Hf Foods Group (NASDAQ:HFFG) Releases Earnings Results, Beats Expectations By $0.06 EPS

Hf Foods Group (NASDAQ:HFFG) released its quarterly earnings data on Monday. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.06, FiscalAI reports. The business had revenue of $323.78 million for the quarter, compared to analysts’ expectations of $320.54 million. Hf Foods Group had a positive return on equity of 6.94% and a negative net margin of 2.90%.

Here are the key takeaways from Hf Foods Group’s conference call:

• Revenue reached a record $323.8 million, up 2.8% year over year and marking the sixth consecutive quarter of growth, driven by volume gains and improved seafood pricing.
• Profitability remained under pressure, with gross margin declining to 17% and adjusted EBITDA falling 2% to $13.6 million as tariffs, fuel costs, softer dine-in traffic, and pricing concessions offset growth.
• HF Foods agreed to acquire Canadian seafood distributor Searay Foods for approximately $35 million, or about 5x baseline adjusted EBITDA; management expects the mid-teens-margin business to be immediately accretive to margins and EPS, subject to closing conditions.
• The company refinanced and expanded its credit facility, increasing revolver commitments to $140 million and extending maturities to 2031 and 2036, providing additional liquidity for the Searay deal and future acquisitions.
• Southeast seafood volumes are increasing, while Charlotte’s facility is expected to improve distribution efficiency in the fourth quarter; larger Midwest capacity benefits may not materialize until late 2026 or 2027.

Hf Foods Group Price Performance

Shares of NASDAQ:HFFG traded up $0.25 on Tuesday, hitting $1.81. The stock had a trading volume of 1,372,719 shares, compared to its average volume of 221,740. Hf Foods Group has a twelve month low of $1.38 and a twelve month high of $3.87. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.49 and a current ratio of 1.11. The firm’s 50 day moving average price is $1.70 and its 200-day moving average price is $1.84. The company has a market capitalization of $96.78 million, a price-to-earnings ratio of -2.66, a price-to-earnings-growth ratio of 0.43 and a beta of 0.58.

Wall Street Analyst Weigh In

Several brokerages have issued reports on HFFG. Weiss Ratings lowered shares of Hf Foods Group from a “sell (d-)” rating to a “sell (e+)” rating in a report on Thursday. Roth Capital reaffirmed a “buy” rating on shares of Hf Foods Group in a report on Wednesday, April 29th. Finally, Alliance Global Partners reiterated a “buy” rating on shares of Hf Foods Group in a research report on Thursday, July 23rd. Two investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Hf Foods Group currently has an average rating of “Hold” and a consensus price target of $5.50.

Hedge Funds Weigh In On Hf Foods Group

Institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in Hf Foods Group by 0.9% in the third quarter. Vanguard Group Inc. now owns 2,160,737 shares of the company’s stock valued at $5,964,000 after buying an additional 20,181 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Hf Foods Group by 1.7% in the 2nd quarter. Geode Capital Management LLC now owns 954,648 shares of the company’s stock worth $3,036,000 after acquiring an additional 15,714 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Hf Foods Group by 1.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 420,812 shares of the company’s stock valued at $1,161,000 after purchasing an additional 5,708 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in shares of Hf Foods Group by 9,703.0% during the fourth quarter. Russell Investments Group Ltd. now owns 349,576 shares of the company’s stock worth $752,000 after purchasing an additional 346,010 shares during the last quarter. Finally, Rothschild Wealth LLC acquired a new position in Hf Foods Group during the 4th quarter worth about $456,000. 24.02% of the stock is owned by institutional investors.

About Hf Foods Group

HF Foods Group, Inc, together with its subsidiaries, manufactures, imports and distributes a variety of ethnic and specialty food products primarily for retail and foodservice customers in the United States. The company focuses on value‐added fresh and frozen offerings that cater to growing consumer interest in Hispanic and other global cuisines. Its vertically integrated operations include in‐house manufacturing, procurement of specialty ingredients, and third‐party distribution partnerships.

The company’s product portfolio spans a broad range of categories, including fresh and frozen tamales, enchiladas, empanadas, tortillas and quesadillas, as well as shelf‐stable salsas, sauces, dips, spreads and snack items.