HF Foods Group Reports Modest Revenue Growth in Q1 2025

Hf Foods Group ( (HFFG) ) has released its Q1 earnings. Here is a breakdown of the information Hf Foods Group presented to its investors.

HF Foods Group Inc., a prominent distributor of international foodservice solutions to Asian restaurants across the United States, has reported its financial results for the first quarter of 2025, showcasing modest growth in net revenue and gross profit. The company, headquartered in Las Vegas, Nevada, is known for its extensive distribution network and strong supplier relationships, catering to the growing demand for Asian American cuisine.

In its latest earnings report, HF Foods Group announced a 0.9% increase in net revenue, reaching $298.4 million, and a 1.1% rise in gross profit, totaling $51.0 million. Despite the challenges of inflationary pressures and one fewer operational day, the company maintained a stable gross profit margin of 17.1%. However, the quarter also saw a net loss of $1.5 million, attributed mainly to unfavorable changes in interest rate swap contracts.

Key financial metrics highlighted in the report include an adjusted EBITDA increase of 12.3% to $9.8 million, reflecting the company’s strategic efforts in business transformation and operational efficiency. Operating expenses were well-managed, decreasing slightly year-over-year, and represented 16.7% of net revenue. The company also reported a decrease in cash flow from operating activities, primarily due to increased accounts receivable and inventory purchases.

Looking ahead, HF Foods Group remains focused on enhancing margins, streamlining operations, and investing in strategic technology to support long-term profitability. Despite the fluid macroeconomic and trade policy environment, the company is confident in its ability to sustain growth through operational discipline and targeted customer expansion.