Earnings ·
HF Foods Group Inc. reported financial results for the second quarter ended June 30, 2026
HFFGHF Foods Group Inc.
HF Foods Group Inc. reported financial results for the second quarter ended June 30, 2026. Net revenue increased 2.8% year-over-year to $323.8 million, driven by volume growth and pricing improvements in Seafood and Commodity segments. GAAP net income rose 413.9% to $2.6 million, while adjusted net income grew 0.8% to $6.4 million. Adjusted EBITDA decreased 2.0% to $13.6 million due to incremental tariffs partially offset by IEEPA tariff refunds and employee retention credits. The company also announced an agreement to acquire Searay Foods, a Canadian importer of ethnic seafood, marking its first expansion outside the United States. HF Foods Group Inc. is a leading distributor of international foodservice solutions to Asian restaurants and other businesses across the United States.