Breaking Down HF Foods Group Inc. (HFFG) Financial Health: Key …

[relinking] Home Revenue Analysis Profitability Metrics Debt vs. Equity Liquidity and Solvency Valuation Analysis Risk Factors Growth Opportunities Understanding HF Foods Group Inc. …


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FAQs about Breaking Down HF Foods Group Inc. (HFFG) Financial Health: Key … Coupon?

Where is HF Foods headquartered?

HF Foods was founded in 1997 and is headquartered in Las Vegas, NV. View HF Foods Group, Inc. HFFG stock quote prices, financial information, real-time forecasts, and company news from CNN. ...

What happened to HF Foods Group Inc (hffg)?

On May 8, 2024, HF Foods Group Inc ( NASDAQ:HFFG ), a prominent distributor to Asian restaurants across the United States, announced its financial results for the first quarter ended March 31, 2024. ...

How did HF foods perform in the first quarter of 2024?

The first quarter of 2024 saw HF Foods achieve a marginal revenue growth of 0.6%, primarily driven by product cost inflation and strategic pricing adjustments, despite a $2.7 million revenue dip from exiting the chicken processing business last year. Gross profit saw a modest increase to $50.4 million, maintaining a gross margin of 17.1%. ...

How much cash does HF foods have?

As of March 31, 2024, HF Foods held $18.2 million in cash and had access to approximately $40.9 million in additional funds through a $100 million line of credit. HF Foods remains committed to its strategic goals and operational improvements, aiming to enhance its service offerings and operational efficiency further. ...

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