HF Foods (HFFG) Q2 Earnings Improve Y/Y, Gross Margin Up

HF Foods Group Inc. (HFFG) reported breakeven earnings per share in the second quarter of 2024 against the year-ago period's loss of 2 cents. Revenues in Detail HF Foods registered revenues of $302.3 million in the second quarter, up 3.4% year over year. Per management, the uptick primarily resulted from product cost inflation, volume increases and improved pricing in certain categories, such as chicken and seafood. However, this was partially offset by deflation in commodities, such as cooking oils, and th ...