Chefs' Warehouse Sees FY24 Revenue Of $3.640B - $3.785B Vs. $3.72B Est.
Portfolio Pulse from Benzinga Newsdesk
Chefs' Warehouse projects its FY24 revenue to be between $3.640 billion and $3.785 billion, compared to the estimated $3.72 billion.
May 01, 2024 | 11:07 am
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Chefs' Warehouse anticipates FY24 revenue to exceed the current $3.72 billion estimate, projecting a range of $3.640 billion to $3.785 billion.
Chefs' Warehouse's projection of FY24 revenue exceeding analyst estimates suggests positive growth and operational efficiency. This optimistic outlook is likely to instill confidence in investors, potentially leading to a short-term uptick in CHEF's stock price as the market reacts to the favorable revenue forecast.
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