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Chefs’ Warehouse Inc. (NASDAQ:CHEF) updated its FY14 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $0.63-0.73 for the period, compared to the Thomson Reuters consensus estimate of $0.76, AR Network reports. The company issued revenue guidance of $810-840 million, compared to the consensus revenue estimate of $821.65 million.

A number of research firms have recently commented on CHEF. Analysts at TheStreet downgraded shares of Chefs’ Warehouse from a buy rating to a hold rating in a research note on Wednesday, March 19th. On a related note, analysts at Jefferies Group reiterated a buy rating on shares of Chefs’ Warehouse in a research note on Wednesday, March 5th. They now have a $26.00 price target on the stock, down previously from $28.00. Finally, analysts at Zacks downgraded shares of Chefs’ Warehouse from a neutral rating to an underperform rating in a research note on Tuesday, February 4th. They now have a $22.80 price target on the stock. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus price target of $25.20.

Shares of Chefs’ Warehouse Inc. (NASDAQ:CHEF) traded down 3.09% during mid-day trading on Thursday, hitting $19.47. 186,733 shares of the company’s stock traded hands. Chefs’ Warehouse Inc. has a one year low of $16.29 and a one year high of $29.99. The stock’s 50-day moving average is $20.65 and its 200-day moving average is $23.98. The company has a market cap of $487.7 million and a price-to-earnings ratio of 26.09.

Chefs’ Warehouse (NASDAQ:CHEF) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by $0.02. The company had revenue of $187.18 million for the quarter, compared to the consensus estimate of $178.30 million. During the same quarter in the previous year, the company posted $0.14 earnings per share. The company’s revenue for the quarter was up 34.3% on a year-over-year basis. Analysts expect that Chefs’ Warehouse Inc. will post $0.76 EPS for the current fiscal year.

The Chefs’ Warehouse, Inc, formerly Chefs’ Warehouse Holdings, LLC, is a distributor of specialty food products in the United States.

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