Company: CHEF
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001517175-25-000002
Chunk: 92

Company: Chefs' Warehouse, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 8
Chunk 92
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 Additional paid in capital399,111 356,157 Accumulated other comprehensive loss(3,807)(1,832)Retained earnings141,940 99,951 Total stockholders’ equity537,646 454,672 Total liabilities and stockholders’ equity$1,858,691 $1,705,306 

See accompanying notes to the consolidated financial statements.

47

THE CHEFS’ WAREHOUSE, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME

(Amounts in thousands, except share and per share amounts)

Fiscal Years EndedDecember 27,2024December 29,2023December 30,2022Net sales$3,794,212 $3,433,763 $2,613,399 Cost of sales2,880,065 2,619,289 1,994,763 Gross profit914,147 814,474 618,636 Selling, general and administrative expenses784,852 704,758 518,219 Other operating expenses, net1,088 8,773 14,679 Operating income128,207 100,943 85,738 Interest expense48,675 45,474 43,849 Income before income taxes79,532 55,469 41,889 Provision for income tax expense24,053 20,879 14,139 Net income$55,479 $34,590 $27,750 Other comprehensive income:   Foreign currency translation adjustments(1,975)353 (163)Comprehensive income$53,504 $34,943 $27,587 Net income per share:   Basic$1.46 $0.92 $0.75 Diluted$1.32 $0.88 $0.73 Weighted average common shares outstanding:  Basic37,914,060 37,633,672 37,094,220 Diluted45,983,065 45,639,220 38,742,328 

See accompanying notes to the consolidated financial statements.

48

THE CHEFS’ WAREHOUSE, INC.

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY

For the Fiscal Years Ended December 27, 2024, December 29, 2023, and December