Chefs' Warehouse Reports High Single-Digit Q4 Organic Growth, Maintains Guidance
Chefs' Warehouse reported Q4 2025 organic net sales growth of high single digits and expanded adjusted operating margin by roughly 100 basis points year over year. Management expressed confidence in sustaining low- to mid-single-digit sales gains for full-year 2026 while keeping margin guidance unchanged.
1. Q4 2025 Financial Results
In Q4 2025, Chefs' Warehouse achieved high single-digit organic net sales growth year-over-year, driven by broad-based demand across its regional distribution centers and specialty product lines. Adjusted operating income margin rose by roughly 100 basis points to 8.5%, reflecting improved purchasing terms and operational efficiencies.
2. Margin Expansion Drivers
Margin expansion stemmed from optimized logistics, lower commodity costs in core categories, and targeted overhead reductions. Enhanced vendor agreements and inventory management improvements further bolstered gross margin and operating leverage.
3. Outlook and Guidance
Management reaffirmed full-year 2026 guidance for low- to mid-single-digit net sales growth and stable operating margins, citing resilient end-market demand and ongoing cost controls. The company plans to invest in distribution capacity and technology to support future organic growth.