Chefs' Warehouse (CHEF) Misses Q1 EPS by 8c

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The Chefs’ Warehouse Reports First Quarter 2021 Financial Results

April 28, 2021 7:00 AM EDT

RIDGEFIELD, Conn., April 28, 2021 (GLOBE NEWSWIRE) -- The Chefs Warehouse, Inc. (NASDAQ: CHEF) (the Company or Chefs), a premier distributor of specialty food products in the United States and Canada, today reported financial results for its first quarter ended March 26, 2021.

Financial highlights for the first quarter of 2021:

Net sales decreased 25.4% to $280.2 million for the first quarter of 2021 from $375.4 million for the first quarter of 2020.GAAP net loss was $17.9 million, or $(0.49) per diluted share, for the first quarter of 2021... More