Chef's Warehouse Reports Strong Q3 2026 Results and Raises Full-Year Guidance
Chef's Warehouse (CHEF) reported robust third-quarter 2026 financial results, highlighted by an 11.2% increase in net sales to $1.14 billion. The growth was primarily driven by a 10.3% organic increase and improved gross margins, which rose to 25.0% due to favorable product mix and procurement scale. Adjusted EBITDA climbed significantly to $82.2 million from $65.1 million in the prior year period. Reflecting strong momentum, management raised its full-year 2026 revenue guidance to a range of $4.56 billion to $4.61 billion and increased its adjusted EBITDA outlook. The company is also on track to reach its 7% margin target two years ahead of schedule. Despite headwinds from rising fuel costs and geopolitical tensions in the Middle East affecting customer growth, the company successfully executed a strategic refinancing to manage long-term debt maturities.
Tickers: $CHEF
Topics: Adjusted EBITDA GAAP Net Income Gross Profit Margin Net Sales Organic Growth