Overview Key strengths Key risks Favorable reputation with chefs in the menu-driven specialty food-away-from-home market. Significant exposure to commodity, fuel, and labor pressures. Unique product offerings that cater to specialty foods customers, supporting high customer retention rates. Much smaller scale compared with broadline industry competitors. Highly acquisitive growth strategy entails financial and integration risks. The Chefs' Warehouse Inc.'s organic growth stems from its focus on expanding capacity across its markets by roughly 30%, which has enabled it to expand its market share. The company is also continuing to undertake additional acquisitions, including its recent purchases of Greenleaf and Hardie?s Fresh Foods, which bolstered its produce category offerings. This follows Chefs? acquisition of Chef Middle East in 2022, which broadened its