HF Foods Group (HFFG) Update / Briefing August 21, 2025 03:00 PM ET Speaker0We'd love to have you give us an overview of the HF food story as some of the listeners here today may be new to the name.Speaker1Yeah. So HF, we've been in business for almost three decades. You know, we are the market leader specifically in the Asian specialty food service space, which is projected to be, you know, the fastest growing segment of the broader space itself. Again, about roughly about a $15,000,000,000 top line busine ...

LAS VEGAS, Aug. 18, 2025 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ: HFFG) (“HF Foods” or the “Company”), a leading distributor of international foodservice solutions to Asian restaurants and other businesses across the United States, announced today that the Company will be participating in the virtual A.G.P. Consumer Showcase on Thursday, August 21, 2025. The HF Foods executive management team will host a fireside chat at 3:00 p.m. ET. The fireside chat will be webcast live and made available through ...

HF Foods ( HFFG ) recently reported its results . Interestingly, despite historically strong results, the stock failed to recover from the March rally and is now almost 19% below where I wrote my last article .Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ...

HF Foods Group Inc. (NASDAQ: HFFG ) is a national food distributor that has grown both by building its own operations and by acquiring other companies, and focuses mainly on serving independent Asian restaurants. On theI focus on producing objective, data-driven research, mostly about small- to mid-cap companies, as these tend to be overlooked by many investors. From time to time, though, I also look at large-cap names, just to give a fuller sense of the broader equity markets.Analyst’s Disclosure:I/we have ...

HF FOODS GROUP INC. (HFFG) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +9.09%. A quarter ago, it was expected that this company would post earnings of $0.13 per share when it actually produced earnings of $0.07, delivering a surprise of -46.15%.Over the last four quarters, the com ...

财务数据和关键指标变化 - 2025年第二季度净收入同比增长4 1%至3 149亿美元 毛利率提升13个基点至17 5% [5][12][13] - 毛利润同比增长5 1%至5510万美元 调整后EBITDA大幅增长31 1%至1380万美元 [5][12][14] - 营业利润同比增长56 9%至410万美元 净利润同比增长117%至50万美元 [13][14] - GAAP稀释每股收益从0增至0 02 非GAAP稀释每股收益从0 04增至0 12 [15] 各条业务线数据和关键指标变化 - 肉类和海鲜品类通过提价策略实现收入增长 冷冻海鲜销售受关税政策影响显著 [12][40] - 冷冻海鲜品类受印度虾类潜在关税上调(25%可能升至50%)影响 公司已进行战略性库存储备 [40][41] 各个市场数据和关键指标变化 - 东部沿海地区通过亚特兰大冷链设施扩建 冷冻海鲜销售能力将翻倍 [9] - 农业集中区域因移民政策变化导致自助餐厅客流下降 影响海鲜品类销售 [20][21] 公司战略和发展方向和行业竞争 - 数字化升级完成ERP系统全网上线 下一阶段将重组销售团队以优化成本 [7][8] - 亚特兰大和夏洛特分销中心改造将提升区域产能 创造2-3亿美元有机增长机会 [9][23] - 并购战略聚焦第一代经营者退出市场的小型标的 优先考虑已有业务覆盖区域的补强收购 [10][24] 管理层对经营环境和未来前景的评论 - 短期面临消费者支出减少和关税不确定性的双重压力 但长期增长战略不变 [6][29] - 目标在未来3-5年通过交叉销售和并购实现5%的EBITDA利润率 [47] - 预计2025年全年收入增速为2-2 5% 与行业平均水平一致 [28] 其他重要信息 - 库存水平达历史高位 反映公司对下半年潜在供应链中断的预防性准备 [41] - 99%客户为独立餐厅 经营模式抗风险能力较强 [20] 问答环节所有的提问和回答 问题: 亚洲特色餐饮细分市场表现及份额变化 - 自助餐厅受移民政策影响客流下降明显 但独立餐厅模式整体抗风险能力较强 [20][21] 问题: 战略投资项目优先级及资金安排 - 有机增长项目优先解决产能瓶颈 预计需2-3亿美元投资 并购侧重小型补强标的 [22][23][25] - 大部分资金可通过现金流解决 大型并购可能需调整资本结构 [25] 问题: 2025-2026年增长预期及长期目标 - 2025年收入增速预计2-2 5% 未来3-5年有机增长潜力约2-3亿美元 [28][29] 问题: 关税影响及客户价格传导能力 - 采用现货采购模式灵活应对关税变化 冷冻海鲜等刚需品类转嫁能力较强 [37][38][40] 问题: ERP系统实施后的效率提升路径 - 销售团队重组为首要优化方向 目标利润率提升至5%但具体幅度尚难量化 [45][47]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________________ to _______________________. 6325 South Rainbow Boulevard, Suite 420, Las Vegas, NV 89118 (Address of principal executive offices) (Zip Cod ...

Exhibit 99.1 HF Foods Reports Second Quarter 2025 Financial Results Management Commentary "We are pleased to report record net revenue and gross profit for HF Foods in the second quarter," said Felix Lin, President and Chief Executive Officer of HF Foods. "Our results demonstrate the continued momentum of our transformation initiatives and our disciplined execution against our strategic priorities, even amid a dynamic and uncertain macro environment. The successful completion of our ERP implementation acros ...

核心观点 - HF Foods Group Inc 2025年第二季度实现创纪录的净收入和毛利润 净收入同比增长4 1%至3 149亿美元 毛利润同比增长5 1%至5510万美元 [1][3][4][5] - 公司成功完成ERP系统全网络部署 为运营效率提升奠定基础 并积极寻求并购机会以扩大地理覆盖和产品能力 [3] - 调整后EBITDA同比大幅增长31 1%至1380万美元 非GAAP稀释每股收益从0 04美元提升至0 12美元 [8][10][29] 财务表现 - **收入增长**：肉类禽类和海鲜产品量价齐升推动净收入增长1250万美元 其中肉类禽类收入占比提升至35 8% [4][10] - **盈利能力**：毛利率提升10个基点至17 5% 运营收入从262万美元增至412万美元 净利润同比激增117%至50万美元 [5][7][10] - **费用控制**：分销及行政费用占比从16 5%降至16 2% 主要得益于收入增长和专业费用减少 [6] 运营与战略 - **数字化转型**：ERP系统全面上线建立统一运营平台 预计将显著提升供应链管理和技术基础设施效率 [3][30] - **资本结构**：截至2025年6月30日持有1570万美元现金 并通过1 25亿美元信贷额度获得5780万美元可用资金 [11] - **现金流改善**：上半年经营活动现金流从190万美元增至1050万美元 主要来自非现金费用调整 [11][25] 资产负债表 - **资产扩张**：总资产从5 50亿美元增至5 94亿美元 存货大幅增加2946万美元至1 272亿美元 反映业务规模扩大 [20] - **负债管理**：长期债务从1 03亿美元降至1 01亿美元 但融资租赁负债增加789万美元至2785万美元 [21] - **股东权益**：累计赤字微增至3 576亿美元 但非控制性权益从200万美元降至141万美元 [21][23] 非GAAP指标 - **调整后EBITDA构成**：剔除租赁担保收入等一次性项目后 业务转型成本增加49 9万美元 高管重组费用82 9万美元 [27] - **非GAAP净利润**：二季度调整后归属股东净利润从233万美元增至638万美元 主要受益于利率互换公允价值变动104 6万美元 [29] - **每股收益差异**：GAAP与Non-GAAP稀释EPS差距从0 04美元扩大至0 10美元 反映无形资产摊销等调整项影响 [29][31]

公司公告 - 公司将于2025年8月11日太平洋时间下午1:30（东部时间下午4:30）举行电话会议，讨论2025年第二季度财务业绩 [1][2] - 财务业绩发布时间为2025年8月11日美股收盘后，涵盖截至2025年6月30日的第二季度数据 [1] - 电话会议可通过公司投资者关系网站"Events"栏目参与，或拨打电话1-877-407-0752（美国）或1-201-389-0912（国际）接入 [2] 业务概况 - 公司是美国领先的亚洲餐厅食材供应商，主营新鲜农产品、冷冻/干货及非食品类产品的分销 [3] - 核心客户群体为全美范围内的亚洲餐厅及其他餐饮服务商，通过分布全国的配送中心网络支撑业务 [3] - 商业模式侧重满足亚洲美式餐饮需求，并与美国及亚洲的优质生鲜食材供应商保持紧密合作 [3] 基础信息 - 公司注册地位于内华达州拉斯维加斯，纳斯达克股票代码为"HFFG" [3] - 投资者关系联系人通过ICR机构对接，媒体联络人为Michael Wolfe [4]