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Investing.com - The Chefs’ Warehouse, Inc (NASDAQ:CHEF) reported third-quarter 2025 results on October 29, exceeding analyst expectations on both revenue and earnings metrics. The specialty food distributor, with a market capitalization of $2.54 billion, has delivered a strong 26.42% return year-to-date according to InvestingPro data.
The specialty food distributor posted revenue of $1.02 billion, representing a 10% year-over-year increase and surpassing the consensus estimate of $986 million. The company’s growth was driven by organic case growth of 3.2%, unique customer growth of 2.6%, and placement growth of 5.3%.
Gross margin reached 24.2%, which was 20 basis points above expectations. The company attributed the margin improvement to its ongoing strategy of exiting lower-margin product lines in the Hardies business, which was acquired in fiscal year 2023. This aligns with the company’s "GREAT" overall financial health score of 3.2 as measured by InvestingPro.
Adjusted earnings per share came in at $0.50, exceeding the consensus estimate of $0.42, while adjusted EBITDA of $65.1 million also beat the expected $60.8 million.
Benchmark maintained its Buy rating on The Chefs’ Warehouse with a price target of $79.00, noting that business momentum is building as the company approaches the holiday season.
In other recent news, The Chefs’ Warehouse reported impressive financial results for the third quarter of 2025. The company achieved an earnings per share (EPS) of $0.50, surpassing the projected $0.42 by 19.05%. Additionally, revenue reached $1.021 billion, exceeding the anticipated $986.36 million. These results highlight the company’s strong performance and ability to outperform market expectations. Following this, Morgan Stanley adjusted its price target for The Chefs’ Warehouse to $76 from $75, maintaining an Overweight rating. The firm noted that such "beat and raise" performances have become a consistent trend for the company. Investors may find these developments noteworthy as they reflect the company’s ongoing growth and market position.
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