(Updates to include the stock movement in the headline and the first paragraph.)
Chefs' Warehouse (CHEF) shares advanced more than 10% in recent Wednesday trading after the company reported higher non-GAAP earnings and revenue for fiscal Q2 and boosted its net sales guidance for fiscal 2025.
The company reported fiscal Q2 non-GAAP earnings Wednesday of $0.52 per diluted share, up from $0.40 a year earlier.
Analysts polled by FactSet expected $0.46.
Revenue for the quarter ended June 27 was $1.03 billion, up from $954.7 million a year earlier.
Analysts surveyed by FactSet expected $1.01 billion.
The company raised its fiscal 2025 net sales guidance to between $4 billion and $4.06 billion from $3.94 billion to $4.04 billion. Analysts surveyed by FactSet expect $4.04 billion.
Price: 67.98, Change: +6.42, Percent Change: +10.43
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