Chefs’ Warehouse: 2Q Earnings Snapshot
Posted July 29, 2020 7:25 am.
Last Updated July 29, 2020 7:38 am.
This article is more than 5 years old.
RIDGEFIELD, Conn. (AP) _ The Chefs’ Warehouse Inc. (CHEF) on Wednesday reported a second-quarter loss of $20.3 million, after reporting a profit in the same period a year earlier.
The Ridgefield, Connecticut-based company said it had a loss of 57 cents per share. Losses, adjusted for one-time gains and costs, were 52 cents per share.
The distributor of specialty food products posted revenue of $200.5 million in the period.
Chefs’ Warehouse shares have dropped 69% since the beginning of the year. The stock has fallen 67% in the last 12 months.
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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
The Associated Press
