Chefs’ Warehouse (CHEF) Set to Announce Earnings on Thursday
Chefs’ Warehouse (NASDAQ:CHEF) is scheduled to be posting its Q214 quarterly earnings results on Thursday, July 31st. Analysts expect Chefs’ Warehouse to post earnings of $0.21 per share and revenue of $205.87 million for the quarter. Chefs’ Warehouse has set its FY14 guidance at $0.63-0.73 EPS.Investors that are interested in participating in the company’s conference call can do so using this link.
Chefs’ Warehouse (NASDAQ:CHEF) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.08 EPS for the quarter, missing the Thomson Reuters 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 prior year, the company posted $0.14 earnings per share. The company’s quarterly revenue was up 34.3% on a year-over-year basis. On average, analysts expect Chefs’ Warehouse to post $0.67 EPS for the current fiscal year and $0.83 EPS for the next fiscal year.
Shares of Chefs’ Warehouse (NASDAQ:CHEF) traded down 0.41% during mid-day trading on Wednesday, hitting $17.09. 16,869 shares of the company’s stock traded hands. Chefs’ Warehouse has a 52-week low of $17.00 and a 52-week high of $29.99. The stock’s 50-day moving average is $18.95 and its 200-day moving average is $20.8. The company has a market cap of $428.0 million and a price-to-earnings ratio of 25.92.
A number of research firms have recently commented on CHEF. Analysts at BMO Capital Markets initiated coverage on shares of Chefs’ Warehouse in a research note on Monday, July 7th. They set a “market perform” rating and a $21.00 price target on the stock. On the ratings front, analysts at Zacks upgraded shares of Chefs’ Warehouse from an “underperform” rating to a “neutral” rating in a research note on Tuesday, May 27th. They now have a $18.70 price target on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Chefs’ Warehouse in a research note on Friday, May 2nd. They now have a $25.00 price target on the stock. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Chefs’ Warehouse has an average rating of “Hold” and a consensus price target of $23.34.
The Chefs’ Warehouse, Inc, formerly Chefs’ Warehouse Holdings, LLC, is a distributor of specialty food products in the United States.
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