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LAS VEGAS, Oct. 28, 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, today announced the appointment of Felix Lin as Interim Chief Executive Officer (CEO). Mr. Lin assumes the role of CEO, in addition to his current roles of President and Chief Operating Officer (COO). Mr. Lin replaces HF Foods' previous CEO, Peter Zhang. The leadership transition is not due to any disagreement with Mr. Zhang regarding the Company's financial reporting, policies or practices. Mr. Zhang remains on the Board of Directors. With extensive experience in operational management and financial strat
Increase in Net Revenue, Gross Profit, Gross Profit Margin, Net Income and Adjusted EBITDA Pre-Recorded Earnings Call Webcast Available on Investor Relations Website LAS VEGAS, Aug. 06, 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 second quarter and six months ended June 30, 2024. Second Quarter 2024 Financial Results Net revenue increased 3.4% to $302.3 million compared to $292.3 million in the prior year.Gross profit increased 3.6% to $52.5 million compared to $50.7 million in the prior year. Gross profit margin increa
LAS VEGAS, Aug. 01, 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, today announced it will report financial results for the second quarter ended June 30, 2024, on Tuesday, August 6, 2024, after market close. Prepared remarks from members of the executive management team discussing these results with additional comments and details will be made available through the "Events" section of the Company's Investor Relations website at https://investors.hffoodsgroup.com. The webcast will be archived and available for replay. About HF Foods Group Inc. HF Foods Group Inc. is a lea
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LAS VEGAS, Oct. 28, 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, today announced the appointment of Felix Lin as Interim Chief Executive Officer (CEO). Mr. Lin assumes the role of CEO, in addition to his current roles of President and Chief Operating Officer (COO). Mr. Lin replaces HF Foods' previous CEO, Peter Zhang. The leadership transition is not due to any disagreement with Mr. Zhang regarding the Company's financial reporting, policies or practices. Mr. Zhang remains on the Board of Directors. With extensive experience in operational management and financial strat
LAS VEGAS, July 05, 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, today announced the appointment of Dr. Yujie Wang to the Company's board of directors effective immediately. Simultaneously with the appointment of Dr. Wang, Prudence Kuai has departed from her position as a director of the Company. As a result of the appointment of Dr. Wang, the Company's board of directors continues to be comprised of four independent directors and Mr. Peter Zhang, the CEO of the Company. Dr. Wang is a veteran of the food production industry with more than 25 years of experience in produ
LAS VEGAS, June 28, 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, today announced the appointment of Maria Ross to the Company's board of directors effective immediately. Simultaneously with the appointment of Ms. Ross, Dr. Hong Wang has departed from his position as a director of the Company. As a result of the appointment of Ms. Ross, the Company's board of directors continues to be comprised of four independent directors and Mr. Peter Zhang, the CEO of the Company. Ms. Ross is a supply chain executive with over 30 years of experience, focused on team development, stra
HF Foods Group (NASDAQ:HFFG) reported quarterly losses of $(0.01) per share. This is a 90.91 percent increase over losses of $(0.11) per share from the same period last year. The company reported $295.65 million in sales this quarter. This is a 0.61 percent increase over sales of $293.86 million the same period last year.
LAS VEGAS, Aug. 01, 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, today announced it will report financial results for the second quarter ended June 30, 2024, on Tuesday, August 6, 2024, after market close. Prepared remarks from members of the executive management team discussing these results with additional comments and details will be made available through the "Events" section of the Company's Investor Relations website at https://investors.hffoodsgroup.com. The webcast will be archived and available for replay. About HF Foods Group Inc. HF Foods Group Inc. is a lea
LAS VEGAS, May 01, 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, today announced it will report financial results for the first quarter ended March 31, 2024, on Wednesday, May 8, 2024, before market open. Prepared remarks from members of the executive management team discussing these results with additional comments and details will be made available through the "Events" section of the Company's Investor Relations website at https://investors.hffoodsgroup.com. The webcast will be archived and available for replay. About HF Foods Group Inc. HF Foods Group Inc. is a leadi
LAS VEGAS, March 07, 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, today announced it will report financial results for the fourth quarter and full year ended December 31, 2023, on Thursday, March 14, 2024, before market open. Prepared remarks from members of the executive management team discussing these results with additional comments and details will be made available through the "Events" section of the Company's Investor Relations website at https://investors.hffoodsgroup.com. The webcast will be archived and available for replay. About HF Foods Group Inc. HF Foods