Replay available

The Chefs' Warehouse, Inc. (CHEF) Q1 2025 Earnings Call

The Chefs' Warehouse, Inc. (NASDAQ: CHEF) Q1 2025 earnings conference call, held 2025-04-30. Replay captured from the company's public earnings webcast.

Wed, April 30, 2025 at 8:30 AMendedReplay
The Chefs' Warehouse, Inc. (CHEF) Q1 2025 Earnings Call

Hosted by

Featured presenters

Alex Alders

General Counsel, Corporate Secretary, and Chief Government Relations Officer

Chris Pappas

Founder, Chairman, and CEO

Jim Letty

Chief Financial Officer

Alex Slagle

Jefferies Analyst

Mark Cardin

UBS Analyst

Peter Saleh

BTIG Analyst

Andrew Wolf

CL King & Associates Analyst

Kelly Banya

BMO Capital Markets Analyst

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.436 Greetings and welcome to the Chef Warehouse First Quarter 2025 Earnings Conference 00:00:05.436 -- 00:00:10.501 Call. As a reminder, this conference is being recorded. 00:00:10.501 -- 00:00:15.606 I would now like to turn the call over to your host, Alex Alders, General Counsel, Corporate 00:00:15.606 -- 00:00:18.789 Secretary, and Chief Government Relations Officer. 00:00:18.789 -- 00:00:21.410 Please go ahead, sir. 00:00:22.613 -- 00:00:24.315 Thank you, Operator. Good morning, everyone. 00:00:24.315 -- 00:00:29.520 With me on today's call are Chris Pappas, Founder, Chairman, and CEO, and Jim Letty, 00:00:29.520 -- 00:00:35.061 our CFO. By now you should have access to our first quarter 2025 earnings press release. 00:00:35.061 -- 00:00:38.543 It can also be found at www.chefswarehouse.com 00:00:38.865 -- 00:00:43.329 under the investor relations section. Throughout this conference call we will be presenting 00:00:43.329 -- 00:00:48.393 non-GAAP financial measures including among others historical and estimated EBITDA and 00:00:48.393 -- 00:00:53.278 adjusted EBITDA as well as historical adjusted net income, adjusted earnings per share, 00:00:53.278 -- 00:00:57.963 adjusted operating expenses, adjusted operating expenses as a percentage of net sales, 00:00:57.963 -- 00:01:02.428 and as a percentage of gross profit, net debt leverage and free cash flow. 00:01:02.428 -- 00:01:07.893 These measures are not calculated in accordance with GAAP and may be calculated differently 00:01:07.893 -- 00:01:12.278 and similarly titled non-GAAP financial measures used by other companies. 00:01:12.278 -- 00:01:16.822 Quantitative reconciliations of our non-GAAP financial measures to their most directly 00:01:16.822 -- 00:01:21.387 comparable GAAP...