HF Foods Group Inc. Reports Third‑Quarter 2025 Results

HF Foods Group Inc. (NASDAQ: HFFG), a distributor of fresh produce, frozen and dry food products, and non‑food items to Asian‑Chinese restaurants and other food‑service customers in the Southeast United States, announced its financial performance for the quarter ended September 30, 2025. The company’s results were released on November 10, 2025, in a press release distributed by Globe Newswire and subsequently covered by Seeking Alpha and finanzen.net.

Key Highlights

MetricThird Quarter 2025YoY Change
Net revenue$307 million+2.9 % (up $8.6 million)
Net loss$0.9 million↓77.2 % (from $2.96 million)
Adjusted EBITDA$11.7 million+42 % (from $3.4 million)
Adjusted earnings per share$0.08+100 % (from $0.04)

The company’s non‑GAAP earnings per share of $0.08, while positive, fell short of analysts’ expectations of $0.12 by $0.04, as noted by Seeking Alpha. However, the revenue beat the consensus estimate of $303.3 million by $3.59 million, reflecting a steady demand for the company’s products across its target market.

Management Commentary

“We delivered solid financial performance in the third quarter, demonstrating continued momentum from our transformation initiatives,” said Felix Lin, President of HF Foods Group. “Our focused investments in supply‑chain efficiencies and digital ordering platforms are beginning to translate into higher gross margins and improved profitability.” Lin also highlighted the company’s strategic emphasis on expanding its market share in the Southeast region, where it has cultivated strong relationships with restaurant chains and independent operators.

Analyst Outlook

According to a brief outlook issued by finanzen.net on November 9, 2025, analysts projected the company’s quarterly earnings to shift from a loss of $0.005 per share to a modest profit of $0.055 per share in 2025. They also anticipated a 1.65 % increase in revenue for the quarter, bringing the company’s FY2025 sales to an estimated $1.23 billion—an uptick from the $1.20 billion reported in the previous fiscal year.

Financial Context

HF Foods Group’s market capitalization stands at approximately $126 million, with a price‑to‑earnings ratio of –2.62, reflecting the company’s recent transition from a net‑loss to a net‑profit regime. The stock’s 52‑week high of $4.93 and low of $1.70 illustrate significant volatility, yet the company’s latest results suggest a steady path toward profitability.


HF Foods Group’s third‑quarter performance underscores its ongoing transformation strategy and the resilience of its niche market in the food‑service distribution sector. The company’s ability to turn a GAAP net loss into a solid adjusted EBITDA gain, coupled with revenue growth, positions it well for continued expansion in the upcoming quarters.