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FinanceChefs' Warehouse Q2 2026 Earnings Call: Management discusses non-GAAP metrics and forward-looking statements
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The Chefs' Warehouse, Inc. held its Q2 2026 earnings conference call on July 29, 2026. The call was led by Founder, Chairman, and CEO Christopher Pappas, CFO James Leddy, and General Counsel Alexandros Aldous. The company discussed its second-quarter financial results, including non-GAAP measures such as adjusted EBITDA, adjusted net income, and free cash flow. The call included forward-looking statements and reconciliations to GAAP metrics. Analysts from Jefferies, UBS, Morgan Stanley, BMO Capital Markets, BTIG, Wolfe Research, TD Cowen, and Piper Sandler participated in the Q&A session. The transcript covers the opening remarks, safe harbor disclosures, and the company's financial performance for the period.
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Chefs' Warehouse (CHEF) Q2 2026 Earnings Call
Date: July 29, 2026 Time: 8:30 AM EDT
Company Participants
- Alexandros Aldous — General Counsel, Chief Government Relations Officer, Corporate Secretary & Chief Administrative Officer
- Christopher Pappas — Founder, Chairman, CEO & President
- James Leddy — CFO & Assistant Secretary
Conference Call Participants
- Alexander Slagle — Jefferies LLC, Research Division
- Mark Carden — UBS Investment Bank, Research Division
- Todd Brooks — The Benchmark Company, LLC, Research Division
- Brian Harbour — Morgan Stanley, Research Division
- Kelly Bania — BMO Capital Markets Equity Research
- Peter Saleh — BTIG, LLC, Research Division
- Margaret-May Binshtok — Wolfe Research, LLC
- Andrew Charles — TD Cowen, Research Division
- Brian Mullan — Piper Sandler & Co., Research Division
Presentation
Operator
Greetings, and welcome to the Chefs' Warehouse Second Quarter 2026 Earnings Conference Call. As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Alex Aldous, General Counsel, Corporate Secretary and Chief Government Relations Officer. Please go ahead, sir.
Alexandros Aldous
General Counsel, Chief Government Relations Officer, Corporate Secretary & Chief Administrative Officer
Thank you, operator. Good morning, everyone. With me on today's call are Chris Pappas, Founder, Chairman and CEO; and James Leddy, our CFO.
By now, you should have access to our second quarter 2026 earnings press release. It can also be found at www.chefswarehouse.com under the Investor Relations section.
Throughout this conference call, we will be presenting non-GAAP financial measures, including, among others, historical and estimated EBITDA and adjusted EBITDA, as well as historical adjusted net income, adjusted earnings per share, adjusted operating expenses, adjusted operating expenses as a percentage of net sales and as a percentage of gross profit, net debt, net debt leverage, and free cash flow.
These measures are not calculated in accordance with GAAP and may be calculated differently from similarly titled non-GAAP financial measures used by other companies. Quantitative reconciliations of our non-GAAP financial measures to their most directly comparable GAAP financial measures are available in the earnings press release.
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Chefs' Warehouse Q2 2026 Earnings Call Transcript