Earnings Releases·Oct 28, 2026, 8:33 AM ET

The Chefs' Warehouse — Third Quarter 2026 Earnings Summary

Net sales rose 11.2% year-over-year to $1.14 billion, driven by 10.3% organic growth, while GAAP net income increased 55% to $29.6 million and adjusted EBITDA surged 26.3% to $82.2 million.
The company raised full-year fiscal 2026 guidance, projecting net sales of $4.56–$4.61 billion, gross profit of $1.130–$1.140 billion, and adjusted EBITDA of $317–$321 million.
Gross profit margins expanded 84 basis points to 25.0% as operating income grew to $51.5 million, supported by strong performance in specialty and center-of-the-plate categories.
Capital allocation included $10.0 million in common stock repurchases and $25.4 million in capital expenditures, while long-term debt decreased to $696.8 million and cash equivalents rose to $164.7 million.
Management highlighted continued momentum into the holiday season, with unique customer placements up 7.2% and stable revenue trends in Middle East operations despite challenging conditions.