Chefs' Warehouse Inc
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Consumer Staples : Food & Staples Retailing | Small Cap Blend
Company profile

The Chefs' Warehouse, Inc. is a distributor of specialty food products in the United States and Canada. The Company operates through food product distribution segment, which is concentrated on the East and West Coasts of the United States. The Company is focused on serving the specific needs of chefs owning and/or operating some of the menu-driven independent restaurants, fine dining establishments, Country clubs, hotels, caterers, culinary schools, bakeries, patisseries, chocolatiers, cruise lines, casinos and specialty food stores in the United States and Canada. Its product portfolio consists of imported and domestic specialty food products, such as artisan charcuterie, specialty cheeses, oils and vinegars, truffles, caviar, chocolate and pastry products. The Company also offers a line of center-of-the-plate products, including custom cut beef, seafood and hormone-free poultry, as well as food products, such as cooking oils, butter, eggs, milk and flour.

Price
Delayed
$12.93
Day's Change
-2.64 (-16.96%)
Bid
--
Ask
--
B/A Size
--
Day's High
14.13
Day's Low
12.93
Volume
(Heavy Day)

Today's volume of 761,888 shares is on pace to be much greater than CHEF's 10-day average volume of 541,404 shares.

761,888

New Report Finds That Brand Leaders Are Seeking More Media Cohesion

8:00 am ET September 16, 2020 (PR Newswire) Print

Today, the Chief Marketing Officer (CMO) Council, produced in partnership with Cision, published a new report - Bridging the Gap for Comms & Marketing: Building Cohesion in the Age of Customer Disruption. The new report details the best practices and technologies for overcoming the challenges that brand leaders face when aligning marketing and comms teams. The insights are based on a survey of over 150 brand leaders and nearly a dozen in-depth interviews with executives from companies including IBM, Nokia, Schneider Electric, Lamps Plus, Certified First, Center for Creative Leadership, R&R Partners and InnerWorkings. Download the full report.

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Bridging the Gap for Comms & Marketing highlights the importance of consistent messaging across paid, owned and earned media.

Topics that emerged from the study include:

-- The future of the marketing-comms relationship

-- The primary challenges when aligning marketing and comms

-- Which technologies and solutions help drive cohesion

-- The misunderstanding of roles and media channels

Brand leaders surveyed for the report also addressed how COVID-19 increased the importance to deliver cohesive messaging.

"With the majority of the world now spending significantly more time at home, consumption, sharing, and engaging with digital media has only increased," said Donovan Neale-May, Executive Director of the CMO Council.

"In many cases, digital media now singularly impacts buying decisions and how consumers feel about brands, only amplifying the importance of consistent messaging across media channels. Yet over half of respondents agreed that when it comes to amplifying and aligning media strategies, there isn't strong alignment between their teams."

Other key survey findings include:

-- Nearly 2/3 brand leaders felt they're effective at integrating and amplifying earned media to drive customer experience and engagement strategies

-- 81% of brand leaders said the change in global business climate due to the pandemic has led to a definite rise in earned media efforts and importance

-- One out of five marketing leaders were dissatisfied with their earned media performance

"In order for organizations to achieve true integration between marketing and comms, they must first attain collaboration within the one constant both teams can agree upon: data. Both teams need to treat data as the source of truth and have someone with the skills to interpret that data as it relates to specific KPIs in order to understand progress and ROI," said Maggie Lower, Cision's Chief Marketing Officer. "Cision's own partnership with The CMO Council validates the opportunities that can arise when PR and marketing work together."

For more information and to download the full report visit https://cmocouncil.org/thought-leadership/reports/bridging-the-gap-for-comms-and-marketing.

CMO Council, in partnership with Cision, will host a webinar - Shifting the Content Game - on September 23rd to discuss the report findings in further detail. Learn more and register here.

About the CMO CouncilThe Chief Marketing Officer (CMO) Council is the only global network of executives specifically dedicated to high-level knowledge exchange, thought leadership and personal relationship building among senior corporate marketing leaders and brand decision-makers across a wide range of global industries. The CMO Council's 16,000-plus members control approximately $1 trillion in aggregated annual marketing expenditures and run complex, distributed marketing and sales operations worldwide. In total, the CMO Council and its strategic interest communities include more than 65,000 global executives in more than 110 countries covering multiple industries, segments and markets. For more information, visit https://www.cmocouncil.org.

About CisionCision is a leading global provider of earned media software and wire distribution services to public relations and marketing communications professionals. Cision's software allows users to identify key influencers, craft and distribute strategic content, and measure meaningful impact. Cision has over 4,800 employees with offices in 24 countries throughout the Americas, EMEA, and APAC. For more information about Cision's award-winning products and services, including the Cision Communications Cloud(R), visit www.cision.com and follow Cision on Twitter @Cision.

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View original content to download multimedia:http://www.prnewswire.com/news-releases/new-report-finds-that-brand-leaders-are-seeking-more-media-cohesion-301132044.html

SOURCE CMO Council

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