Revenue Growth
Net revenue increased 4.5% year-over-year to $312.0M (from $298.4M), driven by volume growth and improved pricing in seafood and commodity categories.
Adjusted EBITDA Improvement
Adjusted EBITDA rose 3.8% year-over-year to $10.1M (from $9.8M), reflecting margin management and cost control despite macro headwinds.
Return to Net Profit and EPS Recovery
Net income attributable to HF Foods Group Inc. was $1.2M for the quarter versus a net loss of $1.6M in the prior-year quarter. GAAP EPS improved to $0.20 from a loss per share of $0.03.
Operational Transformation Milestones
Completed ERP implementation and consolidated two sales call centers into one unified team (Dec 2025), enabling purchasing consolidation, route optimization, consistent pricing, and lower sales commission/DS&A spend.
Facility and Capacity Investments
Acquired previously leased Chicago facility and expanding capacity: Charlotte facility largely ready (pending permits) expected operational late Q2 2026; Atlanta freezer expansion to nearly double cold storage from 10k to 20k sq ft, enhancing cross-selling and regional distribution efficiency.
Improved SG&A Efficiency
Distribution, selling & administrative (DS&A) expenses decreased $0.3M to $49.5M and fell as a percentage of net revenue to 15.9% from 16.7%, reflecting tighter cost control.
Strategic M&A Pipeline
Management reports increased inbound M&A interest from smaller operators under pressure, and maintains disciplined focus on tuck-in acquisitions to expand geographic footprint and capture synergies.
Large Addressable Market & Market Leadership
Company highlighted a $50B addressable market and noted it is the largest player in the U.S. Asian specialty space at just over $1B in net revenue, signaling significant runway for organic and M&A-driven growth.