Guidance Boosted
Chefs' Warehouse Posts Strong Q2 2026 Earnings, Raises Full-Year Sales Guidance
Anonymous
Key Points
1
In Q2, Chefs’ Warehouse posted 12.9% year-over-year revenue growth to about $1.169 billion and adjusted EBITDA up 35% to $88.1 million, with gross margin expanding 49 basis points to 25.1%.
2
For the first six months of 2026, the company reported sales of about $2.228 billion and net income of $51.13 million, with diluted EPS from continuing operations at $1.16 and basic EPS at $1.32.
3
The Middle East business held up at roughly 94% of the prior-year level during May and June, signaling regional strength but with ongoing risks from tourism volatility and higher logistics costs.
4
Chefs’ Warehouse catalogs more than 90,000 SKUs and serves over 55,000 core customer locations across 23 geographic markets, including the United States, the Middle East and Canada.
5
Investors were reminded of notable stock-market momentum, with Chefs’ Warehouse shares up about 60.7% year-to-date, underscoring strong market reception to the quarterly results.
Chefs' Warehouse posted a strong second quarter, with revenue jumping 12.9% year over year to $1.169 billion and adjusted EBITDA surging 35% to $88.1 million, according to Yahoo Finance. Earnings per share came in at $0.78, beating analyst expectations, while gross margin expanded 49 basis points to 25.1%.
On the strength of those results, management raised its full-year 2026 guidance to roughly $4.5–$4.6 billion in sales and about $1.1 billion in gross profit, per Watchlist News. Shares are up about 60.7% year-to-date, reflecting strong investor confidence in the specialty food distributor.
Revenue and Profit Beat Street Estimates in Q2
Net sales rose from roughly $1.03 billion a year ago to $1.169 billion in Q2 2026, according to Yahoo Finance. Adjusted EBITDA climbed from $65.4 million to $88.1 million over the same period. Gross margin hit 25.1%, up nearly half a percentage point year over year.
For the first six months of 2026, the company reported total sales of about $2.228 billion and net income of $51.13 million, per Market Screener. Diluted earnings per share from continuing operations reached $1.16, while basic EPS came in at $1.32, reinforcing a solid near-term earnings trend.
Management Lifts Full-Year Outlook and Eyes 2030 Targets
Chefs' Warehouse raised its full-year 2026 revenue guidance to $4.5–$4.6 billion, with gross profit expected to reach roughly $1.1 billion. The company cited continued gains in product penetration, case volume and customer counts, according to Watchlist News.
Looking further out, management reiterated long-term targets of $6–$6.5 billion in revenue and $450–$520 million in adjusted EBITDA by 2030. Executives said those goals rest on market-share gains and operating leverage. Investments in AI, sales talent and distribution capacity are expected to help — but benefits will build slowly, not overnight.
Middle East Operations Hold Steady Amid Regional Risks
The company's Middle East business ran at roughly 94% of prior-year levels during May and June, signaling resilience in that region, per Yahoo Finance. That is a meaningful improvement versus a year ago, when results were weaker.
Still, risks remain. Higher logistics costs, tourism volatility and a competitive M&A environment could weigh on results. Fuel costs are also elevated. Management flagged these as ongoing headwinds to watch across its 23 geographic markets.
Scale and SKU Depth Fuel Market-Share Gains
Chefs' Warehouse serves more than 55,000 core customer locations and carries over 90,000 SKUs — product codes covering specialty ingredients from truffles to premium proteins, according to Watchlist News. That depth gives the company a strong edge in winning and keeping restaurant and hospitality clients.
The company operates across the United States, Canada and the Middle East. Return on equity stood at 15.54% and net margin remained positive, per Watchlist News. With shares up more than 60% this year, investors appear to believe the growth story still has room to run.
Sentiment
Mostly PositiveNEGATIVENEUTRALPOSITIVE
Publishers
12
Articles
27
Reach
39
A
AnonymousAuthor
