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The Chefs' Warehouse, Inc. (CHEF)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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30.94-0.42 (-1.34%)
At close: 4:00PM EDT

30.94 0.00 (0.00%)
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  • R
    Rabia
  • N
    Nicholas
    What do you guys think of the capital raise? Bit of dilution here for existing shareholders but now seems like it might be a good time for stronger companies like CHEF to have the capital to possibly scoop up discounted regional distribution opportunities and pay down burdensome debt...

    https://seekingalpha.com/news/3573029-chefs-warehouse-discloses-public-offering
    Chefs' Warehouse (NASDAQ:CHEF) announces that Jefferies has agreed to purchase $75M worth of shares to be re-offered out by the firm.In addition, CHEF has granted Jefferies an option to purchase up t
    Chefs' Warehouse (NASDAQ:CHEF) announces that Jefferies has agreed to purchase $75M worth of shares to be re-offered out by the firm.In addition, CHEF has granted Jefferies an option to purchase up t
    seekingalpha.com
    Bullish
  • C
    Connor
    Financial highlights for the first quarter of 2020 compared to the first quarter of 2019:


    Net sales increased 5.2% to $375.4 million for the first quarter of 2020 from $357.0 million for the first quarter of 2019.

    GAAP net loss was $14.1 million, or $(0.48) per diluted share, for the first quarter of 2020 compared to net income of $1.1 million, or $0.04 per diluted share, in the first quarter of 2019.

    Adjusted EPS1 was $(0.60) for the first quarter of 2020 compared to $0.05 for the first quarter of 2019.

    Adjusted EBITDA1 was $(13.8) million for the first quarter of 2020 compared to $13.2 million for the first quarter of 2019.

    The Company had approximately $200.0 million of cash on the balance sheet and $33.4 million of availability on its asset-based loan facility as of April 30, 2020.
  • n
    nick
    I’m looking for a little advice from the people that have been following a while.
    I have done some homework and took a look at the balance sheet and seems this company will be able to keep their head above water during the pandemic. My concern is the entry point. I holding a few shares around $11.80 but I’m curious as to what the community sentiment is? I think it will be up big once we beat this pandemic. But how much lower do you think it could go, especially if quarantine gets extended?
  • J
    John
    Congrats to all who bought early! Today was a solid day.
    Bullish
  • S
    Steve
    I actually appreciate this quiet chat room, mostly devoid of touters, day traders and bombast.

    Hopeful that some of Chef’s new cash, albeit dilutive and not just a little bit, (19%) will be used sharkishly, and not just as a net.

    There must be accretive and newly available businesses, (read cheap/desperate), in Chef’s ecosphere that boost distribution, or allow entree into a new specialty category altogether. ThIs crisis is an opportunity for the strategist with cash.

    Maybe that 19% increase to share count will pay long term dividends.
    Bullish
  • n
    nick
    Completely misread my last play! I made a little $, in comparison to current price, but I sold off majority around $15.50. This stock is so volatile and with that said, what is everyone thoughts on a new entry point?
    I have 100 shares at $12.50 and am willing to dilute but I want get an idea of where sentiment is going.
    GL ALL!
  • T
    T. Jacks
    I’m holding on an avg of 18.4 since June. I have strong faith in this company.
    Bullish
  • H
    Harry
    I never knew or follow this company but revenue growth looks good ..
    Ur thought ?
    Thanks
  • T
    T. Jacks
    Personally feels that Chefs warehouse & Us Foods are good Long holds with good financial reports.
    Bullish
  • J
    John
    A MESSAGE FROM
    THE CHEFS’ WAREHOUSE
    In our 35 years of servicing the world’s greatest Chefs, we’ve certainly seen a lot. We’ve watched as classic restaurants turn into outright legacies, we’ve seen young culinary minds shape the way we think about food. We’ve listened to Chefs tell their stories, and we’ve watched as consumers became more curious about the quality of ingredients. We’ve seen new trends in dining and, perhaps most importantly, we’re more connected than ever before.
    Our industry, at its heart, is about community. In times of happiness and success, and in more trying times like today, we are committed to being partners with you. We are a culinary family, and we will be with you every step of the way to ensure we get through this, and we do so stronger than ever.
    We will be diligent about finding creative solutions to support you in the coming weeks and months. Shortly, we will be introducing a digital campaign to drive awareness about pick-up and delivery services available to consumers. As consumer behaviors change, we want to change with them to help drive more business to your restaurant. If you are implementing new ways to continue to serve your community, please let us know. We will help spread your message.
    This isn’t the first storm we’ve weathered together, and, inevitably, it won’t be our last. We survived 9/11, the great reces- sion, natural disasters, you name it. We’ve withstood it all, and this will be no different. Together, we will emerge from this stronger than ever before.
    We are here for you, Chef.
    Chris Pappas,
    Founder & CEO
    Bullish
  • A
    Alan
    I'm just going to add this here. Sales are absolutely going to be down. Sysco is down. US Foods is down. Performance Food group is down. They will continue to be down until things start getting back to 'normal'. Things are nowhere near normal. I'm only saying this because I'm a purchaser for a hotel. I have used every one of these vendors I listed, currently using Sysco and Performance. I'm ordering about 1/4 of what I would weekly. Factor in restaurants that are closing/only able to seat 50% capacity... this doesn't look pretty. This stock is where it should be right now.

    Long run... this is an absolute steal. Just like the other stocks. They will rise again. This is a long term investment, not a hit it and quit it. Good luck to everyone.
    Neutral
  • s
    sinned
    once restaurants fully open ... this will sky rocket ... be patient
  • C
    Connor
    I cant believe this is so low. When casinos and cruise lines open in a Month they will still need food for guests. This demand is not going away. They even cater to small businesses as well. It might be slightly lower when it jumps back up but even then, it will recover within a year.

    This is potentially 10x profits! 1000% Gain in a year! Load up while you can, this is on sale.
    Bullish
  • C
    Connor
    Im in, 13.2
  • J
    John Mizner
    Anyone think it goes back down for a while? Or is this the bottom?
  • J
    Jacob
    A strong bottoming pattern still in tact and still in play here. Buy now before you regret.

    Target $18 to $20.
    Bullish
  • n
    nick
    So to follow the current retail stream. CHEF IS SHORT BY 15% and they actually make a profit. Call me autistic but I LIKE THE STOCK AND THE TENDIES
    Bullish
  • B
    Big T
    Im buying, are you kidding me. It was 24 like ten day ago. Get some good market news and I think this will increase considerably.
    Bullish