HF Foods Group Inc. reported net revenue of $307.0 million for the third quarter of 2025, an increase of 2.9% from $298.4 million in the same period last year. The increase was mainly driven by higher sales volume and improved pricing in Meat & Poultry and Seafood. Gross profit was $50.4 million, up slightly from $50.2 million in the prior year period, with the gross profit margin at 16.4% compared to 16.8% last year, attributed to a higher proportion of lower margin Seafood sales. Distribution, selling, and administrative expenses decreased by 0.7%, or $0.4 million. The company reported a GAAP net loss of $0.9 million, a decrease of 77.2% compared to the previous year. Adjusted EBITDA rose by 42% to $11.7 million. HF Foods stated it continues to evaluate merger and acquisition opportunities to expand its geographical footprint and is investing in infrastructure and technology.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HF Foods Group Inc. published the original content used to generate this news brief on November 10, 2025, and is solely responsible for the information contained therein.
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