Chefs' Warehouse (CHEF) Reports In-Line Q1 EPS

Chefs' Warehouse (NASDAQ: CHEF) reported Q1 EPS of $0.08, in-line with the analyst estimate of $0.08. Revenue for the quarter came in at $198.9 million versus the consensus estimate of $209 million.

"2015 is off to a good start with organic growth of nearly 6% in the first quarter. We also experienced case growth of over 5% and unique customer and placement growth in the high single to low double digits," said Chris Pappas, chairman and chief executive officer of The Chefs' Warehouse, Inc. "We are also thrilled to have closed on the acquisition of Del Monte Meat Company subsequent to quarter end, which significantly strengthens our protein category, as well as our presence in the northern California market. During the remainder of 2015 we will focus on our integration of Del Monte, continue improving the performance of our Allen Brothers subsidiary, and begin distribution from our new Bronx, Chicago, Las Vegas and San Francisco facilities. We are very excited about the long-term potential growth that all these initiatives will deliver."

For earnings history and earnings-related data on Chefs' Warehouse (CHEF) click here.

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