The Chefs' Warehouse Is Still Appetizing

  • Chefs' Warehouse continues to outperform, with strong revenue and profit growth driven by organic expansion, acquisitions, and operational improvements. Management's ambitious targets for 2028, including EBITDA of $300–$350 million, are credible given their track record and ongoing digital transformation. Despite a premium valuation versus peers, the company's financial flexibility and lower leverage reduce risk and support continued growth.