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].

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]

Core Insights - HF Foods Group Inc. reported quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.13 per share, representing an earnings surprise of -46.15% [1] - The company posted revenues of $298.43 million for the quarter, which was 1.73% below the Zacks Consensus Estimate, but an increase from $295.65 million year-over-year [2] - The stock has increased approximately 35.5% since the beginning of the year, contrasting with a -3.8% decline in the S&P 500 [3] Earnings Performance - Over the last four quarters, HF Foods Group has surpassed consensus EPS estimates only once [2] - The company had a favorable trend in estimate revisions ahead of the earnings release, currently holding a Zacks Rank 2 (Buy) [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.13 on revenues of $310.37 million, and for the current fiscal year, it is $0.50 on revenues of $1.23 billion [7] - The outlook for the industry, specifically the Food - Miscellaneous sector, is in the bottom 44% of Zacks industries, which may impact stock performance [8]

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.

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.

Financial Performance - Net revenue for the three months ended March 31, 2025, increased by $2.8 million, or 0.9%, compared to the same period in 2024, primarily due to volume increases and improved pricing in Commodity, Meat & Poultry, and Seafood [120]. - Gross profit was $51.0 million for the three months ended March 31, 2025, compared to $50.4 million in the same period in 2024, an increase of $0.5 million, or 1.1% [121]. - Adjusted EBITDA for the three months ended March 31, 2025, was $9.8 million, compared to $8.7 million in the same period in 2024, reflecting an increase of $1.1 million [109]. - For the three months ended March 31, 2025, the company reported an Adjusted EBITDA of $9,773,000, an increase of 12.3% from $8,702,000 in the same period of 2024 [126]. - The gross profit margin for the three months ended March 31, 2025, remained consistent at 17.1% compared to the same period in 2024 [121]. - Net loss was $1.5 million for the three months ended March 31, 2025, compared to a net loss of $0.6 million for the same period in 2024, primarily driven by changes related to the fair value of interest rate swap contracts [125]. - The company recorded a net loss of $1,530,000 for the three months ended March 31, 2025, compared to a net loss of $559,000 in 2024 [126]. Expenses and Cash Flow - Distribution, selling, and administrative expenses decreased by $0.7 million, or 1.4%, to $49.8 million for the three months ended March 31, 2025, primarily due to a decrease in professional fees [122]. - Interest expense for the three months ended March 31, 2025, was $2.6 million, a slight decrease from $2.8 million for the same period in 2024 [123]. - Net cash provided by operating activities decreased by $4,276,000 to $6,948,000 for the three months ended March 31, 2025, compared to $11,224,000 in 2024 [133]. - The company believes its cash flow from operations is sufficient to meet normal working capital needs for at least the next twelve months [129]. Investments and Debt - The company’s net cash used in investing activities increased by $979,000 to $3,564,000 for the three months ended March 31, 2025, primarily due to increased capital project spending [135]. - As of March 31, 2025, the company had cash of approximately $16.1 million and access to an additional $60.0 million through a $125.0 million line of credit [128]. - The average daily line of credit balance increased by $4.0 million, or 9.0%, to $48.7 million for the three months ended March 31, 2025 [123]. - As of March 31, 2025, the company’s aggregate floating rate debt's outstanding principal balance was $60.8 million, representing 36.6% of total debt [147]. - The company has an amortizing interest rate swap contract with JPMorgan Chase for an initial notional amount of $120.0 million, expiring in March 2028, to hedge floating rate loans exposure [130]. Operational Changes - The company has initiated a comprehensive operational transformation plan focused on centralized purchasing, fleet and transportation improvements, digital transformation, and facility upgrades [107]. - The company acquired two frozen seafood suppliers in 2022, expanding its distribution network across several states [105]. Market Conditions - The average price of diesel fuel decreased by 8.7% in the first quarter of 2025 compared to the same period in 2024, although future prices remain unpredictable [148]. - The company recorded a goodwill impairment charge of $46.3 million during the fourth quarter of the year ended December 31, 2024, due to a decline in stock price [138].

Exhibit 99.1 HF Foods Reports First Quarter 2025 Financial Results Year over year growth in Net Revenue and Gross Profit Las Vegas, NV – May 12, 2025 – 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 March 31, 2025. First Quarter 2025 Financial Results Management Commentary Felix Lin, President and Ch ...

Core Viewpoint - HF Foods Group Inc. reported stable top-line growth in Q1 2025, with net revenue increasing by 0.9% year-over-year to $298.4 million, driven by strength in its core customer base and pricing discipline despite operational challenges [3][6][9]. Financial Performance - Net revenue for Q1 2025 was $298.4 million, up from $295.7 million in the prior year, reflecting a $2.8 million increase [6][9]. - Gross profit rose to $51.0 million, a 1.1% increase from $50.4 million in the same period last year, maintaining a gross profit margin of 17.1% [4][7][9]. - Operating expenses decreased slightly year-over-year, representing 16.7% of net revenue, down from 17.1% [5][8][9]. - The net loss for Q1 2025 was $1.5 million, compared to a net loss of $0.6 million in the prior year, primarily due to non-cash changes in interest rate swap contracts [5][10][9]. - Adjusted EBITDA increased by 12.3% to $9.8 million from $8.7 million in the previous year [5][11][9]. Cash Flow and Liquidity - Cash provided by operating activities was $6.9 million for Q1 2025, down from $11.2 million in the prior year, mainly due to timing of working capital outlays [12]. - As of March 31, 2025, the company had cash of $16.1 million and access to approximately $60.0 million in additional funds through a line of credit [12]. Operational Insights - The company is focused on enhancing margins, streamlining operations, and executing strategic technology investments to support long-term profitability [5][6]. - The growth in net revenue was attributed to volume increases and improved pricing in Commodity, Meat & Poultry, and Seafood categories, despite a decrease in volume in other categories [6][9]. Company Overview - HF Foods Group Inc. is a leading distributor of international foodservice solutions to Asian restaurants and other businesses across the United States, leveraging its nationwide distribution network [14].

Latest milestone in Company's transformation plan expands access to specialty products through a seamless digital experience and new branding LAS VEGAS, May 06, 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, today announced the launch of a new e-commerce platform – a unique offering within the specialty foodservice industry to directly s ...

Core Viewpoint - HF Foods Group Inc. is set to report its financial results for the first quarter of 2025 on May 12, 2025, after market close, highlighting its ongoing operations and performance in the foodservice distribution sector [1]. Company Overview - HF Foods Group Inc. is a prominent distributor of fresh produce, frozen and dry food, and non-food products, primarily serving Asian restaurants and other foodservice customers across the United States [3]. - The company aims to meet the growing demand for Asian American cuisine by utilizing its extensive network of distribution centers and strong relationships with growers and suppliers in both the US and Asia [3]. - HF Foods is headquartered in Las Vegas, Nevada, and trades on Nasdaq under the symbol "HFFG" [3].