Chefs' Warehouse (CHEF) Misses Q1 EPS by 3c

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Jefferies Reiterates Buy on Chefs' Warehouse (CHEF) Following 1Q Miss

May 4, 2016 8:38 AM EDT

Jefferies maintained a Buy rating and $20.00 price target on The Chefs' Warehouse, Inc (NASDAQ: CHEF) following the company's 1Q earnings report. Adjusted EPS came in at $0.05, missing the consensus estimates of $0.08. Management adjusted EPS goals down to $0.77-$0.83 compared to the consensus estimates of $0.85.... More