Chefs' Warehouse Sees More Favorable Trends Ahead
Conditions in the food business have been extremely challenging lately, with strong competition from huge players threatening to squeeze out smaller companies in the industry. Specialty food distributor Chefs' Warehouse (NASDAQ: CHEF) has had to work hard to hold its own, and it still has to overcome all the obstacles that any business faces in trying to grow.
Coming into Wednesday's second-quarter financial report, investors wanted to see solid revenue growth but were willing to sacrifice some earnings to get it. Chefs' Warehouse's numbers were a bit better than expected, with earnings that held up reasonably well and favorable guidance for the future. Let's take a closer look at Chefs' Warehouse and the conclusions to be drawn from its most recent results.
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Source: Fool.com
