Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Another solid earnings, with continued growth!
Would like to see it break into the $40s, and stay awhile, forming a new channel.
In time..
The Chefs’ Warehouse announces Category and Regional Expansion with the acquisition of Hardie’s Fresh Foods and Greenleaf Produce & Specialty Foods
https://ih.advfn.com/stock-market/NASDAQ/chefs-warehouse-CHEF/stock-news/90916787/the-chefs-warehouse-announces-category-and-regio
Automatic shelf registration statement of securities of well-known seasoned issuers
https://www.conferencecalltranscripts.org/summary/?id=12009980
The Chefs' Warehouse
(NASDAQ:CHEF): Q4 Non-GAAP EPS of $0.48 beats by $0.01.
Revenue of $791.3M (+41.7% Y/Y) beats by $55.04M.
*Net sales increased 36.7% to $661.9 million for the third quarter of 2022 from $484.3 million for the third quarter of 2021.
*GAAP net income was $8.3 million, or $0.21 per diluted share, for the third quarter of 2022 compared to $3.5 million, or $0.09 per diluted share, in the third quarter of 2021.
*Adjusted net income per share1 was $0.41 for the third quarter of 2022 compared to $0.12 for the third quarter of 2021.
*Adjusted EBITDA1 was $41.0 million for the third quarter of 2022 compared to $23.4 million for the third quarter of 2021.
*Net sales increased 53.2% to $648.1 million for the second quarter of 2022 from $423.0 million for the second quarter of 2021.
*GAAP net income was $16.9 million, or $0.42 per diluted share, for the second quarter of 2022 compared to $1.1 million, or $0.03 per diluted share, in the second quarter of 2021.
*Adjusted net income per share1 was $0.51 for the second quarter of 2022 compared to $0.04 for the second quarter of 2021.
*Adjusted EBITDA1 was $45.3 million for the second quarter of 2022 compared to of $17.2 million for the second quarter of 2021.
I should have unloaded here. This could easily fall back to $20s from here. Might revisit if it does. Buyers dry up fast at highs. Who wants to buys highs, with a couple dollars of upside?
Yeah, kick myself too.... sold half to get some vaca money.. That's gone and now Chef is pushing $40. pps
$CHEF
Should have never sold $CHEF. This is a gem you lock up, and hold for years. Ugh...
This could be $80 in a couple years.
They are smart. Might just park a bunch here while this market eats pain. Dip for me!!! Or make me grab $37s!
Idc. This is a safe play during this downturn.
They just keep growing.
The new purchase.
https://www.capitalseaboard.com/
Go $CHEF.... been holding this since Mar 20 and just opened my IRA ... DAMMMMM its looking good.,
$CHEF looking strong!
$CHEF, $COOP, $IRNT
Wolfe Research Starts The Chefs' Warehouse, Inc (CHEF) at Outperform
https://www.streetinsider.com/dr/news.php?id=19003171&gfv=1
I really like Mr.Pappas, and Mr.Leddy. They are impressive minds with a passion. The kind of people that have generations smiling down on them.
Np doubt many other Chefs Warehouse players deserve golf claps.
Good job, Chefs Warehouse employees! You people are smart, hard working, really good people! I'm very impressed with this company and it's people
8-12-2021 Moodys-changes-Chefs-Warehouse-outlook-to-stable
https://m.moodys.com/research-preview/Moodys-changes-Chefs-Warehouse-outlook-to-stable--PR_452324?orgid=825087301
The Chefs' Warehouse, Inc. (NASDAQ:CHEF), a premier distributor of specialty food products in North America, today announced that it has acquired substantially all of the assets of M.F. Foley Company Inc., based in New Bedford, Massachusetts. For over 100 years, and four generations, Foley Fish has been a staple purveyor of the finest seafood products to restaurants across the country.
“We are thrilled to welcome Foley Fish into the Chefs’ Warehouse family of companies,” said Christopher Pappas, Chairman and Chief Executive Officer of The Chefs' Warehouse, Inc. “Foley’s uncompromising dedication to quality aligns perfectly with our focus of supplying the world’s best ingredients to North America’s top chefs and will become a centerpiece of our strategy to grow the seafood category nationally.”
Since inception in 1985, The Chefs’ Warehouse has been purveying high-quality, luxury, artisan, local and specialty products for the nation’s top restaurants. Founded in New York, the Northeast is the Company’s largest market in North America.
“We couldn’t hope for a better home for our valued employees, customers and vendors that have supported us over so many years,” said Laura Foley Ramsden, fourth generation owner of Foley Fish. “The Chefs’ Warehouse focus on quality and service will preserve the essence of what makes Foley an exceptional company, while leveraging technology and infrastructure to ensure our continued growth.”
https://ih.advfn.com/stock-market/NASDAQ/chefs-warehouse-CHEF/stock-news/84911814/the-chefs-warehouse-acquires-foley-fish
The Chefs' Warehouse, Inc. (NASDAQ:CHEF) saw some unusual options trading activity on Wednesday. Stock investors bought 2,219 call options on the stock. This represents an increase of 1,399% compared to the typical daily volume of 148 call options.
https://www.marketbeat.com/instant-alerts/nasdaq-chef-options-data-report-2021-04-2-3/
The Chefs' Warehouse (NASDAQ:CHEF) had its price target raised by stock analysts at BTIG Research from $36.00 to $40.00
https://www.marketbeat.com/instant-alerts/nasdaq-chef-a-buy-or-sell-right-now-2021-04-2-3/
https://www.cnbc.com/2021/04/11/wall-street-analysts-like-stocks-like-tesla-the-chefs-warehouse.html
$CHEF
23M LOW Float.
$38 Current Price Target.
$44 Pre COVID Price Target.
Lake Street starts off coverage of Chefs Warehouse with buy rating and price target of $38.
https://seekingalpha.com/news/3679163-chefs-warehouse-called-a-compelling-reopening-play
RSI approaching oversold at around 29-30 pps, 30 RSI. Hold tight!
Last time RSI hit this was around 19 pps!
Eat! We always eat! We eat very good with $CHEF!
Debt to asset, and liquidity still looking ok here, even after a year of China flu.
When life opens fully in a couple months... This could really run hard, even from $35-$40.
Market is about to see unheard of injection of capital. This, on top of healthy numbers that shrugged China flu, and this could get pretty crazy!
The market will most likely spike incredibly hard to the upside, and bring new highs all over.
2021 will be the ying to 2020s yang!
Smart money is getting in hard NOW before the checks fly, and buy and hold money floods the market.
Small float will make this explosive!
Could see spikes to $70+ here.
Supply chain is everything, as 2020 proved the importance.
Food. Housing.
Blackrock bought more $CHEF, now owns roughly 15%.
https://ih.advfn.com/stock-market/NASDAQ/chefs-warehouse-CHEF/stock-news/84163504/statement-of-ownership-sc-13g
https://www.nasdaq.com/market-activity/stocks/chef/institutional-holdings
Looking good here$$$$$ hold for the long term!!!!
Cheers.....happy new yr
Great find my friend. Thanks
Trump rejected the "COVID" relief. He speaks on restaurants needing more. A good listen.
Trump speech starts around 2 minutes in.
Looks like the business meal tax break is included in the new stimulus deal, and will last two years. This is a huge incentive that will help restaurants greatly.
Loving how the chart moves !!!!!!!slow and steady $$$$$
Yes sir, we’ve both been here through the highs and lows$$$$$
Still have solid core position... Tucked this away back in March/April and left it.
Cheers
I’m still holding my friend!!!!!!! Hope you are too$$$$$$$$$ still a long my friend. Slow and steady
MAN.. remember those days of $8 and $10 pps
$CHEF
Agreed my friend, happy thanksgiving and GLTU as well
Well done! This bronco has shook many after huge gains from under $10. I feel like $CHEF could hit around $50 with some healthy people, doing healthy things, and a bit of momo.
Gltu
Still holding strong..... plenty of room to grow $$$$$$$$$
National securities Corp maintains a buy, with a $30.00 price target.
https://www.smarteranalyst.com/new-blurbs/national-securities-corp-sticks-to-its-buy-rating-for-the-chefs-warehouse-chef-3/
Legion Partners Asset Management has sold out its position in CHEF.
https://www.gurufocus.com/news/1293681/legion-partners-asset-management-llc-buys-colony-capital-inc-kohls-corp-sells-boingo-wireless-inc-primo-water-corp-the-chefs-warehouse-inc