Question · Q4 2025
Matt Roden asked about the impact of extreme winter weather on year-to-date sales versus expectations and the drivers of operating expense leverage implied by the full-year guidance.
Answer
Jim Leddy, CFO, explained that January was strong, and while the storm temporarily impacted the first fiscal week of February, the second week bounced back nicely. Regarding operating expense leverage, Mr. Leddy stated that the company focuses on growing gross profit dollars higher than adjusted operating expenses year-over-year, and the guidance reflects various levels of volume, product mix changes, and market factors, but good operating leverage is still expected.
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