HF Foods Group Sets New Records Amid Challenges: Revenue, Gross Profit, and Net Income Soar

HF Foods Group reported record Q2 earnings, with net revenue up 4.1% YoY to $314.9 million and gross profit increasing 5.1% to $55.1 million. Adjusted EBITDA grew 31.1% YoY to $13.8 million, and net income surged 117% YoY to $0.5 million. However, the company faced challenges such as reduced foot traffic, immigration policy impacts, and tariff uncertainties. Despite these challenges, HF Foods remains optimistic about its future, focusing on diversifying its supplier base and enhancing digital infrastructure to drive long-term growth.