The Chefs' Warehouse, Inc. (NASDAQ:CHEF) is reporting third quarter financial results on Wednesday 28th October 2020, before market open.
According to analysts surveyed by Thomson Reuters, CHEF is expected to report 3Q20 loss of $ 0.31 per share from revenue of $ 266.68 million.
For the full year, analysts anticipate top line of $ 1164.15 million, while looking forward to loss of $ 1.53 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 1,850.00 million ~ $ 1,910.00 million, where as bottomline are predicted in a range of $ 0.91 ~ $ 1.00 per share
Click Here For More Historical Outlooks Of The Chefs' Warehouse, Inc.
Previous Quarter Performance
The Chefs' Warehouse, Inc. revealed loss for the second quarter of $ 0.52 per share, from the revenue of $ 200.50 million. The quarterly revenues down 51.27 percent compared with the same quarter last year. Wall street analysts are predicting, CHEF to report 2Q20 loss of $ 0.48 per share from revenue of $ 213.71 million. The bottom line results missed street analysts by $ 0.04 or 8.33 percent, at the same time, top line results fell short of analysts by $ 13.21 million or 6.18 percent.
Stock Performance
Shares of The Chefs' Warehouse, Inc. traded up $ 0.03 or 0.19 percent on Tuesday, reaching $ 15.57 with volume of 763.40 thousand shares. The Chefs' Warehouse, Inc. has traded high as $ 15.85 and has cracked $ 14.86 on the downward trend
According to the previous trading day, closing price of $ 15.57, representing a 337.75 % increase from the 52 week low of $ 3.55 and a 61.47 % decrease over the 52 week high of $ 40.33.
The company has a market capital of $ 588.51 million and is part of the Consumer Defensive sector and Food Distribution industry.
Conference Call
The Chefs' Warehouse, Inc. will be hosting a conference call at 8:30 AM eastern time on 28th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.chefswarehouse.com
The Chefs Warehouse, Inc., together with its subsidiaries, distributes specialty food products in the United States and Canada. Its product portfolio includes approximately 55,000 stock-keeping units comprising specialty food products, such as artisan charcuterie, specialty cheeses, unique oils and vinegars, truffles, caviar, chocolate, and pastry products. The company also offers a line of center-of-the-plate products, including custom cut beef, seafood, and hormone-free poultry, as well as food products, such as cooking oils, butter, eggs, milk, and flour.
