HF Foods Group Net Revenue Rises 2.9% to $307 Million in Q3 2025

Reuters11-11
HF Foods Group Net Revenue Rises 2.9% to $307 Million in Q3 2025

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.

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