** Chefs' Warehouse CHEF.O shares up 13.23% at $61.69, hitting their highest level ever
** The specialty food distributor's Q4 net sales increase 8.7% to $1.03 billion, beating analysts' estimates of $1.00 billion - data compiled by LSEG
** Co posts adjusted net income of $23.91 million, or 55 cents/shr, topping analysts' expectations of $22.12 million, or 51 cents/shr
** Business activity and demand remained consistently strong through the fourth quarter amidst a healthy environment for our core upscale-casual to higher-end dining customer base - CEO Christopher Pappas
** CHEF stock rose 67% in 2024
(Reporting by Aamir Sohail in Bengaluru)
((Aamir.Sohail@thomsonreuters.com;))
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