The Chefs’ Warehouse, Inc. reported financial results for the third quarter ended September 25, 2026, showing a significant increase in net sales and profitability compared to the prior year.
For the three months ended September 25, 2026, net sales increased 11.2% to $1.14 billion from $1.02 billion in the third quarter of 2025. Organic sales grew by 10.3%, or $105.4 million, driven by a 6.1% increase in organic case count in the specialty category and a 6.6% increase in organic pounds sold in the center-of-the-plate category. The company also noted a 7.2% increase in unique item placements and a 4.4% increase in unique customers.
Gross profit for the quarter rose 15.0% to $284.3 million, with gross profit margins increasing approximately 84 basis points to 25.0%. This margin expansion was attributed to increased sales volumes, price inflation, and acquisitions. Operating income for the quarter was $51.5 million, compared to $38.9 million in the prior year.
GAAP net income for the third quarter of 2026 was $29.6 million, or $0.67 per diluted share, compared to $19.1 million, or $0.44 per diluted share, in the third quarter of 2025. Adjusted net income per share was reported at $0.66 for the current quarter versus $0.50 in the prior year. Adjusted EBITDA was $82.2 million for the 2026 quarter, up from $65.1 million in the 2025 quarter.
Regarding the Middle East operations, the company noted that revenue trends in recent weeks were approximately 100% of the prior year, supported by local residents and ex-patriates returning from the summer off-season.
In guidance for fiscal 2026, the company raised its full-year outlook. It now expects net sales between $4.56 billion and $4.61 billion, gross profit between $1.130 billion and $1.140 billion, and Adjusted EBITDA between $317 million and $321 million.
