Why did HFFG's EPS trend change in 2023?

HF Foods Group Inc. (HFFG) experienced a significant change in its EPS trend in 2023, shifting from a negative to a positive EPS in the fourth quarter. This change can be attributed to several factors: 1. **Cost Structure Reduction and Operation Transformation**: The company has been focusing on reducing its cost structure and transforming operations. These efforts likely led to improved profitability margins, resulting in a positive EPS. 2. **Revenue Growth**: The actual revenue for the period was $305.28 million, compared to an estimated revenue of $289.5 million. This discrepancy suggests that the company's revenue exceeded expectations, which could be attributed to successful operational improvements and market conditions. In conclusion, HFFG's EPS trend change in 2023 can be attributed to a combination of cost reduction efforts, operation transformation, and revenue growth. These factors collectively contributed to the company's improved financial performance, reflected in the positive EPS reported for the period.