$108.99

+2.66 (+2.50%)

Weekly Expected Move ±5.1%

$95 $100 $106 $111 $117

NASDAQ · Consumer Defensive · Food Distribution · Tech Score Sell · Power 46 · $4.4B mcap · 37M float · 1.69% daily turnover · Short 51% of daily vol

Credit Risk of going bust: lower than 68% of companies Debt: 17.6% of company value Bonds: $125.4M held by 40 funds → details ▾

Of US companies ranked in the safest four tenths, about 1 in 3,500 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $1.46 (down 99%), The Chefs' Warehouse, Inc. would be worth roughly what it owes.
Total debt $946.6M against a stock market value of $4.45B.
Distance to default 7.25 (Merton model): prices to 2026-10-27, balance sheet 2026-06-26, debt counted $377.8M (short-term plus half of long-term), stock volatility 37.7%; Altman Z 4.86. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.

Revenue Segmentation

By Product / Service

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$4.1B +9.4% ▲

5Y CAGR: +30.1%

Gross Profit

$1.0B +9.8% ▲

5Y CAGR: +32.3%

Operating Income

$153M +19.4% ▲

Net Income

$72M +30.4% ▲

EPS (Diluted)

$1.68 +27.3% ▲

EBITDA

$223M +15.6% ▲

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$1.7B	$2.6B	$3.4B	$3.8B	$4.1B
YoY Growth	+57.0%	+49.7%	+31.4%	+10.5%	+9.4%
Cost of Revenue	$1.4B	$2.0B	$2.6B	$2.9B	$3.1B
Gross Profit	$390M	$619M	$814M	$914M	$1.0B
Gross Margin	22.4%	23.7%	23.7%	24.1%	24.2%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$379M	$518M	$705M	$785M	$850M
Operating Expenses	$380M	$533M	$714M	$786M	$851M
Operating Income	$11M	$86M	$101M	$128M	$153M
Operating Margin	0.6%	3.3%	2.9%	3.4%	3.7%
Interest Expense	$18M	$44M	$45M	$49M	$42M
Income Before Tax	-$7M	$42M	$55M	$80M	$104M
Tax Expense	-$2M	$14M	$21M	$24M	$31M
Net Income	-$5M	$28M	$35M	$55M	$72M
Net Margin	-0.3%	1.1%	1.0%	1.5%	1.7%
EPS (Diluted)	$-0.13	$0.73	$0.88	$1.32	$1.68
EBITDA	$47M	$126M	$157M	$193M	$223M
Shares Outstanding	37M	39M	46M	46M	46M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$931M	$1.0B	$951M	$1.0B	$1.0B	$1.1B	$1.1B	$1.2B
Cost of Revenue	$707M	$783M	$725M	$781M	$774M	$866M	$802M	$876M
Gross Profit	$225M	$251M	$226M	$254M	$247M	$277M	$257M	$293M
Gross Margin	24.1%	24.3%	23.8%	24.6%	24.2%	24.2%	24.3%	25.1%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$193M	$207M	$203M	$214M	$208M	$225M	$224M	$234M
Operating Expenses	$193M	$205M	$203M	$214M	$208M	$225M	$224M	$234M
Operating Income	$32M	$46M	$23M	$40M	$39M	$51M	$33M	$59M
Operating Margin	3.4%	4.5%	2.4%	3.9%	3.8%	4.5%	3.1%	5.0%
Interest Expense	$12M	$12M	$10M	$11M	$11M	$10M	$10M	$9M
Income Before Tax	$20M	$34M	$12M	$30M	$28M	$33M	$23M	$49M
Tax Expense	$6M	$11M	$2M	$8M	$9M	$11M	$5M	$15M
Net Income	$14M	$24M	$10M	$21M	$19M	$22M	$17M	$34M
Net Margin	1.5%	2.3%	1.1%	2.1%	1.9%	1.9%	1.6%	2.9%
EPS (Diluted)	$0.34	$0.55	$0.25	$0.49	$0.44	$0.50	$0.40	$0.76
EBITDA	$48M	$64M	$41M	$59M	$59M	$64M	$229M	$80M
Shares Outstanding	46M	46M	46M	46M	46M	46M	46M	46M

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