premium cheeses, unique oils and vinegars, truffles, caviar, exquisite chocolates, and various pastry essentials. Beyond these niche offerings, Chefs' Warehouse also provides "center-of-the-plate" proteins, including custom-cut beef, fresh seafood, and hormone-free poultry. Their inventory further extends to everyday kitchen staples like cooking oils, butter, eggs, milk, and flour. The company serves a broad spectrum of professional culinary clients, which includes independent restaurants with distinctive menus, fine dining establishments, country clubs, hotels, catering services, culinary schools, bakeries, patisseries, chocolatiers, cruise lines, casinos, and specialized food retailers. Certain "center-of-the-plate" items are also made available directly to individual consumers via dedicated mail and e-commerce channels. Founded in 1985, the firm's corporate headquarters are situated in Ridgefield, Connecticut.

                    The Chefs' Warehouse (2CF) Earnings & Revenues

                    2CF Company Deck

                    2CF Earnings Call

                    Q2 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call conveyed a strongly positive operational and financial trajectory: robust revenue growth (Q2 net sales +12.9% and organic +12.2%), meaningful margin and EBITDA expansion, raised full-year guidance, improved market penetration metrics and healthy liquidity/deleveraging. Key challenges include regional Middle East disruption, inflation and rising operating costs, convertible note dilution risk and a selective M&A backdrop. On balance, the positive growth, margin gains and cash-generation trends materially outweigh the headwinds.View all DE:2CF earnings summaries

                    2CF Stock 12 Month Forecast

                    Average Price Target

                    €94.11
                    ▲(15.47% Upside)
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9,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":52.5,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 11,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":53.5,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 5,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n        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