Chefs' Warehouse (CHEF) surged 9.66% intraday on Thursday, driven by optimistic fiscal 2026 guidance and a renewed analyst buy rating.
The company's preliminary guidance projects net sales of US$4.35b to US$4.45b and net income of US$88m to US$92m, signaling strong growth prospects. Analysts highlighted the stock's undervaluation, with a fair value estimate of US$76.13 compared to its current price of US$60.26. Operational improvements, including digital ordering advancements and inventory optimization, are also contributing to margin efficiency and scalability.