HF Foods Reports Q3 2026 Revenue Growth Amid Fuel Cost Pressures and Canadian Expansion
HF Foods (HFFG) reported a 4.1% year-over-year increase in net revenue, reaching $319.6 million for the third quarter of 2026. Despite this growth, quarterly profitability was squeezed by rising distribution expenses driven by surging diesel prices. To mitigate these costs, management has implemented a fuel surcharge program to protect operating cash flows. The company is focusing on high-margin expansion through its recent acquisition of Sea Ray Foods, Inc., which contributed $4.2 million in revenue and $600,000 in adjusted EBITDA during its first month. Having completed major capital expenditures for distribution facilities and digital infrastructure, HF Foods is now shifting its strategic focus toward optimizing network efficiency and route discipline to drive long-term sustainable growth.
Topics: Acquisition Operating Cash Flow Revenue Growth Specialty Seafood Distribution