The Chefs' Warehouse raised its full-year 2026 guidance, now projecting net sales of $4.5 billion to $4.6 billion and adjusted EBITDA of $305 million to $315 million. The company also extended its long-term targets to 2030, aiming for annual revenue growth of 7% to 10% to reach $6 billion to $6.5 billion in revenue and adjusted EBITDA of $450 million to $520 million with margins of 7.5% to 8%. Second-quarter net sales rose 12.9% to $1.169 billion, with gross profit up 15.2% to $292.9 million and gross margin expanding 49 basis points to 25.1%. Management cited accelerating share gains and operating leverage from multi-year investments, while noting gradual improvement in Middle East operations now running at about 94% of prior-year levels. The company also reported GAAP net income of $33.8 million, or $0.76 per diluted share, and adjusted net income of $34.7 million, or $0.78 per diluted share.
The Chefs Warehouse IncCompany raised 2026 guidance and extended long-term targets, indicating strong financial outlook.