The Chefs' Warehouse Q4 Adj. EPS $0.47 Beats $0.42 Estimate, Sales $950.47M Beat $909.50M Estimate
Portfolio Pulse from Benzinga Newsdesk
The Chefs' Warehouse reported Q4 adjusted EPS of $0.47, surpassing the $0.42 estimate, and sales of $950.47M, exceeding the $909.50M estimate. This represents a slight decrease in EPS from last year but a significant increase in sales.
February 14, 2024 | 12:07 pm
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The Chefs' Warehouse reported a Q4 adjusted EPS of $0.47, beating estimates, and sales of $950.47M, also above expectations. Despite a slight EPS decrease from last year, sales grew significantly.
Beating both EPS and sales estimates typically leads to positive investor sentiment and can result in a short-term stock price increase. The slight decrease in EPS year-over-year is overshadowed by the significant sales growth, indicating strong business performance.
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