Chefs' Warehouse (CHEF) Misses Q1 EPS by 45c
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The Chefs’ Warehouse Reports First Quarter 2020 Financial Results
May 6, 2020 4:05 PM EDTRIDGEFIELD, Conn., May 06, 2020 (GLOBE NEWSWIRE) -- The Chefs Warehouse, Inc. (NASDAQ: CHEF) (the Company), a premier distributor of specialty food products in the United States and Canada, today reported financial results for its first quarter ended March 27, 2020.
Financial highlights for the first quarter of 2020 compared to the first quarter of 2019:
Net sales increased 5.2% to $375.4 million for the first quarter of 2020 from $357.0 million for the first quarter of 2019.GAAP net loss was $14.1 million, or $(0.48) per diluted share, for the first quarter of 2020 compared to net income of $1.1... More