Chefs' Warehouse Inc
NASDAQ:CHEF
Income Statement
Earnings Waterfall
Chefs' Warehouse Inc
Revenue
|
3.4B
USD
|
Cost of Revenue
|
-2.6B
USD
|
Gross Profit
|
814.5m
USD
|
Operating Expenses
|
-708.2m
USD
|
Operating Income
|
106.3m
USD
|
Other Expenses
|
-71.7m
USD
|
Net Income
|
34.6m
USD
|
Income Statement
Chefs' Warehouse Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
674
N/A
|
721
+7%
|
764
+6%
|
802
+5%
|
833
+4%
|
846
+2%
|
914
+8%
|
982
+7%
|
1 047
+7%
|
1 111
+6%
|
1 121
+1%
|
1 143
+2%
|
1 193
+4%
|
1 220
+2%
|
1 260
+3%
|
1 287
+2%
|
1 302
+1%
|
1 333
+2%
|
1 371
+3%
|
1 408
+3%
|
1 445
+3%
|
1 483
+3%
|
1 524
+3%
|
1 559
+2%
|
1 592
+2%
|
1 610
+1%
|
1 399
-13%
|
1 256
-10%
|
1 112
-12%
|
1 016
-9%
|
1 239
+22%
|
1 469
+19%
|
1 746
+19%
|
1 978
+13%
|
2 203
+11%
|
2 380
+8%
|
2 613
+10%
|
2 821
+8%
|
3 055
+8%
|
3 275
+7%
|
3 434
+5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(501)
|
(538)
|
(573)
|
(603)
|
(628)
|
(636)
|
(685)
|
(733)
|
(778)
|
(826)
|
(836)
|
(854)
|
(892)
|
(911)
|
(940)
|
(961)
|
(972)
|
(998)
|
(1 026)
|
(1 051)
|
(1 096)
|
(1 123)
|
(1 151)
|
(1 177)
|
(1 205)
|
(1 228)
|
(1 081)
|
(979)
|
(864)
|
(796)
|
(966)
|
(1 147)
|
(1 355)
|
(1 529)
|
(1 694)
|
(1 823)
|
(1 995)
|
(2 150)
|
(2 331)
|
(2 501)
|
(2 619)
|
|
Gross Profit |
173
N/A
|
183
+6%
|
192
+5%
|
199
+3%
|
205
+3%
|
210
+2%
|
229
+9%
|
249
+9%
|
269
+8%
|
285
+6%
|
285
+0%
|
289
+1%
|
301
+4%
|
309
+3%
|
320
+3%
|
327
+2%
|
329
+1%
|
335
+2%
|
346
+3%
|
357
+3%
|
349
-2%
|
360
+3%
|
373
+4%
|
383
+3%
|
387
+1%
|
382
-1%
|
319
-17%
|
277
-13%
|
248
-11%
|
221
-11%
|
273
+24%
|
323
+18%
|
391
+21%
|
449
+15%
|
509
+13%
|
557
+9%
|
619
+11%
|
671
+8%
|
723
+8%
|
773
+7%
|
814
+5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(136)
|
(149)
|
(160)
|
(167)
|
(172)
|
(177)
|
(196)
|
(212)
|
(228)
|
(242)
|
(241)
|
(249)
|
(254)
|
(264)
|
(274)
|
(278)
|
(288)
|
(291)
|
(299)
|
(310)
|
(300)
|
(310)
|
(323)
|
(333)
|
(336)
|
(355)
|
(332)
|
(314)
|
(335)
|
(327)
|
(348)
|
(375)
|
(379)
|
(410)
|
(448)
|
(483)
|
(529)
|
(575)
|
(628)
|
(675)
|
(708)
|
|
Selling, General & Administrative |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(298)
|
(7)
|
(13)
|
(20)
|
(357)
|
(459)
|
(521)
|
(590)
|
(348)
|
(307)
|
(329)
|
(352)
|
(406)
|
(409)
|
(443)
|
(474)
|
(550)
|
(564)
|
(619)
|
(668)
|
(745)
|
|
Other Operating Expenses |
(136)
|
(149)
|
(160)
|
(167)
|
(172)
|
(177)
|
(196)
|
(212)
|
(228)
|
(242)
|
(241)
|
(249)
|
(254)
|
(264)
|
(274)
|
(278)
|
(288)
|
(291)
|
(299)
|
(310)
|
(2)
|
(304)
|
(310)
|
(312)
|
21
|
105
|
188
|
277
|
14
|
(20)
|
(19)
|
(23)
|
27
|
(1)
|
(4)
|
(9)
|
21
|
(10)
|
(9)
|
(7)
|
37
|
|
Operating Income |
37
N/A
|
35
-6%
|
32
-7%
|
32
-1%
|
33
+4%
|
32
-2%
|
33
+2%
|
37
+12%
|
40
+9%
|
43
+6%
|
45
+4%
|
40
-10%
|
47
+18%
|
45
-5%
|
46
+2%
|
48
+5%
|
41
-15%
|
44
+6%
|
46
+6%
|
46
0%
|
49
+5%
|
49
+1%
|
50
+1%
|
50
+1%
|
51
+2%
|
27
-46%
|
(14)
N/A
|
(36)
-165%
|
(87)
-140%
|
(106)
-22%
|
(75)
+29%
|
(53)
+30%
|
12
N/A
|
39
+228%
|
62
+58%
|
74
+20%
|
90
+22%
|
96
+7%
|
95
-1%
|
98
+4%
|
106
+8%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(8)
|
(9)
|
(9)
|
(8)
|
(8)
|
(8)
|
(9)
|
(11)
|
(13)
|
(15)
|
(37)
|
(39)
|
(42)
|
(44)
|
(24)
|
(24)
|
(23)
|
(22)
|
(21)
|
(20)
|
(21)
|
(20)
|
(20)
|
(20)
|
(18)
|
(19)
|
(20)
|
(20)
|
(21)
|
(21)
|
(19)
|
(19)
|
(18)
|
(17)
|
(17)
|
(24)
|
(44)
|
(50)
|
(57)
|
(58)
|
(45)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(16)
|
0
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(4)
|
(5)
|
(6)
|
(6)
|
(5)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
29
N/A
|
26
-10%
|
23
-10%
|
23
N/A
|
25
+6%
|
25
+0%
|
24
-3%
|
26
+7%
|
28
+7%
|
28
+0%
|
8
-73%
|
1
-88%
|
6
+533%
|
1
-79%
|
22
+1 733%
|
25
+12%
|
18
-25%
|
22
+20%
|
25
+15%
|
26
+3%
|
28
+7%
|
29
+3%
|
30
+4%
|
30
+2%
|
32
+7%
|
9
-73%
|
(33)
N/A
|
(56)
-68%
|
(124)
-121%
|
(126)
-2%
|
(95)
+25%
|
(72)
+24%
|
(7)
+91%
|
20
N/A
|
43
+115%
|
48
+12%
|
42
-13%
|
42
N/A
|
32
-24%
|
35
+9%
|
55
+59%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(12)
|
(11)
|
(9)
|
(9)
|
(11)
|
(11)
|
(10)
|
(11)
|
(12)
|
(12)
|
(3)
|
(0)
|
(3)
|
(1)
|
(9)
|
(10)
|
(8)
|
(9)
|
(9)
|
(8)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
0
|
14
|
21
|
41
|
40
|
30
|
22
|
2
|
(6)
|
(13)
|
(13)
|
(14)
|
(14)
|
(11)
|
(15)
|
(21)
|
|
Income from Continuing Operations |
17
|
15
|
14
|
14
|
14
|
14
|
14
|
15
|
16
|
16
|
4
|
1
|
3
|
0
|
13
|
14
|
11
|
13
|
16
|
17
|
20
|
21
|
22
|
22
|
24
|
9
|
(19)
|
(35)
|
(83)
|
(87)
|
(65)
|
(50)
|
(5)
|
14
|
30
|
35
|
28
|
28
|
21
|
20
|
35
|
|
Net Income (Common) |
17
N/A
|
15
-9%
|
14
-10%
|
14
N/A
|
14
+3%
|
14
N/A
|
14
-3%
|
15
+7%
|
16
+9%
|
16
+1%
|
4
-73%
|
1
-89%
|
3
+500%
|
0
-90%
|
13
+4 067%
|
14
+13%
|
14
+2%
|
17
+15%
|
20
+19%
|
21
+7%
|
20
-3%
|
21
+3%
|
22
+4%
|
22
+1%
|
24
+10%
|
9
-63%
|
(19)
N/A
|
(35)
-83%
|
(83)
-138%
|
(87)
-5%
|
(65)
+25%
|
(50)
+23%
|
(5)
+90%
|
14
N/A
|
30
+110%
|
35
+16%
|
28
-21%
|
28
N/A
|
21
-25%
|
20
-5%
|
35
+75%
|
|
EPS (Diluted) |
0.68
N/A
|
0.61
-10%
|
0.55
-10%
|
0.55
N/A
|
0.57
+4%
|
0.54
-5%
|
0.5
-7%
|
0.56
+12%
|
0.61
+9%
|
0.62
+2%
|
0.16
-74%
|
0
N/A
|
0.12
N/A
|
0.01
-92%
|
0.45
+4 400%
|
0.51
+13%
|
0.52
+2%
|
0.58
+12%
|
0.66
+14%
|
0.7
+6%
|
0.7
N/A
|
0.72
+3%
|
0.74
+3%
|
0.75
+1%
|
0.81
+8%
|
0.29
-64%
|
-0.59
N/A
|
-0.96
-63%
|
-2.46
-156%
|
-2.38
+3%
|
-1.76
+26%
|
-1.35
+23%
|
-0.13
+90%
|
0.39
N/A
|
0.71
+82%
|
0.83
+17%
|
0.73
-12%
|
0.72
-1%
|
0.45
-38%
|
0.43
-4%
|
0.75
+74%
|