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Chef's Warehouse beats expectations, raises EBITDA forecast for FY 2025 but shares remain pricey.

Company Fundamentals
30 Jul 2026
Seeking Alpha
View Source
Neutral
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Chef's Warehouse reported stronger-than-expected results with 12.2% organic sales growth and expanded margins, leading to an increased EBITDA guidance of $305–$315 million for fiscal year 2025. The company's performance reflects strong demand and operational efficiency in the premium restaurant sector. However, despite these positive results, the stock trades at high valuation multiples—17–18 times EBITDA and a forward P/E of 44—making it expensive relative to historical averages. The analyst maintains a 'Sell' rating, citing the need for aggressive growth and sustained high multiples to justify the current price, which leaves little margin of safety for investors.

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