Replay available

The Chefs' Warehouse, Inc. (CHEF) Q3 2025 Earnings Call

The Chefs' Warehouse, Inc. (NASDAQ: CHEF) Q3 2025 earnings conference call, held 2025-10-29. Replay captured from the company's public earnings webcast.

Wed, October 29, 2025 at 8:30 AMendedReplay
The Chefs' Warehouse, Inc. (CHEF) Q3 2025 Earnings Call

Hosted by

Featured presenters

Alex Aldos

General Counsel, Corporate Secretary, and Chief Government Relations Officer

Chris Pappas

Founder, Chairman, and CEO

Jim Letty

Chief Financial Officer

Alex Slagle

Analyst, Jefferies

Mark Cardin

Analyst, UBS

Brian Harbaugh

Analyst, Morgan Stanley

Peter Sala

Analyst, BTIG

Kelly Bania

Analyst, BMO Capital Markets

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.378 Greetings, and welcome to the Chef Warehouse Third Quarter 2025 Earnings Conference 00:00:05.378 -- 00:00:10.643 Call. As a reminder, this conference is being recorded. 00:00:10.806 -- 00:00:15.632 I would now like to turn the conference over to your host, Alex Aldos, General Counsel, 00:00:15.632 -- 00:00:19.257 Corporate Secretary, and Chief Government Relations Officer. 00:00:19.257 -- 00:00:21.878 Please go ahead, sir. 00:00:22.002 -- 00:00:23.907 Thank you, operator. Good morning, everyone. 00:00:23.907 -- 00:00:28.037 With me on today's call are Chris Pappas, founder, chairman, and CEO, and Jim Letty, 00:00:28.037 -- 00:00:33.531 our CFO. By now, you should have access to our third quarter 2025 earnings press release. 00:00:33.531 -- 00:00:36.995 It can also be found at www.chefswarehouse.com 00:00:37.862 -- 00:00:42.131 under the investor relations section. Throughout this conference call, we will be presenting 00:00:42.131 -- 00:00:47.079 non-GAAP financial measures, including, among others, historical and estimated EBITDA 00:00:47.079 -- 00:00:52.126 and adjusted EBITDA, as well as historical adjusted net income, adjusted earnings per 00:00:52.126 -- 00:00:56.833 share, adjusted operating expenses, adjusted operating expenses as a percentage of net 00:00:56.833 -- 00:01:01.861 sales and as a percentage of gross profit, net debt, net debt leverage, and free 00:01:01.861 -- 00:01:07.369 cash flow. These measures are not calculated in accordance with GAAP and may be calculated 00:01:07.369 -- 00:01:12.917 differently in similarly titled non-GAAP financial measures used by other companies. 00:01:12.917 -- 00:01:17.042 Quantitative reconciliations of our non-GAAP financial measures to their most directly 00:01:17.042 -- 00:01:2...