HF Foods Group Reports 7 Consecutive Quarters of Revenue Growth and Acquisition of Sea Ray Foods
HFFG HF Foods Group Inc
$1.49 +1.36%
View chart & analysis → - 1HF Foods Group Inc. announced its record of 7 consecutive quarters of revenue growth for the third quarter of 2026.
- 2HF Foods Group completed the acquisition of Sea Ray Foods on August 31.
- 3CFO Paul E. McGarry stated that profitability declined due to rising fuel costs and one-time expenses related to the Sea Ray acquisition and credit facility refinancing.
So what's the key point?
HF Foods Group has seen its revenue grow for 7 straight quarters and has acquired Sea Ray Foods. However, profitability decreased due to higher fuel costs and one-time expenses from the acquisition.
Source The Motley Fool +1 · View original ↗
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