HF Foods Group

HFFG

Valor de mercado US$ 86,2 mi

LAS VEGAS, Sept. 18, 2026 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ: HFFG) (“HF Foods” or the “Company”), a leading distributor of international foodservice solutions to Asian restaurants and other businesses across the United States and Canada, today announced that it has terminated the Sales Agreement among the Company, D.A. Davidson & Co. and Roth Capital Partners, LLC, dated September 25, 2025 (the "Sales Agreement") and the At-The-Market (“ATM”) equity offering program it established on September 25, 2025, under which the Company could sell shares of its common stock for aggregate gross proceeds of up to $100 million. The termination is effective as of September 24, 2026.

Transaction marks HF Foods' first international expansion; expected to be immediately accretive to Margins and EPS Transaction marks HF Foods' first international expansion; expected to be immediately accretive to Margins and EPS

Hf Foods Group NASDAQ: HFFG reported record quarterly revenue in the second quarter of 2026, while profitability was pressured by tariffs, higher fuel expenses and softer dine-in traffic. Management also highlighted its pending acquisition of Canadian seafood importer and distributor Searay Foods as a key step in expanding beyond the United States.

HF Foods Group Inc. (HFFG) Q2 2026 Earnings Call Transcript

HF FOODS GROUP INC. (HFFG) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.06 per share.

Company to Host Conference Call with Prepared Remarks and Q&A at 1:30 p.m. PT Company to Host Conference Call with Prepared Remarks and Q&A at 1:30 p.m. PT

Strategic entry into Canada through the Vancouver metro market, one of North America's premier specialty Asian foods markets with deep multicultural ties

HF FOODS GROUP (HFFG) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Investors interested in stocks from the Food - Miscellaneous sector have probably already heard of HF FOODS GROUP INC. (HFFG) and Kerry Group PLC (KRYAY).

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.