HF Foods Group Inc.

HF Foods Group, Inc. is a food service distributor and marketer. It distributes fresh produce, frozen and dry food, and non-food products primarily to Asian and Chinese restaurants, and other foodservice customers throughout the Southeast, Pacific, and Mountain West regions of the United States. The firm currently has 14 distribution centers along the U.S. Eastern and Western seaboards. The company was founded in 1997 and is headquartered in Las Vegas, NV.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q3 2022

Earnings data Q2 2022

Earnings data Q1 2022

Earnings data Q4 2021

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

HF Foods Group, Inc. engages in the marketing and distribution of fresh produce, frozen and dry food, and non-food products to primarily independently operated Asian restaurants and other foodservice customers. The company leverages its network of distribution centers covering the United States, and partners with domestic and international suppliers to offer fresh, specialty restaurant food products to supply the demand for Asian American cuisine. HF Foods was founded in 1997 and is headquartered in Las Vegas, NV.

LAS VEGAS, May 01, 2024 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ: HFFG) (“HF Foods” or the “Company”), a leading food distributor to Asian restaurants across the United States, today announced that the Company will be participating virtually in the Sidoti Micro Cap Conference. The HF Foods executive management team is hosting a presentation that is scheduled to begin at 4:00 p.m. ET on Wednesday, May 8, 2024.

HF Foods To Participate in the Sidoti Micro Cap Conference

Pre-Recorded Earnings Call Webcast Will Be Available on Investor Relations Website Pre-Recorded Earnings Call Webcast Will Be Available on Investor Relations Website

HF Foods to Report First Quarter 2024 Results on May 8, 2024

Dollar Tree

Inter Parfums

Boston Beer Company

United Natural Foods

The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.

Top 5 Defensive Stocks That Are Set To Fly This Month - Dollar Tree (NASDAQ:DLTR), HF Foods Group (NASDAQ:HFFG)

HF Foods Group Inc. (NASDAQ:HFFG) Q4 2023 Results Conference Call March 14, 2024 8:00 AM ET

HF Foods Group Inc. (HFFG) Q4 2023 Earnings Call Transcript

Pre-Recorded Earnings Call Webcast Available on Investor Relations Website Company Continues to Execute Comprehensive, Operational Transformation Plan to Drive Growth and Cost Savings LAS VEGAS, March 14, 2024 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ: HFFG) (“HF Foods”, or the “Company”), a leading food distributor to Asian restaurants across the United States, reported unaudited financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial Results Net revenue decreased 3.8% to $280.9 million compared to $291.9 million in the prior year.

HF Foods Reports Fourth Quarter and Full Year 2023 Financial Results

LAS VEGAS, March 11, 2024 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ: HFFG) (“HF Foods” or the “Company”), a leading food distributor to Asian restaurants across the United States, today announced that the Company will be participating in the 36th Annual Roth Conference in Dana Point, CA. The HF Foods executive management team is hosting a presentation that is scheduled to begin at 8:00 a.m. PT on Monday, March 18, 2024.

HF Foods To Participate in the 36th Annual Roth Conference

HF Foods to Report Fourth Quarter and Full Year 2023 Results on March 14, 2024

LAS VEGAS, Feb. 09, 2024 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ: HFFG), a leading food distributor to Asian restaurants throughout the United States (“HF Foods”, or the “Company”), is pleased to announce the appointment of Mr. Xi Lin (aka Felix Lin) as President of the Company, in addition to his current role as the Company's Chief Operating Officer, effective February 12, 2024.

HF Foods Appoints Felix Lin as President of the Company

Innodata

Red Violet

Microcaps outperform in the long-run but buckle up and "control for junk".

Microcaps Offer Explosive Growth Potential

NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of HF Foods Group, Inc. (Nasdaq: HFFG) concerning the Company and its directors' and officers' possible violations of state laws. If you own HF Foods Group stock, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Tom Kennedy, of GPM, 230 Park Avenue, Suite 358, New York, NY 10169 at.

Glancy Prongay & Murray LLP Announces Investigation of HF Foods Group, Inc. (HFFG)

LAS VEGAS, Jan. 02, 2024 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ: HFFG) (“HF Foods” or the “Company”), a leading food distributor to Asian restaurants across the United States, today announced that the Company will be participating in the 2024 ICR Conference in Orlando, FL. The HF Foods executive management team is hosting a presentation that is scheduled to begin at 10:00 a.m. ET on Monday, January 8, 2024.

HF Foods To Participate in the 2024 ICR Conference

Pre-Recorded Earnings Call Webcast Available on Investor Relations Website Announces Comprehensive, Operational Transformation Plan to Drive Growth and Cost Savings LAS VEGAS, Nov. 09, 2023 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ: HFFG) (“HF Foods”, or the “Company”), a leading food distributor to Asian restaurants across the United States, reported financial results for the third quarter and nine months ended September 30, 2023. Third Quarter 2023 Financial Results Net revenue decreased 6.4% to $281.5 million compared to $300.7 million in the prior year.

HF Foods Reports Third Quarter 2023 Financial Results

First Half Record Net Revenue Focus is to Reduce Cost Structure and Transform Operations LAS VEGAS, Aug. 09, 2023 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ: HFFG), a leading food distributor to Asian restaurants across the United States (“HF Foods”, “HF Group” or the “Company”), reported financial results for the second quarter and six months ended June 30, 2023. Second Quarter 2023 Financial Results Net revenue decreased 2.4% to $292.3 million compared to $299.6 million in the prior year.

HF Foods Reports Second Quarter 2023 Financial Results

LAS VEGAS, June 05, 2023 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ: HFFG), a leading food distributor to Asian restaurants across the United States (“HF Foods”, “HF Group” or the “Company”), announced that it held its Combined 2022-2023 Annual Meeting of Stockholders (the “Annual Meeting”) on June 1, 2023.

HF Foods Holds Combined 2022-2023 Annual Meeting of Stockholders

HF Foods Takes Legal Action to Stop Group Attempting to Illegally Seize Control of the Company In Response, Group Withdraws Slate of Nominees in Connection with Annual Meeting LAS VEGAS, May 17, 2023 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ: HFFG), a leading food distributor to Asian restaurants across the United States (“HF Foods” or the “Company”), today announced that it filed a complaint (the “Complaint”) against Maodong Xu, Zhou Min Ni, Fai Lam in his capacity as Trustee of the Irrevocable Trust for Raymond Ni, Weihui Kwok, and Yuanyuan Wu (collectively, the “Xu Group”) in the United States District Court, District of Nevada. The Complaint alleges, among other things, that the Xu Group is attempting to seize control of HF Foods in violation of the federal securities laws through: obfuscating the true identity and purpose of their group as legally required and by filing false and misleading regulatory disclosures with the SEC, and conducting an illegal tender offer that includes strong-arming current HF Foods stockholders into selling their Company shares in violation of the Williams Act of 1968.

HF Foods Files Complaint in US District Court to Protect Stockholders and Employees

First Quarter Net Revenue up 6% to $293.9 Million Plan in Place to Reduce Cost Structure and Continue Focus on Improving Operations LAS VEGAS, May 10, 2023 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ: HFFG), a leading food distributor to Asian restaurants across the United States (“HF Foods”, “HF Group” or the “Company”), reported financial results for the first quarter ended March 31, 2023. First Quarter 2023 Financial Results Net revenue increased 6% to $293.9 million compared to $278.2 million in the prior year.

HF Foods Reports First Quarter 2023 Financial Results

LAS VEGAS, April 26, 2023 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ: HFFG), a leading food distributor to Asian restaurants across the United States (“HF Foods” or the “Company”), today announced that the Company has entered into a proposed settlement of a previously disclosed pending stockholder derivative complaint in the Court of Chancery of the State of Delaware (the “Court”) with respect to certain current and former officers and directors of the Company (the “Delaware Action”). The full terms of the settlement of the Delaware Action are to be incorporated into a long-form settlement agreement, which is subject to approval of the Court. Upon the execution of the long-form settlement agreement, the Delaware Action will be dismissed with prejudice, thereby resolving all existing and potential liability against all named defendants in the Delaware Action.

HF Foods Announces Proposed Settlement of Stockholder Derivative Complaint

LAS VEGAS, April 11, 2023 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ: HFFG), a leading food distributor to Asian restaurants across the United States (“HF Foods” or the “Company”), today announced that the Board of Directors (the “Board”) has approved the adoption of a limited duration stockholder rights plan (the “Rights Plan”) and declared a dividend distribution of one right (“Right”) for each outstanding share of the Company's common stock to stockholders of record as of the close of business on April 24, 2023.

HF Foods Adopts Limited Duration Stockholder Rights Plan

Annual Meeting to be held on June 1, 2023

HF Foods Announces Filing of 2022 Annual Report and Date of Combined 2022 & 2023 Annual Meeting of Stockholders

Full Year Net Revenue up 47% to $1.2 Billion

HF Foods Reports Fourth Quarter and Full Year 2022 Financial Results

LAS VEGAS, Feb. 14, 2023 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ: HFFG), a leading food distributor to Asian restaurants across the United States (“HF Foods” or the “Company”), announced today that it expects to hold its annual shareholders meetings for fiscal years ended December 31, 2021, and December 31, 2022, in a combined meeting (the “Combined Shareholders Meeting”) to be held no later than June 30, 2023, allowing it to regain compliance with Nasdaq Listing Rule 5620(a) and resolve the final pending Nasdaq delisting determination.

HF Foods Provides Update on Annual Meeting of Shareholders

LAS VEGAS, Jan. 31, 2023 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ: HFFG), a leading food distributor to Asian restaurants across the United States (“HF Foods” or the “Company”), announced today that the Company has filed its Form 10-K for the year ended December 31, 2021, its Form 10-Q for the quarter ended March 31, 2022, its Form 10-Q for the quarter ended June 30, 2022, and its Form 10-Q for the quarter ended September 30, 2022 with the Securities and Exchange Commission (the “SEC”). The Company believes that it is now in full compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of all required periodic reports with the SEC.

HF Foods Provides Update to Shareholders

LAS VEGAS, Jan. 19, 2023 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ: HFFG), a leading food distributor to Asian restaurants throughout the United States (“HF Foods”, “HF Group” or the “Company”), has appointed Prudence Kuai, a 25-year veteran of the healthcare industry and a thought leader in applying technological advancements in operational process automation, eCommerce, utilization of artificial intelligence and data analytics, to the Company's board of directors effective January 17, 2023.

HF Foods Appoints Prudence Kuai to its Board of Directors

LAS VEGAS, Nov. 17, 2022 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ: HFFG), a leading food distributor to Asian restaurants across the United States (“HF Foods” or the “Company”), announced today that the Company received an additional notification letter from the Listing Qualifications Department of The Nasdaq Stock Market, LLC (“Nasdaq”) on November 14, 2022 stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of all required periodic reports with the Securities and Exchange Commission (the “SEC”). The Nasdaq notification letter was sent as a result of the Company's delay in filing its Quarterly Report on Form 10-Q for the quarter ended September 30, 2022 (the “Q3 Form 10-Q”) and because the Company remains delinquent in filing its Form 10-K for the year ended December 31, 2021 (the “Form 10-K”), its Form 10-Q for the quarter ended March 31, 2022 (the “Q1 2022 Form 10-Q”) and its Form 10-Q for the quarter ended June 30, 2022 (the “Q2 2022 Form 10-Q” and, together with the Form 10-K, the Q1 2022 Form 10-Q and the Q3 2022 Form 10-Q, the “Delinquent Reports”). The Nasdaq notification letter has no immediate effect on the listing or trading of the Company's common stock on the Nasdaq Capital Market.

HF Foods Announces Receipt Of Additional Non-Compliance Letter From Nasdaq And Extension Of Stay Of Delisting Proceedings Until January 31, 2023

Net Revenue up 40% to $300.7 million Net Revenue up 40% to $300.7 million

News for HF Foods Group Inc. Stock (HFFG)