Chefs' Warehouse (CHEF)

• Market cap: $2.12B
• 1 day: -0.34%
• 5 days: -15.04%
• 1 month: -3.27%
• 3 months: 8.30%
• 6 months: 35.13%
• Year to date: 6.06%
• 1 year: 44.07%
• 5 years: 153.98%
• 10 years: 153.98%
• Sector: Consumer Staples
• Industry: Groceries, General Line

About: The Chefs' Warehouse Inc is a specialty food distributor in metropolitan areas across the United States and Canada. The company's product portfolio is comprised of imported and local specialty food products such as cheese, cooking oils, chocolates, dried food, baking products, meats, and other food products. It operates via one reporting segment called Food Product Distribution. Operations are concentrated on the east, midwest, and west coasts of the U.S. The company provides service to restaurants, clubs, hotels, caterers, schools, bakeries, casinos, and specialty food stores.

Employees: 5,029

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

84% more call options, than puts

Call options by funds: $5.69M | Put options by funds: $3.1M

33% more funds holding in top 10

Funds holding in top 10: 3 [Q3] → 4 (+1) [Q4]

27% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 55

17% more capital invested

Capital invested by funds: $1.58B [Q3] → $1.85B (+$272M) [Q4]

0.46% more ownership

Funds ownership: 94.28% [Q3] → 94.74% (+0.46%) [Q4]

6% less funds holding

Funds holding: 195 [Q3] → 184 (-11) [Q4]

18% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 28

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $58 10% upside
• Avg. target: $66 25% upside
• High target: $73 39% upside

6 analyst ratings

• positive: 6 100%
• neutral: 0 0%
• negative: 0 0%

Lake Street Ben Klieve 36% 1-year accuracy 5 / 14 met price target	29% upside $68	Buy Maintained	13 Feb 2025
BMO Capital Kelly Bania 68% 1-year accuracy 13 / 19 met price target	39% upside $73	Outperform Maintained	13 Feb 2025
Benchmark Todd Brooks 36% 1-year accuracy 16 / 44 met price target	29% upside $68	Buy Maintained	13 Feb 2025
UBS Mark Carden 60% 1-year accuracy 6 / 10 met price target	31% upside $69	Buy Maintained	13 Feb 2025
Jefferies Andy Barish 55% 1-year accuracy 6 / 11 met price target	14% upside $60	Buy Maintained	15 Jan 2025