Chefs' Warehouse (CHEF) Misses Q3 EPS by 2c, Offers Guidance

Chefs' Warehouse (NASDAQ: CHEF) reported Q3 EPS of $0.15, $0.02 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $208.1 million versus the consensus estimate of $203.6 million.

2014 Guidance

The Company is updating its financial guidance for 2014 to be as follows:

Revenue between $825.0 million and $835.0 million.
Adjusted EBITDA between $43.7 million and $46.3 million.
Net income between $14.3 million and $15.5 million.
Net income per diluted share between $0.57 and $0.62.
Modified pro forma net income per diluted share between $0.60 and $0.65.

(Consensus calls for FY EPS of $0.65 on revenue of $835.38 million.)

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

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