HF Foods Reports Third Quarter 2024 Financial Results
HF Foods Group Inc. (HFFG)
Company Research
Source: GlobeNewswire
Increase in Net Revenue as Company Continues to Execute Operational Transformation Plan Pre-Recorded Earnings Call Webcast Available on Investor Relations Website LAS VEGAS, Nov. 12, 2024 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ: HFFG) (“HF Foods” or the “Company”), a leading food distributor to Asian restaurants across the United States, reported its unaudited financial results for the third quarter and nine months ended September 30, 2024. Third Quarter 2024 Financial Results Net revenue increased 6.0% to $298.4 million compared to $281.5 million in the prior year.Gross profit decreased 1.5% to $50.2 million compared to $50.9 million in the prior year. Gross profit margin decreased to 16.8% from 18.1% in the prior year.Net loss of $3.8 million compared to net income of $2.0 million in the prior year.Adjusted EBITDA decreased 17.7% to $8.3 million compared to $10.1 million in the prior year. Nine Months 2024 Financial Results Net revenue increased 3.3% to $896.4 millio
Show less
Read more
Impact Snapshot
Event Time:
HFFG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HFFG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HFFG alerts
High impacting HF Foods Group Inc. news events
Weekly update
A roundup of the hottest topics
HFFG
News
- HF Foods Group Third Quarter 2024 Earnings: US$0.075 loss per share (vs US$0.035 profit in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
- HF Foods Group Inc (HFFG) Q3 2024 Earnings Call Highlights: Strategic Initiatives Amidst ... [Yahoo! Finance]Yahoo! Finance
- HF Foods names Felix Lin as interim CEO [Seeking Alpha]Seeking Alpha
- HF Foods Announces CEO TransitionGlobeNewswire
- Is HF Foods Group Inc. (NASDAQ:HFFG) Potentially Undervalued? [Yahoo! Finance]Yahoo! Finance
HFFG
Earnings
- 11/12/24 - Miss
HFFG
Sec Filings
- 11/22/24 - Form 8-K
- 11/14/24 - Form 8-K/A
- 11/12/24 - Form 10-Q
- HFFG's page on the SEC website