Chefs' Warehouse Q4 Profit Rises; Issues FY14 Outlook - Quick Facts

(RTTNews) - Chefs' Warehouse, Inc. (CHEF) posted fourth-quarter net income available to common stockholders of $4.8 million or $0.19 per share, compared to $3.6 million or $0.17 per share in the comparable quarter last year.

Modified Pro Forma net income available to common stockholders was $5.4 million or $0.22 per share, compared to $4.9 million or 40.23 per share in the prior year quarter. On average, four analysts polled by Thomson Reuters expected the company to earn $0.20 per share. Analysts' estimates typically exclude special items.

Net sales for the latest fourth quarter was $193.39 million, up 35.6% from $142.59 million in the year-ago period, while four analysts expected revenue of $191.27 million.

For fiscal 2014, the company expects net income in the range of $0.64 per share to $0.74 per share, modified pro forma net income between $0.70 per share and $0.80 per share and revenues in the range of $810.0 million to $840.0 million. Analysts currently expects earnings of $0.87 per share on revenues of 4820.43 million.