The Chefs' Warehouse — Q2 2023 Earnings Presentation

5 slides from The Chefs' Warehouse's earnings presentation, Aug 2, 2023

Slide 1: Second Quarter 2023 Earnings Presentation
Second Quarter 2023 Earnings Presentation August 2, 2023
Slide 2: Safe Harbor Statement
Safe Harbor Statement Statements in this presentation regarding the Company business that are not historical facts are “forward-looking statements” that involve risks and uncertainties and are based on current expectations and management estimates; actual results may differ materially. The risks and
Slide 3: Chefs' Warehouse Today
Chefs’ Warehouse Today 40,000 + Customers 700 + Sales Professionals 51 Distribution Center locations 55,000 + SKUs 1,000 + Fleet 2,500 + Suppliers $ millions *2023 guidance Revenue $3,250 - $3,350 adj. EBITDA $199 - $207 *Please refer to the reconciliation of adjusted EBITDA guidance table in our se
Slide 4: Capital focused on High-Value Markets
Capital focused on High-Value Markets Capex ~1.5% - 2% of revenue expect to decline to 1% to 1.5% as we scale  Capacity Expansion across our Markets – 2019 to date ~30% increase  2024 to 2026 Projects – expect ~30% additional capacity expansion  Distribution Center technology/process investment f
Slide 5: 5-Year Goal of 2X 2022 adj. EBITDA
5-Year Goal of 2X 2022 adj. EBITDA Capacity investments expected to drive + $1 billion in Organic Revenue +4% - 6% annually Targeting a measured pace of acquired growth – potential for + $1 billion +5% - 10% annually 2 to 3 Year Goal 4 to 6 Year Goal Revenue $4 billion + $5 billion + adj. EBITDA $25