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Chefs' Warehouse posts 4Q profit

RIDGEFIELD, Conn. (AP) _ The Chefs' Warehouse Inc. (CHEF) on Tuesday reported fourth-quarter earnings of $9.1 million.

The Ridgefield, Connecticut-based company said it had net income of 34 cents per share. Earnings, adjusted for non-recurring gains, came to 18 cents per share.

The distributor of specialty food products posted revenue of $342.9 million in the period.

For the year, the company reported profit of $3 million, or 12 cents per share. Revenue was reported as $1.19 billion.

Chefs' Warehouse expects full-year earnings in the range of 34 cents to 41 cents per share, with revenue in the range of $1.25 billion to $1.28 billion.

Chefs' Warehouse shares have risen roughly 1 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $15.90, a rise of slightly more than 2 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHEF at https://www.zacks.com/ap/CHEF


Keywords: Chefs' Warehouse, Earnings Report