Summary
HF Foods Group May Sell Stock To Pay For An Acquisition
HF Foods Group appears undervalued, with current prices reflecting dilution risk from a potential $100 million stock sale, but not future growth uses. HFFG is restructuring sales operations, expanding warehouse capacity, and leveraging its niche in Asian restaurant distribution for organic growth and margin improvement. Dilution remains the main risk; however, past stock issuances funded accretive mergers, and HFFG has strong cash flow for smaller projects without major dilution.
HF Foods: New Numbers, Old Problems
HF Foods continues to struggle with weak restaurant traffic and tariff pressures, limiting its ability to impress the market post-Q1 pop. HFFG's recent investments in private labels, sourcing diversification, and logistics aim to narrow the margin gap with larger peers, but progress remains slow. Despite triple-digit profit growth and stronger sales, HFFG's margins, cash flow, and debt levels remain concerning, keeping the stock near 52-week lows.
HF FOODS GROUP INC. (HFFG) Misses Q3 Earnings Estimates
HF FOODS GROUP INC. (HFFG) came out with quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.12 per share.
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Hf Foods Group Inc. Profile
| Consumer Staples Distribution & Retail Industry | Consumer Staples Sector | Xi Lin CEO | NASDAQ (CM) Exchange | 40417F109 CUSIP |
| US Country | 1,015 Employees | - Last Dividend | - Last Split | 7 Sep 2017 IPO Date |
Overview
HF Foods Group Inc. operates as an influential distributor within the United States, focusing on supplying a broad spectrum of food and non-food products primarily to Asian and Chinese restaurants and other foodservice entities. This multifaceted distribution network emphasizes the importance of catering to the diverse needs of the food service industry with an extensive range of specialty items. By centrally locating its headquarters in Las Vegas, Nevada, HF Foods Group Inc. is strategically positioned to manage its operations and logistics effectively, ensuring that it can serve its vast clientele efficiently across the nation.
Products and Services
- Seafood: Comprising a variety of options such as lobsters, shrimp, crabs, scallops, and various types of fish, HF Foods Group Inc. caters to the high demand for seafood among Asian and Chinese cuisines, offering both common and exotic selections to meet diverse culinary needs.
- Asian Specialty Food Items: This category encompasses a wide array of essential ingredients used in Asian cooking, including staples like noodles and rice, dried goods such as mushrooms and beans, a variety of sauces and seasonings for flavoring, canned products like preserved vegetables, bamboo shoots, and water chestnuts, and ready-to-serve items like spring rolls.
- Meat and Poultry Products: HF Foods Group Inc. provides a significant selection of meat and poultry, including beef, pork, chicken, and duck, ensuring restaurants have access to high-quality ingredients for a variety of dishes that require fresh and flavorful meat as a base.
- Fresh Produce: Recognizing the importance of fresh vegetables and fruits in Asian cuisine, the company offers an extensive range of produce to ensure that kitchens can prepare dishes with the freshest ingredients possible, enhancing both the taste and nutritional value of their meals.
- Commodities: To support the operational needs of foodservice establishments, HF Foods Group Inc. also distributes essential commodities like oil, flour, sugar, and salt, which are fundamental to both cooking and baking processes in any professional kitchen.
- Packaging and Other Items: Understanding the needs of modern foodservice businesses, especially in terms of take-out services, the company supplies a variety of packaging solutions and other related items to ensure that restaurants can offer their customers convenient and reliable options for dining at home or on the go.
Contact Information
