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HF Foods Group

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uuid00024f3

Namestring
HF Foods Group
Legal namestring
HF Foods Group Inc.
Company typeenum
Public
Founded yearint
2017
Descriptiontext

HF Foods Group Inc. is a Nasdaq-listed (HFFG) wholesale foodservice distributor specializing in Asian specialty food products for restaurants and foodservice operators across the United States. Founded in 2017 and headquartered in Las Vegas, Nevada, the company operates as a single integrated distribution offering rather than a multi-product platform, sourcing and delivering specialty Asian ingredients, seafood, and ambient food products through company-owned distribution facilities including its Atlanta/Southeast (HF Atlanta, LLC) and Chicago/Midwest operations.

The company's go-to-market is a B2B direct-distribution model serving independent Asian restaurants and SMB foodservice customers, with revenue generated transactionally on delivered shipments. It expanded its owned asset base in 2025 by purchasing the Chicago distribution facility it had previously leased since the 2022 Great Wall Seafood acquisition, and completed a digital transformation initiative intended to support operational efficiency. Distribution channels consist entirely of direct delivery through company-operated facilities, with marketing activity confined to investor relations and conference participation.

Financially, HF Foods reported Q4 2025 net revenue of $1.23 billion (up 2.2% year-over-year) and Q3 2025 net revenue of $307 million (up 2.9%), with approximately $45 million of 2025 EBITDA reflecting nearly 7% year-over-year growth. The company is funded through a $125 million asset-secured revolving credit facility led by JPMorgan Chase Bank (extended to 2031 via a Fifth Amendment with Wells Fargo and Fifth Third Bank) and a $100 million At-The-Market equity program established in 2025. Recent governance actions include a stockholder rights plan with a 15% trigger adopted in June 2026 and ongoing board refreshment, including the appointment of Taylor S. Brown as an independent director.

Short descriptiontext

HF Foods Group is a Nasdaq-listed wholesale foodservice distributor that supplies specialty Asian food products, ingredients, and supplies to independent restaurants and foodservice operators across the United States through its own distribution facilities.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersCity Of Industry, United States
HQ citystring
City Of Industry
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
Asian foodservice distribution, specialty food wholesale, restaurant supply chain, ethnic food distribution, frozen seafood distribution
Industry3 codes
1National/Multiregional Broadline Foodservice Distributors
CodeAFAIAAAAPrimaryYes
2Specialty & Gourmet Foods Wholesale Distribution
CodeCRAOAAAIPrimaryNo
3Temperature-Controlled Foodservice/Institutional Supply Wholesale
CodeAFAIAHAKPrimaryNo
NAICS code2 codes
  • Fish and Seafood Merchant Wholesalers42446
  • Meat and Meat Product Merchant Wholesalers42447
SIC code1 code
  • Wholesale-Groceries & Related Products5140
Product category
Foodservice Distribution
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Foodservice Distribution
TypeTransaction Fee
Description

Revenue generated from distributing food products, ingredients, and supplies primarily to Asian restaurants and foodservice customers across the United States. The company operates as a food distributor serving the ethnic and specialty foods segment.

in.investing.com
Marketing channels2 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

HF Foods Group is a wholesale foodservice distributor that supplies specialty Asian food products, ingredients, seafood, and ambient supplies primarily to independent Asian restaurants and foodservice operators across the United States. The company operates company-owned distribution facilities with cold-storage and ambient storage capacity, leveraging a B2B direct distribution model. It addresses the ethnic and specialty foods segment of the foodservice supply chain through dedicated sourcing and regional logistics capabilities.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 7% EBITDA growth in 2025
+3 more records
Product overview1 text field

HF Foods Group is a Nasdaq-listed food distribution company that supplies food products primarily to Asian restaurants and foodservice customers across the United States. The company operates as a single integrated distribution offering rather than a platform with modular products. Its core business involves distributing Asian specialty food products, operating distribution facilities, and providing cold-storage and ambient storage capacity to serve the foodservice supply chain.

Product and service3 records
1Asian foodservice distribution
CategoryFoodservice Distribution
2Midwest distribution (Chicago facility)
CategoryFoodservice Distribution
3Southeast distribution (HF Atlanta, LLC)
CategoryFoodservice Distribution
Scale indicator8 records

Each record includes

Type, Value, Description, Source

Recent move9 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Largest broadline foodservice distributor in the U.S. (NYSE: SYY). Directly comparable business model of B2B foodservice distribution to restaurants; HF Foods competes for the same Asian-restaurant customers from a specialty-assortment angle.

TypeBroad incumbent
Description

Major broadline foodservice distributor (NYSE: USFD). Same core business of distributing food products to restaurants and foodservice operators; overlaps with HF Foods on Asian restaurant customers via broader assortment.

TypeBroad incumbent
Description

Large-cap foodservice and convenience distributor (NYSE: PFGC). Operates broadline foodservice distribution with comparable scale, customer base of restaurants, and warehouse-driven logistics model.

TypeDirect peer
Description

Specialty foodservice distributor (NASDAQ: CHEF) focused on independent restaurants and ethnic/ specialty cuisines. Most directly comparable to HF Foods by virtue of its specialty, restaurant-focused distribution model and similar end-market of independent chefs/operators.

TypeBroad incumbent
Description

Wholesale distributor of natural, organic, and specialty foods (NYSE: UNFI). Comparable wholesale/distribution model with specialty-assortment orientation; overlaps in the wholesale-distribution-of-specialty-foods category.

TypeOthers
Description

Membership warehouse club (NYSE: BJ) that serves small businesses including restaurants through bulk grocery distribution. Operates an adjacent wholesale-grocery model with overlap in foodservice supply.

TypeRegional player
Description

Discount grocery retailer (NASDAQ: GO) sourcing opportunistic specialty and ethnic food inventories. Adjacent in the specialty/ ethnic wholesale-grocery supply chain but focused on retail rather than foodservice.

TypeOthers
Description

Mass-market discount retailer with extensive small-format grocery distribution (NYSE: DG). Operates a related small-customer wholesale and grocery distribution infrastructure at a meaningfully larger scale.

TypeBroad incumbent
Description

Large multi-format grocery operator (NYSE: ACI) with private-label and ethnic-assortment capabilities, distribution centers, and foodservice supply relationships — a broader incumbent whose distribution infrastructure competes for the same ethnic grocery supply chain.

TypeRegional player
Description

Specialty grocer (NASDAQ: SFM) emphasizing natural, organic, and specialty foods. Comparable in product-assortment philosophy (specialty/ ethnic SKUs) and small-format grocery distribution model.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries2 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds2 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors2 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

HF Foods Group

Foodservice Distributionhffoodsgroup.com

HF Foods Group is a Nasdaq-listed wholesale foodservice distributor that supplies specialty Asian food products, ingredients, and supplies to independent restaurants and foodservice operators across the United States through its own distribution facilities.

What HF Foods Group does

HF Foods Group Inc. is a Nasdaq-listed (HFFG) wholesale foodservice distributor specializing in Asian specialty food products for restaurants and foodservice operators across the United States. Founded in 2017 and headquartered in Las Vegas, Nevada, the company operates as a single integrated distribution offering rather than a multi-product platform, sourcing and delivering specialty Asian ingredients, seafood, and ambient food products through company-owned distribution facilities including its Atlanta/Southeast (HF Atlanta, LLC) and Chicago/Midwest operations.

The company's go-to-market is a B2B direct-distribution model serving independent Asian restaurants and SMB foodservice customers, with revenue generated transactionally on delivered shipments. It expanded its owned asset base in 2025 by purchasing the Chicago distribution facility it had previously leased since the 2022 Great Wall Seafood acquisition, and completed a digital transformation initiative intended to support operational efficiency. Distribution channels consist entirely of direct delivery through company-operated facilities, with marketing activity confined to investor relations and conference participation.

Financially, HF Foods reported Q4 2025 net revenue of $1.23 billion (up 2.2% year-over-year) and Q3 2025 net revenue of $307 million (up 2.9%), with approximately $45 million of 2025 EBITDA reflecting nearly 7% year-over-year growth. The company is funded through a $125 million asset-secured revolving credit facility led by JPMorgan Chase Bank (extended to 2031 via a Fifth Amendment with Wells Fargo and Fifth Third Bank) and a $100 million At-The-Market equity program established in 2025. Recent governance actions include a stockholder rights plan with a 15% trigger adopted in June 2026 and ongoing board refreshment, including the appointment of Taylor S. Brown as an independent director.

HF Foods Group firmographics

Firmographics
Name
HF Foods Group
Legal name
HF Foods Group Inc.
Website
https://hffoodsgroup.com
Company type
Public
Founded year
2017
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
HF Foods Group is a Nasdaq-listed wholesale foodservice distributor that supplies specialty Asian food products, ingredients, and supplies to independent restaurants and foodservice operators across the United States through its own distribution facilities.
Ownership category
akta.pro rank

HF Foods Group industry classification

Industry
Product category
Foodservice Distribution
NAICS
Fish and Seafood Merchant Wholesalers (42446), Meat and Meat Product Merchant Wholesalers (42447)
SIC
Wholesale-Groceries & Related Products (5140)
akta.pro primary industry
National/Multiregional Broadline Foodservice Distributors (AFAIAAAA)
akta.pro secondary industries
Specialty & Gourmet Foods Wholesale Distribution (CRAOAAAI), Temperature-Controlled Foodservice/Institutional Supply Wholesale (AFAIAHAK)

Keywords

  • Asian foodservice distribution
  • Specialty food wholesale
  • Restaurant supply chain
  • Ethnic food distribution
  • Frozen seafood distribution

Where HF Foods Group is headquartered

Location

Headquarters

HQ city
City Of Industry
HQ country
United States
HQ region
North America

Offices2 records

Markets served

HF Foods Group business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

  1. Foodservice Distribution: Revenue generated from distributing food products, ingredients, and supplies primarily to Asian restaurants and foodservice customers across the United States. The company operates as a food distributor serving the ethnic and specialty foods segment.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

HF Foods Group product offering

Product offering

Core offering

HF Foods Group is a wholesale foodservice distributor that supplies specialty Asian food products, ingredients, seafood, and ambient supplies primarily to independent Asian restaurants and foodservice operators across the United States. The company operates company-owned distribution facilities with cold-storage and ambient storage capacity, leveraging a B2B direct distribution model. It addresses the ethnic and specialty foods segment of the foodservice supply chain through dedicated sourcing and regional logistics capabilities.

Product overview

HF Foods Group is a Nasdaq-listed food distribution company that supplies food products primarily to Asian restaurants and foodservice customers across the United States. The company operates as a single integrated distribution offering rather than a platform with modular products. Its core business involves distributing Asian specialty food products, operating distribution facilities, and providing cold-storage and ambient storage capacity to serve the foodservice supply chain.

Differentiator

Problem solved

Functional benefit

Products and services

  • Asian foodservice distribution
  • Midwest distribution (Chicago facility)
  • Southeast distribution (HF Atlanta, LLC)

Quantifiable outcome

  • 7% EBITDA growth in 2025
  • +3 more outcomes

Companies that use HF Foods Group

Customer profile

Named customers1 record

Segments1 record

Ideal customer profiles1 record

HF Foods Group technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

HF Foods Group partnerships and signals

Strategic signal

Scale indicators8 records

Recent moves9 records

Expansion highlights5 records

HF Foods Group competitors and assessment

Company assessment

Broad incumbents

  • Sysco Corporation: Largest broadline foodservice distributor in the U.S. (NYSE: SYY). Directly comparable business model of B2B foodservice distribution to restaurants; HF Foods competes for the same Asian-restaurant customers from a specialty-assortment angle.
  • US Foods Holding Corp: Major broadline foodservice distributor (NYSE: USFD). Same core business of distributing food products to restaurants and foodservice operators; overlaps with HF Foods on Asian restaurant customers via broader assortment.
  • Performance Food Group: Large-cap foodservice and convenience distributor (NYSE: PFGC). Operates broadline foodservice distribution with comparable scale, customer base of restaurants, and warehouse-driven logistics model.
  • United Natural Foods: Wholesale distributor of natural, organic, and specialty foods (NYSE: UNFI). Comparable wholesale/distribution model with specialty-assortment orientation; overlaps in the wholesale-distribution-of-specialty-foods category.
  • Albertsons Companies: Large multi-format grocery operator (NYSE: ACI) with private-label and ethnic-assortment capabilities, distribution centers, and foodservice supply relationships — a broader incumbent whose distribution infrastructure competes for the same ethnic grocery supply chain.

Direct peers

  • The Chefs' Warehouse: Specialty foodservice distributor (NASDAQ: CHEF) focused on independent restaurants and ethnic/ specialty cuisines. Most directly comparable to HF Foods by virtue of its specialty, restaurant-focused distribution model and similar end-market of independent chefs/operators.

Others

  • BJ's Wholesale Club: Membership warehouse club (NYSE: BJ) that serves small businesses including restaurants through bulk grocery distribution. Operates an adjacent wholesale-grocery model with overlap in foodservice supply.
  • Dollar General: Mass-market discount retailer with extensive small-format grocery distribution (NYSE: DG). Operates a related small-customer wholesale and grocery distribution infrastructure at a meaningfully larger scale.

Regional players

  • Grocery Outlet Holding Corp: Discount grocery retailer (NASDAQ: GO) sourcing opportunistic specialty and ethnic food inventories. Adjacent in the specialty/ ethnic wholesale-grocery supply chain but focused on retail rather than foodservice.
  • Sprouts Farmers Market: Specialty grocer (NASDAQ: SFM) emphasizing natural, organic, and specialty foods. Comparable in product-assortment philosophy (specialty/ ethnic SKUs) and small-format grocery distribution model.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

HF Foods Group social profiles

Digital presence

HF Foods Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

HF Foods Group leadership team

Management profile

Number of profiles

Profiles5 records

HF Foods Group subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

HF Foods Group funding detail

Funding detail

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

HF Foods Group M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HF Foods Group

What does HF Foods Group do?

HF Foods Group is a wholesale foodservice distributor that supplies specialty Asian food products, ingredients, seafood, and ambient supplies primarily to independent Asian restaurants and foodservice operators across the United States. The company operates company-owned distribution facilities with cold-storage and ambient storage capacity, leveraging a B2B direct distribution model. It addresses the ethnic and specialty foods segment of the foodservice supply chain through dedicated sourcing and regional logistics capabilities.

Is HF Foods Group a public or private company?

HF Foods Group is a public company. It is classified as public and is currently operating.

When was HF Foods Group founded?

HF Foods Group was founded in 2017. It employs 1,001 to 5,000 people.

Where is HF Foods Group based?

HF Foods Group is headquartered in City Of Industry, United States, in the North America region.

How does HF Foods Group make money?

One revenue line is on record: foodservice Distribution.

Who are HF Foods Group's main competitors?

Broad incumbents on record are Sysco Corporation, US Foods Holding Corp, Performance Food Group, United Natural Foods and Albertsons Companies. The Chefs' Warehouse is listed as a direct peer. Others are BJ's Wholesale Club and Dollar General. Regional players are Grocery Outlet Holding Corp and Sprouts Farmers Market.

Does HF Foods Group have an API?

No public API is recorded for HF Foods Group.

What industry is HF Foods Group in?

HF Foods Group's product category is Foodservice Distribution. Its primary akta.pro industry code is AFAIAAAA, National/Multiregional Broadline Foodservice Distributors, with a secondary code of CRAOAAAI, Specialty & Gourmet Foods Wholesale Distribution. Its NAICS code is 42446 and its SIC code is 5140.

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Live signals
American Banking and Market NewsReviewing Hf Foods Group (NASDAQ:HFFG) & Casey’s General Stores (NASDAQ:CASY)Casey's General Stores and Hf Foods Group are compared on valuation, earnings, and analyst ratings. Casey's has higher revenue and earnings, but Hf Foods trades at a lower P/E and has a higher consensus target price, implying greater upside. Analysts favor Hf Foods, which beats Casey's on 11 of 14 factors.American Banking and Market NewsContrasting Hf Foods Group (NASDAQ:HFFG) & Maplebear (NASDAQ:CART)Maplebear and Hf Foods Group are compared on analyst ratings, valuation, and profitability. Maplebear has higher revenue and earnings, while Hf Foods Group shows higher potential upside from its lower price-to-earnings ratio. Maplebear beats Hf Foods Group on 13 of 14 factors.Ticker ReportAnalyzing Hf Foods Group (NASDAQ:HFFG) & Ingles Markets (NASDAQ:IMKTA)Ingles Markets and Hf Foods Group are compared on valuation, dividends, risk, institutional ownership, earnings, and profitability. Ingles Markets has higher revenue and earnings, while Hf Foods Group trades at a lower P/E ratio and has a higher analyst price target. Ingles Markets beats Hf Foods Group on 10 of 14 factors.Markets DailyHf Foods Group (NASDAQ:HFFG) vs. Ahold (OTCMKTS:ADRNY) Head to Head AnalysisAhold and Hf Foods Group are compared on profitability, valuation, and analyst ratings. Ahold has higher revenue and earnings, while Hf Foods Group trades at a lower price-to-earnings ratio and has a higher institutional ownership. Analysts rate Hf Foods Group more favorably, with a consensus target price of $5.50.Defense World643,499 Shares in Hf Foods Group Inc. $HFFG Purchased by BlackRock Inc.BlackRock Inc. purchased 643,499 shares of Hf Foods Group in Q2, valued at about $907,000, bringing its stake to roughly 1.20%. Analysts rate the stock a consensus 'Hold' with a $5.50 target, and the company reported Q2 EPS of $0.12, beating estimates.Markets DailyHead to Head Analysis: Wm Morrison Supermarkets (OTCMKTS:MRWSF) and Hf Foods Group (NASDAQ:HFFG)Hf Foods Group and Wm Morrison Supermarkets are compared on profitability, risk, and analyst ratings. Hf Foods Group beats on 8 of 9 factors, with a consensus price target of $5.50 implying 210.73% upside. Wm Morrison Supermarkets has lower revenue but higher earnings.Ticker ReportHead-To-Head Survey: Hf Foods Group (NASDAQ:HFFG) versus Ahold (OTCMKTS:ADRNY)Ahold and Hf Foods Group are compared across profitability, valuation, and analyst ratings. Ahold has higher revenue and earnings, while Hf Foods Group trades at a lower P/E ratio and has a higher institutional ownership. Analysts rate Hf Foods Group more favorably, with a consensus price target of $5.50.Ticker ReportFY2026 EPS Estimates for Hf Foods Group Decreased by AnalystSidoti analyst D. Harriman lowered Hf Foods Group's FY2026 EPS estimate to $0.32 from $0.33 in a note issued Wednesday, August 12th, with a FY2027 estimate of $0.57. The stock opened at $1.81 Monday, trading above its 50-day moving average of $1.69.Ticker ReportHf Foods Group (NASDAQ:HFFG) Announces Earnings Results, Beats Estimates By $0.06 EPSHf Foods Group reported earnings on Monday, posting $0.12 earnings per share for the quarter, surpassing analysts' estimates by $0.06. The company's revenue reached $323.78 million, driven by volume gains and improving seafood pricing, marking six consecutive quarters of growth. Additionally, Hf Foods announced the acquisition of Canadian seafood distributor Searay Foods for approximately $35 million, which is expected to positively impact margins and earnings per share.YahooHF Foods Group Inc (HFFG) (Q2 2026) Earnings Call Highlights: Record Revenue and Strategic ...HF Foods Group reported record Q2 2026 net revenue of $323.8 million, a 2.8% year-over-year increase, while net income rose to $2.6 million due to lower prior-year comparables. The company faces margin pressure from rising fuel and tariff costs, which drove up distribution expenses and compressed gross profit margins despite stable gross profit totals. Strategic initiatives include the acquisition of Searay Foods and a refinanced credit facility to support liquidity and long-term efficiency gains.