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HF Foods to Participate in the ICR Conference
Globenewswire· 2026-01-05 21:05
Core Viewpoint - HF Foods Group Inc. is actively engaging with investors by participating in the ICR Conference, showcasing its commitment to transparency and communication with stakeholders [1]. Company Overview - HF Foods Group Inc. is a prominent distributor of international foodservice solutions, primarily catering to Asian restaurants and other foodservice businesses across the United States [3]. - The company specializes in marketing and distributing 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 both the US and Asia [3]. - The company is headquartered in Las Vegas, Nevada, and trades on Nasdaq under the symbol "HFFG" [3]. Event Participation - The executive management team of HF Foods will host a fireside chat at the ICR Conference, scheduled for January 12, 2026, at 11:00 a.m. ET [1]. - The fireside chat will be available for live webcast and will be archived for later replay on the company's Investor Relations website [2].
Piper Sandler Maintains Neutral View on Sysco (SYY) Despite Demand Pressures
Yahoo Finance· 2026-01-02 23:26
Sysco Corporation (NYSE:SYY) is included among the 12 Best Income Stocks to Buy Now. Piper Sandler Maintains Neutral View on Sysco (SYY) Despite Demand Pressures On December 12, Piper Sandler lowered its price target on Sysco Corporation (NYSE:SYY) to $80 from $81 and kept a Neutral rating on the shares. The firm said restaurant stocks have pulled back recently, driven mostly by concerns around demand trends in the restaurant industry. That matters because restaurants remain the largest customer base for ...
Hormel Foods Foodservice Growth: Is This a Key Earnings Lever?
ZACKS· 2025-12-31 15:45
Core Insights - Hormel Foods Corporation's Foodservice segment is a key earnings driver, showing strong top-line momentum with net sales increasing by 4% year over year and organic net sales rising by 6% in Q4 of fiscal 2025, despite a reported volume decline of 5% [1][8] Group 1: Sales Performance - Foodservice net sales reached $3.94 billion in fiscal 2025, accounting for approximately one-third of Hormel Foods' total revenues, indicating its significance in the overall earnings mix [4] - Growth was observed across higher-value categories such as customized solutions, branded bacon, pepperoni, premium prepared proteins, and the Jennie-O turkey portfolio, reflecting Hormel Foods' focus on protein-centric, menu-ready solutions [2][8] Group 2: Profitability and Challenges - The Foodservice segment generated a profit of $134.4 million in Q4, which represents a 12.9% decline year over year due to elevated commodity-driven input costs and the impact of a chicken-product recall [3][8] - The segment's profitability is sensitive to input cost volatility and operational disruptions, despite solid sales execution [3] Group 3: Market Position and Valuation - Hormel Foods holds a Zacks Rank of 3 (Hold) and has seen its shares increase by 2.9% over the past month, outperforming the industry and broader Consumer Staples sector [5] - The company trades at a forward 12-month P/E ratio of 16.21, which is above the industry average of 12.42, indicating market expectations regarding its business stability [9] Group 4: Earnings Estimates - The Zacks Consensus Estimate for Hormel Foods' earnings per share has been revised upward, with the current fiscal year estimate increasing by 6 cents to $1.46 and the next fiscal year estimate rising by 5 cents to $1.58 [12]
Is Sysco's International Business Becoming a Key Growth Driver?
ZACKS· 2025-12-31 14:40
Core Insights - Sysco Corporation's international business is becoming a significant contributor to overall performance, driven by steady execution and improving fundamentals [1] Group 1: International Business Performance - The international segment is gaining traction as a stronger growth engine, providing both sales momentum and improving profitability across regions [1] - In Q1 of fiscal 2026, international local case volume grew approximately 5%, indicating solid engagement with local customers, which typically offer more attractive economics and less volatility [2] - International gross margin increased by 43 basis points to 20.8%, attributed to disciplined pricing, strategic sourcing, and improved supply-chain execution [3] Group 2: Profit Growth and Consistency - Adjusted operating income rose 13.1%, marking the eighth consecutive quarter of double-digit profit growth, with operational consistency across geographies playing a key role [4] - Every major international region contributed to growth, supported by higher service levels, reduced product shrink, and better productivity across the supply chain [4] Group 3: Long-term Outlook - Sysco's international business is evolving into a more durable growth driver, enhancing the company's diversification and reinforcing the quality of its long-term earnings profile [5]
Beyond Oil Announces Additional Order from Exclusive Distributor Pilpel Following Accelerated Market Adoption in Central Europe
Globenewswire· 2025-12-30 13:00
VANCOUVER, British Columbia, Dec. 30, 2025 (GLOBE NEWSWIRE) -- Beyond Oil Ltd. (TSX: BOIL) (OTCQB: BEOLF) (“Beyond Oil” or the “Company”), a food-tech innovation company dedicated to reducing health risks associated with fried food while lowering operational costs, minimizing waste and enhancing sustainability, today announced, that further to the news release dated September 4, 2025, Pilpel Hungary Kft. (“Pilpel”), Beyond Oil’s exclusive distributor in Hungary, Austria, the Czech Republic, and Slovakia, ha ...
Will 25% Sales Growth in Prepared Foods Continue for Pilgrim's Pride?
ZACKS· 2025-12-24 15:57
Core Insights - Pilgrim's Pride Corporation (PPC) reported over 25% year-over-year sales growth in its prepared foods segment for Q3 2025, driven by steady demand expansion rather than short-term factors [1][9] Sales Growth and Demand - The growth in prepared foods sales is supported by broader distribution with large retail and foodservice customers, with foodservice sales growing faster than the overall channel [2][9] - Brand performance, particularly the Just Bare brand, contributed significantly, with market share increasing by nearly 300 basis points year-over-year [3] Product Innovation - Over 80% of the sales growth in prepared foods came from newly launched items, indicating the importance of product innovation in driving demand [4][9] Operational Developments - The company is constructing a new prepared foods facility in Walker County, Georgia, to support branded products, including Just Bare, aligning capacity with demand [5] Future Growth Considerations - Sustaining a 25% growth rate may become challenging due to a larger revenue base and tougher comparisons, but recent results indicate growth is supported by distribution gains, brand performance, and product launches [6] Stock Performance - PPC shares have gained 6.1% over the past month, outperforming the industry and broader Consumer Staples sector [7]
This Consumer Staple Stock Is Up 25% in 2025. 1 Reason This Could Be Just the Beginning.
Yahoo Finance· 2025-12-20 22:05
Core Insights - The Chef's Warehouse is a prominent food distributor catering to high-end clients, including luxury hotels and Michelin-starred restaurants, focusing on the top 10% of earners globally [1][2] Financial Performance - The Chef's Warehouse has consistently exceeded earnings expectations for eight consecutive quarters, with Q3 2025 revenue reaching $1.02 billion, marking a 10% year-over-year increase from Q3 2024 and surpassing the consensus estimate of $986 million [4] - The company's stock has appreciated by 113% over the past two years, closing 2025 with three consecutive months of gains and a 25% increase for the year [5] - Analysts project a 7.2% increase in total sales for 2026, indicating a positive growth trajectory for the company [5][7] Market Position - The luxury food distribution market remains resilient, with high-income earners unlikely to reduce spending on fine dining, suggesting a stable demand for The Chef's Warehouse's products [2]
AVO Q4 Earnings Beat, International Farming Sales Soar 97% Y/Y
ZACKS· 2025-12-19 17:26
Core Insights - Mission Produce, Inc. (AVO) reported a decrease in sales but an increase in earnings for the fourth quarter of fiscal 2025, with both metrics surpassing Zacks consensus estimates [1][3][4] Financial Performance - Adjusted earnings per share (EPS) were 31 cents, exceeding the Zacks Consensus Estimate of 19 cents and up 10.7% from 28 cents in the same quarter last year [3][8] - Total revenues fell 10% year over year to $319 million from $354 million, yet this figure was above the Zacks Consensus Estimate of $312.3 million [4] - Gross profit was $55.7 million, with gross margin improving by 180 basis points to 17.5%, attributed to lower revenues from reduced per-unit pricing [5][8] - Adjusted EBITDA increased by 12% year over year to $41.4 million, driven by higher avocado production and increased volumes in the Marketing and Distribution segment [9][8] Segment Performance - Marketing & Distribution segment net sales decreased 15% year over year to $271.9 million, but adjusted EBITDA rose 11% to $2.7 million due to higher avocado volumes [10] - International Farming segment sales surged 97% year over year to $59.6 million, with adjusted EBITDA increasing 211% to $8.4 million, driven by higher yields and services [11] - Blueberries segment net sales increased 16% year over year to $36.5 million, although adjusted EBITDA fell to $4.7 million from $8.6 million in the previous year [12] Financial Position - As of the end of the quarter, the company had $64.8 million in cash and cash equivalents, $92.8 million in long-term debt, and $587.3 million in shareholders' equity [13] - Capital expenditures for the year totaled $51.4 million, focusing on avocado orchard development and blueberry cultivation [14] Future Outlook - For the first quarter of fiscal 2026, the company anticipates a 10% increase in avocado volumes, although pricing is expected to decline by 25% due to higher supply [15]
Best Value Stocks to Buy for Dec. 19
ZACKS· 2025-12-19 11:06
Group 1: SiriusPoint Ltd. (SPNT) - SiriusPoint Ltd. is an insurance company with a Zacks Rank 1, indicating strong performance potential [1] - The Zacks Consensus Estimate for its current year earnings has increased by 7.6% over the last 60 days [1] - The company has a price-to-earnings ratio (P/E) of 9.15, significantly lower than the S&P 500's P/E of 24.67, and possesses a Value Score of A [1] Group 2: John B. Sanfilippo & Son, Inc. (JBSS) - John B. Sanfilippo & Son, Inc. operates in the tree nuts and peanuts sector and also holds a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has risen by 7.8% over the last 60 days [2] - The company has a P/E ratio of 12.90, which is lower than the industry average of 14.80, and has a Value Score of A [2] Group 3: United Natural Foods, Inc. (UNFI) - United Natural Foods, Inc. is involved in the distribution of natural, organic, and specialty foods, and carries a Zacks Rank 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 7.4% over the last 60 days [3] - The company has a P/E ratio of 16.24, which is lower than the S&P 500's P/E of 24.67, and possesses a Value Score of A [3]
HF Foods Group Opens State-of-the-Art Distribution Warehouse in Powder Springs, GA
Globenewswire· 2025-12-18 21:05
Core Insights - HF Foods Group has opened a new 190,000 square foot distribution center in Powder Springs, Georgia, to meet increased market demand and expand its operational capacity [1][2] Company Expansion - The new facility allows HF Foods to service over 1,000 existing customers and reach additional businesses across Georgia, Alabama, Mississippi, and Tennessee [2] - The strategic location of the distribution center provides direct access to major transportation corridors, enhancing service delivery to customers [2] Technological Advancements - The distribution center features state-of-the-art equipment and technology, including advanced racking systems and warehouse automation, aimed at improving operational efficiency [3] - The company plans to implement these technologies across its operations nationwide to support sustainable growth [3] Employment and Community Impact - The facility currently employs over 50 individuals, with plans for further expansion throughout 2026 [3] - The Mayor of Powder Springs expressed enthusiasm for HF Foods' presence, highlighting the job opportunities it brings to the rapidly growing community [3] Company Overview - HF Foods Group is a leading distributor of foodservice solutions primarily to Asian restaurants across the United States, leveraging a nationwide network of distribution centers [4] - The company aims to meet the increasing demand for Asian American cuisine by maintaining strong relationships with growers and suppliers [4]