RIDGEFIELD, Conn. (AP) — RIDGEFIELD, Conn. (AP) — The Chefs’ Warehouse Inc. (CHEF) on Wednesday reported fourth-quarter earnings of $1.2 million.
The Ridgefield, Connecticut-based company said it had net income of 3 cents per share. Earnings, adjusted for non-recurring costs, came to 48 cents per share.
The distributor of specialty food products posted revenue of $791.3 million in the period.
For the year, the company reported net income of $27.8 million, or 73 cents per share, swinging to a profit in the period. Revenue was reported as $2.61 billion.
Chefs’ Warehouse expects full-year revenue in the range of $2.85 billion to $2.95 billion.
Chefs’ Warehouse shares have climbed 13% since the beginning of the year. The stock has increased 13% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHEF at https://www.zacks.com/ap/CHEF
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
