The Chefs Warehouse Company profile
About Chefs' Warehouse Inc
The Chefs’ Warehouse, Inc. is a distributor of specialty foods in the United States. The Company offers stock-keeping units (SKUs), ranging from specialty foods and ingredients to basic ingredients and staples and center-of-the-plate proteins. Its product category portfolio consists of Center-of-the-Plate, Dry Goods, Pastry, Cheese and Charcuterie, Dairy and Eggs, Oils and Vinegars and Kitchen Supplies. The Company operates through the foodservice distribution segment, which is concentrated primarily in the United States. The Company’s customer base consists of menu-driven independent restaurants, fine dining establishments, country clubs, hotels, caterers, culinary schools, bakeries, patisseries, chocolateries, cruise lines, casinos, specialty food stores, grocers and warehouse clubs.
Financial summary
BRIEF: For the fiscal year ended 24 December 2021, Chefs' Warehouse Inc revenues increased 57% to $1.75B. Net loss decreased 94% to $4.9M. Revenues reflect Center-of-the-Plate segment increase of 64% to $877.1M, Dry Goods segment increase of 59% to $238.8M. Lower net loss reflects Other operating expenses - Balancing increase from $13.5M to $27.2M (income), Interest Expense - Balancing value decrease of 16% to $17M (expense).
Equity composition
Common Stock $.01 Par, 7/11, 83,333,333 auth., 20,666,667 issd. Insider owns approx. 45.08%
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