Chefs' Warehouse Inc at BMO Capital Markets Farm to Market Conference Transcript

May 20, 2021 / 01:20PM GMT
Kelly Ann Bania - BMO Capital Markets Equity Research - Director & Equity Analyst

All right. Good morning, everybody. I'm Kelly Bania, food retail and distribution analyst here at BMO Capital. Thrilled to host our next presenter, Chefs' Warehouse. Thanks for joining us from Ridgefield, Connecticut.

I'm happy to introduce Chris Pappas, Founder, President and CEO and Chairman of Chefs' Warehouse, as well as Jim Leddy, Chief Financial Officer of Chefs' Warehouse. Thanks for joining us.

I will remind the audience that there -- you can submit questions to me. Otherwise, I'm prepared for an interesting fireside chat here. And I think it's safe to say that everybody involved in the food supply chain over this past year has been incredibly busy. So I appreciate you taking the time to join us.

Questions and Answers:

Kelly Ann Bania - BMO Capital Markets Equity Research - Director & Equity Analyst

So just to start it off. So we just had earnings a couple of weeks ago. You raised your goal for your exit rate of this year to 85% to 90% of
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