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Stock Market & Financial Investment News

News Breaks
January 2, 2013
08:38 EDTCHEFChef's Warehouse aacquires Queensgate Foodservice for $22M
The Chefs' Warehouse announced that it has acquired substantially all the assets of Queensgate Foodservice, located in Cincinnati, OH. Queensgate Foodservice is expected to generate approximately $40M in revenue in 2012. The total purchase price for the business was approximately $22M at closing and was funded with borrowings under the company's existing revolving credit facility. The purchase price is also subject to an adjustment of up to $2.4M based on the achievement of certain earnings targets in 2013 and 2014. The acquired business is expected to contribute to the company's earnings in the latter half of 2013 once the business is fully integrated. The company expects to issue financial guidance for the full year 2013 when fourth quarter and FY12 results are reported in early 2013.
News For CHEF From The Last 14 Days
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March 5, 2015
16:07 EDTCHEFChefs' Warehouse sees 2015 modified EPS 70c-80c, consensus 75c
Sees 2015 revenue $1.0B-$1.1B, consensus $1.03B.
16:06 EDTCHEFChefs' Warehouse reports Q4 modified EPS 20c, consensus 9c
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February 25, 2015
07:38 EDTCHEFChefs' Warehouse sees negotiating final assessment with tax authorities in 2015
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07:37 EDTCHEFChefs' Warehouse backs FY15 pro forma EPS view 70c-80c, consensus 75c
The company reiterates its FY15 guidance for revenue $1.0B-$1.1B, consensus $1.06B.
07:36 EDTCHEFChefs' Warehouse reports Q4 pro forma EPS 20c, consensus 22c
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