The Chefs' Warehouse Sees FY24 Revenue Of $3.710B-$3.775B (Prior $3.665B - $3.785B) Vs. $3.77B Est.
Portfolio Pulse from Benzinga Newsdesk
The Chefs' Warehouse has updated its fiscal year 2024 revenue guidance to a range of $3.710 billion to $3.775 billion, slightly adjusting from the previous range. The company also provided guidance for gross profit and adjusted EBITDA.
October 30, 2024 | 11:12 am
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The Chefs' Warehouse has slightly adjusted its FY24 revenue guidance to $3.710B-$3.775B, with gross profit expected between $890M-$906M and adjusted EBITDA between $210M-$219M.
The updated revenue guidance is slightly adjusted from the previous range, indicating a stable outlook. The provided gross profit and adjusted EBITDA guidance offer additional insights into the company's expected financial performance. The impact on the stock price is likely neutral as the changes are minor and within the expected range.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100