Month: October 2020

Spices From 2 Companies Are Being Recalled Over Salmonella Fears

close up of shelf with jars of spices

Christoffer Skytte Wielsøe / EyeEmGetty Images

Two companies have issued recalls on their dried spices over fears that the products could contain salmonella, the FDA posted this month.

The first is Sauer Brands, Inc. which voluntarily recalled specific lot codes of more than two dozen spices by The Spice Hunter, including organic parsley, organic cinnamon, Madagascar cloves, gourmet sesame seeds, and more. This occurred because even after raw materials had tested negative for salmonella, the company’s supplier notified them of the presence of salmonella in some lots of organic parsley given to them.

Items involved in the recall were

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Why The Chefs’ Warehouse Tanked 20{2be9e0ed3ca9ccbec52b0231822c6f1fda346690d3a01794d48870672da60124} Wednesday

What happened

Shares of The Chefs’ Warehouse, Inc. (NASDAQ:CHEF), a specialty food distributor to high-end chefs in major metropolitan areas, dropped as much as 20{2be9e0ed3ca9ccbec52b0231822c6f1fda346690d3a01794d48870672da60124} Wednesday after the company announced its third-quarter financial results.

So what

Starting from the top, net sales declined 36{2be9e0ed3ca9ccbec52b0231822c6f1fda346690d3a01794d48870672da60124} to $254.0 million during the third quarter, down compared to the prior year’s $396.9 million. The result failed to reach analysts’ estimates of $266.7 million. Adjusted earnings checked in with a loss of $0.38 per share, much worse than the prior year’s adjusted earnings of $0.23 and below analysts’ estimates calling for

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The Care and Cleaning of Cookware

Based on my reader mail, my cookware columns are stirring up controversy in the kitchen. Here I thought last year’s mattress series crossed the threshold, but how folks feel about their slumber surfaces pales next to the practically umbilical attachment they have to their pans.

Home chefs have come out swinging skillets, defending them to their copper cores. I now know that if some of you had to choose between your eight-inch Teflon omelet pan and your mate, well, you don’t have to, thank goodness. And while I do not want to come between you and that 20-piece set of

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Michelin Guide event aids California’s struggling restaurants

Restaurants nationwide have been devastated by the pandemic but no place has been harder hit than California, which has led the country in permanent restaurant closures since March.

Earlier this month, Michelin Guide announced it would not release its 2020 guide of California’s best restaurants out of respect for the chefs and owners whose primary concern this year has been survival rather than winning coveted Michelin stars. Unlike in other states, California restaurants have been hit by the triple whammy of pandemic-related closure orders, a drastic drop in tourism and massive wildfires.

Of the 90 California restaurants that held Michelin

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The Chefs’ Warehouse, Inc. (CHEF) Stock Price, News, Quote & History

NasdaqGS – NasdaqGS Real Time Price. Currency in USD

12.99-2.58 (-16.57{2be9e0ed3ca9ccbec52b0231822c6f1fda346690d3a01794d48870672da60124})

At close: 4:00PM EDT

13.12 +0.13 (1.00{2be9e0ed3ca9ccbec52b0231822c6f1fda346690d3a01794d48870672da60124})
After hours: 7:12PM EDT

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Momentum

Momentum

Previous Close 15.57
Open 14.11
Bid 13.00 x 3000
Ask 13.13 x 900
Day’s Range 12.35 – 14.19
52 Week Range 3.55 – 40.33
Volume 2,738,697
Avg. Volume 899,121
Market Cap 490.99M
Beta (5Y Monthly) 1.97
PE Ratio (TTM) N/A
EPS (TTM) -0.61
Earnings Date Oct
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