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HF Foods Group (HFFG) investor relations material
HF Foods Group Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net revenue rose 2.9% year-over-year to $307 million in Q3 2025, driven by higher volumes and improved pricing in Meat, Poultry, and Seafood, with operational improvements and transformation initiatives supporting results.
Adjusted EBITDA surged 41.5% to $11.7 million, reflecting strong execution, cost discipline, and business transformation.
Net loss narrowed to $0.9 million, down from $3.8 million, aided by operational gains and favorable swap contract changes.
Strategic initiatives, including digital transformation, centralized purchasing, and supply chain diversification, drove operational improvements and set the stage for continued growth.
Major infrastructure investments, such as the Atlanta cold storage expansion and Chicago warehouse acquisition, are expected to fuel organic growth and efficiency.
Financial highlights
Net revenue increased to $307 million from $298.4 million year-over-year, with gross profit at $50.4 million and gross margin at 16.4%.
Adjusted EBITDA rose to $11.7 million from $8.3 million; adjusted net income increased to $4.3 million from $2.1 million; adjusted EPS doubled to $0.08.
DS&A expenses fell to $49.3 million, or 16.1% of revenue, due to higher revenue and lower insurance costs.
Net loss attributable to shareholders improved to $1.1 million from $3.9 million.
Cash at quarter-end was $12.3 million, with access to $49.8 million in additional credit.
Outlook and guidance
Q4 results are expected to be similar to Q3, with continued confidence in long-term growth strategy and ongoing capital investments.
Capacity in Atlanta will nearly double by year-end, with incremental volume gains anticipated in 2026 and full utilization over several years.
Maintenance CapEx typically ranges $10–$15 million annually, but will be higher in the near term due to facility investments.
Management expects continued benefits from transformation initiatives, including margin expansion and cost savings.
Cash flow from operations is expected to meet working capital needs for at least the next twelve months.
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