The Chefs' Warehouse, Inc. released its preliminary financial outlook for fiscal year 2025, projecting net sales to be in the range of $3.94 billion and $4.04 billion. This guidance reflects the company's current business trends and expectations for the upcoming year.
The company anticipates gross profit for fiscal year 2025 to be between $951 million and $976 million. Adjusted EBITDA, a non-GAAP measure, is forecasted to be between $233 million and $246 million, indicating expected profitability.
The full-year diluted share count is projected to be between 46.3 million and 47.0 million shares, which includes approximately 6.5 million shares from the senior convertible notes due in 2028, expected to be dilutive. The company also announced plans to host an Investor Day on March 13, 2025, in New York City.
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