Shares of The Chefs' Warehouse (CHEF) soared 5.56% in Wednesday's pre-market session, following the company's better-than-expected fourth quarter 2024 financial results and an optimistic outlook for 2025.

For the fourth quarter, the specialty food distributor reported revenue of $1.03 billion, up 8.7% year-over-year, driven by strong demand from its upscale dining customers. Adjusted earnings per share came in at $0.55, surpassing analyst estimates of $0.51. The company cited robust business activity and healthy demand environment for its core customer base during the busy holiday season as key factors behind the strong performance.

Looking ahead, Chefs' Warehouse provided fiscal 2025 guidance, expecting net sales in the range of $3.94 billion to $4.04 billion, gross profit between $951 million and $976 million, and adjusted EBITDA of $233 million to $246 million. The company's optimistic outlook reflects continued strength in its core business and successful market share gains through new customer acquisitions and unique product placements.

According to Christopher Pappas, Chairman and CEO of Chefs' Warehouse, "During the quarter, we continued to grow market share, closing the year with strong year-over-year growth in unique item placements and new customer acquisition." The company's ability to capitalize on the healthy demand environment from its upscale customer base, coupled with its successful market share expansion initiatives, drove the strong Q4 performance and fueled optimism for 2025.