HF Foods Reports Fourth Quarter and Full Year 2023 Financial Results
HF Foods Group Inc. (HFFG)
Company Research
Source: GlobeNewswire
Pre-Recorded Earnings Call Webcast Available on Investor Relations Website Company Continues to Execute Comprehensive, Operational Transformation Plan to Drive Growth and Cost Savings LAS VEGAS, March 14, 2024 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ: HFFG) (“HF Foods”, or the “Company”), a leading food distributor to Asian restaurants across the United States, reported unaudited financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial Results Net revenue decreased 3.8% to $280.9 million compared to $291.9 million in the prior year.Gross profit increased 3.0% to $52.3 million compared to $50.7 million in the prior year. Gross profit margin increased to 18.6% compared to 17.4% in the prior year.Net income (loss) increased to net income of $2.7 million compared to net loss of $3.5 million in the prior year.Adjusted EBITDA increased 372.6% to $20.4 million compared to $4.3 million in the prior year. Fu
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HFFG
News
- HF Foods To Participate in the Sidoti Micro Cap ConferenceGlobeNewswire
- HF Foods to Report First Quarter 2024 Results on May 8, 2024GlobeNewswire
- HF Foods appoints Cindy Yao as CFO [Seeking Alpha]Seeking Alpha
- HF Foods Appoints Cindy Yao as Chief Financial Officer [Yahoo! Finance]Yahoo! Finance
- HF Foods Appoints Cindy Yao as Chief Financial OfficerGlobeNewswire
HFFG
Sec Filings
- 4/25/24 - Form 8-K
- 4/24/24 - Form DEF
- 4/17/24 - Form 4
- HFFG's page on the SEC website