HF Foods (HFFG)

Search documents
HF FOODS GROUP INC. (HFFG) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2025-08-12 00:01
HF FOODS GROUP INC. (HFFG) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +9.09%. A quarter ago, it was expected that this company would post earnings of $0.13 per share when it actually produced earnings of $0.07, delivering a surprise of -46.15%.Over the last four quarters, the com ...
HF Foods (HFFG) - 2025 Q2 - Earnings Call Transcript
2025-08-11 21:30
HF Foods Group (HFFG) Q2 2025 Earnings Call August 11, 2025 04:30 PM ET Speaker0Ladies and gentlemen, greetings and welcome to the HF Foods Group Second Quarter twenty twenty five Earnings Call. At this time, all participants are in a listen only mode. A brief question and answer session will follow formal presentation. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, John DiDominico, Vice President, Investor Relations.Please go ahead.Speaker1Hello, everyone. W ...
HF Foods (HFFG) - 2025 Q2 - Quarterly Report
2025-08-11 20:24
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________________ to _______________________. 6325 South Rainbow Boulevard, Suite 420, Las Vegas, NV 89118 (Address of principal executive offices) (Zip Cod ...
HF Foods (HFFG) - 2025 Q2 - Quarterly Results
2025-08-11 20:09
Exhibit 99.1 HF Foods Reports Second Quarter 2025 Financial Results Management Commentary "We are pleased to report record net revenue and gross profit for HF Foods in the second quarter," said Felix Lin, President and Chief Executive Officer of HF Foods. "Our results demonstrate the continued momentum of our transformation initiatives and our disciplined execution against our strategic priorities, even amid a dynamic and uncertain macro environment. The successful completion of our ERP implementation acros ...
HF Foods Reports Second Quarter 2025 Financial Results
Globenewswire· 2025-08-11 20:05
Reports Quarterly Record Net Revenue and Gross ProfitLAS VEGAS, Aug. 11, 2025 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ: HFFG) (“HF Foods” or the “Company”), a leading distributor of international foodservice solutions to Asian restaurants and other businesses across the United States, reported its unaudited financial results for the quarter ended June 30, 2025. Second Quarter 2025 Financial Results Net revenue increased 4.1% to $314.9 million compared to $302.3 million in the prior year period.Gross ...
HF Foods to Report Second Quarter 2025 Results on August 11, 2025
Globenewswire· 2025-07-28 20:05
Core Viewpoint - HF Foods Group Inc. will report its financial results for the second quarter ended June 30, 2025, on August 11, 2025, after market close [1][2]. Company Overview - HF Foods Group Inc. is a leading distributor of international foodservice solutions, primarily serving Asian restaurants and other businesses across the United States [3]. - The company specializes in fresh produce, frozen and dry food, and non-food products, aiming to meet the growing demand for Asian American cuisine [3]. - HF Foods operates a nationwide network of distribution centers and maintains strong relationships with growers and suppliers in the US and Asia [3]. - The company is headquartered in Las Vegas, Nevada, and trades on Nasdaq under the symbol "HFFG" [3].
HF Foods: Play It Safe With Blue Chips For Now
Seeking Alpha· 2025-05-18 10:11
Group 1 - HF Foods Group (NASDAQ: HFFG) experienced a significant stock increase of over 180% after achieving a double beat in March, raising concerns about potential negative impacts from a double miss in future performance [1] - The analysis of restaurant stocks encompasses various segments, including QSR, fast casual, casual dining, fine dining, and family dining, utilizing advanced analytical models and specialized valuation techniques [1] - The company aims to provide detailed insights and actionable strategies to assist investors in making informed decisions within the U.S. restaurant market [1]
HF FOODS GROUP INC. (HFFG) Misses Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-12 22:41
HF FOODS GROUP INC. (HFFG) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -46.15%. A quarter ago, it was expected that this company would post earnings of $0.09 per share when it actually produced earnings of $0.11, delivering a surprise of 22.22%.Over the last four quarters, the com ...
HF Foods (HFFG) - 2025 Q1 - Earnings Call Transcript
2025-05-12 21:07
Financial Data and Key Metrics Changes - Net revenue increased by 0.9% year over year to $298.4 million from $295.7 million in the prior year quarter [12] - Adjusted EBITDA increased by 12.3% year over year to $9.8 million from $8.7 million [15] - Gross profit increased by 1.1% to $51 million compared to $50.4 million in the same period in 2024 [12] - Operating income improved to $1.2 million from an operating loss of $0.1 million in the prior year quarter [14] - Net loss increased to $1.5 million from a net loss of $0.6 million in the prior year quarter, primarily due to unfavorable changes in interest rate swaps [14] Business Line Data and Key Metrics Changes - The increase in net revenue was primarily driven by volume increases and improved pricing in commodity, meat, poultry, and seafood categories [12] - Gross profit margin remained consistent at 17.1% compared to the same period in 2024 [13] - Distribution, selling, and administrative expenses decreased by $0.7 million to $49.7 million due to cost optimization efforts [13] Market Data and Key Metrics Changes - The industry continues to face macro headwinds, particularly due to new tariff policies and supply chain disruptions [6] - The company is actively diversifying its supplier base and exploring alternative sourcing strategies to mitigate these challenges [6] Company Strategy and Development Direction - The company is focused on executing comprehensive transformation initiatives, with 2025 being a year of strategic investment [16] - Investments in digital transformation and infrastructure are aimed at driving organic growth and complementing expansion with targeted M&A initiatives [16] - The company aims to optimize its distribution network and enhance its operational capabilities through strategic facility enhancements [10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's performance and long-term plans despite short-term uncertainties [5][16] - The successful implementation of a new ERP application is expected to improve efficiency and decision-making across operations [7] - The company remains optimistic about M&A opportunities in 2025 and beyond, focusing on expanding its geographic footprint and enhancing product capabilities [10] Other Important Information - The company launched a new e-commerce platform designed specifically for food service customers, enhancing its distribution capabilities [8] - The strategic facility enhancement initiatives are on track, with renovations at the Charlotte distribution center expected to be completed by the end of Q2 2025 [9] Q&A Session Summary - No specific questions or answers were provided in the content regarding the Q&A session.
HF Foods (HFFG) - 2025 Q1 - Earnings Call Transcript
2025-05-12 21:05
Financial Data and Key Metrics Changes - Net revenue increased by 0.9% year over year to $298.4 million from $295.7 million in the prior year quarter [11] - Adjusted EBITDA rose by 12.3% year over year to $9.8 million, up from $8.7 million in the prior year quarter [14] - Gross profit increased by 1.1% to $51 million compared to $50.4 million in the same period in 2024 [11] - Operating income improved to $1.2 million from an operating loss of $0.1 million in the prior year quarter [13] - Net loss increased to $1.5 million from a net loss of $0.6 million in the prior year quarter, primarily due to unfavorable changes in interest rate swaps [13] Business Line Data and Key Metrics Changes - The increase in net revenue was primarily driven by volume increases and improved pricing in the commodity, meat, poultry, and seafood categories [11] - Distribution, selling, and administrative expenses decreased by $0.7 million to $49.7 million due to cost optimization efforts [12] Market Data and Key Metrics Changes - The industry continues to face macro headwinds, particularly due to new tariff policies and supply chain disruptions [6] - The company is actively diversifying its supplier base and exploring alternative sourcing strategies to mitigate these challenges [6] Company Strategy and Development Direction - The company is focused on executing comprehensive transformation initiatives, with 2025 being a year of strategic investment [15] - Investments in digital infrastructure and operations are aimed at establishing a strong foundation for future growth [15] - The company aims to leverage its position as a leading nationwide Asian specialty distributor to capitalize on the growing demand for authentic Asian cuisine [15] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's performance and long-term plans despite short-term uncertainties [6][15] - The successful implementation of a new ERP application is expected to enhance efficiency and decision-making across operations [7] - The company remains disciplined but optimistic about M&A opportunities in 2025 and beyond [9] Other Important Information - The company finalized a comprehensive plan to reduce cash distribution, selling, and administrative expenses by 3% to 5% by the end of 2025 while preserving core growth initiatives [12] - Strategic facility enhancements are underway, with renovations at the Charlotte distribution center expected to be completed by the end of Q2 2025 [8] Q&A Session Summary - No specific questions and answers were provided in the content.