HF Foods Group (HFFG) Revenue & Revenue Breakdown
HF Foods Group Revenue Highlights
Latest Revenue (Y)
$1.15B
Latest Revenue (Q)
$302.34M
Main Segment (Y)
Seafood
Main Geography (Y)
CALIFORNIA
HF Foods Group Revenue by Period
HF Foods Group Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $1.15B | -1.88% |
| 2022-12-31 | $1.17B | 46.88% |
| 2021-12-31 | $796.88M | 40.59% |
| 2020-12-31 | $566.83M | 46.03% |
| 2019-12-31 | $388.16M | 33.39% |
| 2018-12-31 | $291.01M | -1.54% |
| 2017-12-31 | $295.55M | - |
HF Foods Group generated $1.15B in revenue during NA 2023, up -1.88% compared to the previous quarter, and up 394.66% compared to the same period a year ago.
HF Foods Group Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $302.34M | 2.26% |
| 2024-03-31 | $295.65M | 5.26% |
| 2023-12-31 | $280.87M | 0.08% |
| 2023-09-30 | $280.63M | -3.99% |
| 2023-06-30 | $292.31M | -0.53% |
| 2023-03-31 | $293.86M | 0.67% |
| 2022-12-31 | $291.90M | -2.93% |
| 2022-09-30 | $300.71M | 0.36% |
| 2022-06-30 | $299.64M | 7.70% |
| 2022-03-31 | $278.21M | 21.80% |
| 2021-12-31 | $228.41M | 5.97% |
| 2021-09-30 | $215.54M | 11.36% |
| 2021-06-30 | $193.55M | 21.44% |
| 2021-03-31 | $159.38M | 8.76% |
| 2020-12-31 | $146.55M | 4.74% |
| 2020-09-30 | $139.92M | 33.82% |
| 2020-06-30 | $104.56M | -40.52% |
| 2020-03-31 | $175.80M | 7.89% |
| 2019-12-31 | $162.94M | 115.25% |
| 2019-09-30 | $75.70M | 1.31% |
| 2019-06-30 | $74.72M | -0.11% |
| 2019-03-31 | $74.80M | 1.39% |
| 2018-12-31 | $73.77M | 4.85% |
| 2018-09-30 | $70.36M | -2.66% |
| 2018-06-30 | $72.29M | -3.07% |
| 2018-03-31 | $74.58M | 6.83% |
| 2017-12-31 | $69.81M | -7.65% |
| 2017-09-30 | $75.60M | -3.61% |
| 2017-06-30 | $78.43M | 9.37% |
| 2017-03-31 | $71.71M | - |
HF Foods Group generated $302.34M in revenue during Q2 2024, up 2.26% compared to the previous quarter, and up 102.89% compared to the same period a year ago.
HF Foods Group Revenue Breakdown
HF Foods Group Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Fresh Produce | $123.20M | $126.56M | $103.17M | - | - |
| Seafood | $361.22M | $354.22M | $123.81M | - | - |
| B&R Global | - | - | - | $345.48M | $86.06M |
| HF Foods | - | - | - | $221.35M | $302.10M |
HF Foods Group's latest annual revenue breakdown by segment (product or service), as of Dec 23: Seafood (74.57%), and Fresh Produce (25.43%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Seafood | $94.39M | $176.95M | $91.38M | $92.89M | $91.94M | $94.08M | $93.40M | $74.81M | - | - | - | - | - | - | - |
| Fresh Produce | $32.08M | $59.35M | $31.64M | $32.21M | $34.34M | $31.26M | $31.08M | $29.88M | - | - | - | - | - | - | - |
| Wholesales | - | - | - | - | - | - | - | - | $7.98M | $6.03M | $5.83M | - | - | - | - |
| Sales to Independent Restaurants | - | - | - | - | - | - | - | - | $207.56M | $187.52M | $153.56M | - | - | - | - |
| B&R Global | - | - | - | - | - | - | - | - | - | - | - | $87.13M | $81.54M | $63.91M | $112.90M |
| HF Foods | - | - | - | - | - | - | - | - | - | - | - | $59.42M | $58.38M | $40.65M | $62.91M |
HF Foods Group's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Seafood (74.63%), and Fresh Produce (25.37%).
HF Foods Group Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|
| UTAH | $52.46M | $8.25M | - |
| NORTH CAROLINA | $108.95M | $145.76M | - |
| GEORGIA | $46.99M | $65.17M | - |
| FLORIDA | $65.42M | $91.17M | $88.67M |
| CALIFORNIA | $193.00M | $54.88M | - |
| WASHINGTON | $30.16M | $9.08M | - |
| ARIZONA | $34.95M | $7.20M | - |
| COLORADO | $34.91M | $6.66M | - |
| Georgia | - | - | $63.55M |
| North Carolina | - | - | $138.79M |
HF Foods Group's latest annual revenue breakdown by geography, as of Dec 20: CALIFORNIA (34.05%), NORTH CAROLINA (19.22%), FLORIDA (11.54%), UTAH (9.25%), GEORGIA (8.29%), ARIZONA (6.17%), COLORADO (6.16%), and WASHINGTON (5.32%).
Quarterly Revenue by Country
| Country | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UTAH | $16.17M | $13.58M | $13.34M | $13.45M | $13.72M | $10.29M | $15.00M | - | - | - | - | - |
| WASHINGTON | $13.29M | $11.80M | $8.34M | $7.10M | $7.07M | $4.68M | $11.31M | - | - | - | - | - |
| GEORGIA | $18.15M | $16.63M | $14.61M | $12.29M | $12.52M | $8.07M | $14.10M | - | - | - | - | - |
| FLORIDA | $24.29M | $22.71M | $19.39M | $17.85M | $17.17M | $11.31M | $19.09M | $22.46M | $22.83M | $22.75M | $23.13M | $22.39M |
| COLORADO | $12.47M | $11.03M | $9.48M | $9.29M | $9.18M | $7.53M | $8.91M | - | - | - | - | - |
| NORTH CAROLINA | $37.16M | $33.70M | $30.03M | $29.28M | $28.69M | $21.27M | $29.72M | - | - | - | - | - |
| CALIFORNIA | $80.78M | $71.71M | $53.07M | $47.68M | $43.16M | $34.49M | $67.66M | - | - | - | - | - |
| ARIZONA | $13.24M | $12.38M | $11.14M | $9.61M | $8.42M | $6.91M | $10.01M | - | - | - | - | - |
| North Carolina | - | - | - | - | - | - | - | - | $36.81M | $35.62M | $35.26M | - |
| Georgia | - | - | - | - | - | - | - | - | $16.05M | $16.34M | $16.41M | - |
HF Foods Group's latest quarterly revenue breakdown by geography, as of Sep 21: CALIFORNIA (37.48%), NORTH CAROLINA (17.24%), FLORIDA (11.27%), GEORGIA (8.42%), UTAH (7.50%), WASHINGTON (6.17%), ARIZONA (6.14%), and COLORADO (5.78%).
HF Foods Group Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| PFGC | Performance Food Group | $58.28B | $13.86B |
| USFD | US Foods | $35.60B | $9.71B |
| UNFI | United Natural Foods | $30.27B | $7.50B |
| ANDE | Andersons | $14.75B | $2.80B |
| SPTN | SpartanNash | $7.48B | $2.26B |
| CHEF | Chefs' Warehouse | $3.43B | $954.70M |
| HFFG | HF Foods Group | $1.15B | $302.34M |
| CVGW | Calavo Growers | $971.95M | $184.38M |
| AVO | Mission Produce | $953.90M | $297.60M |
| WILC | G. Willi-Food | $543.26M | $136.04M |
HFFG Revenue FAQ
What is HF Foods Group’s yearly revenue?
HF Foods Group's yearly revenue for 2023 was $1.15B, representing a decrease of -1.88% compared to 2022. The company's yearly revenue for 2022 was $1.17B, representing an increase of 46.88% compared to 2021. HFFG's yearly revenue for 2021 was $796.88M, representing an increase of 40.59% compared to 2020.
What is HF Foods Group’s quarterly revenue?
HF Foods Group's quarterly revenue for Q2 2024 was $302.34M, a 2.26% increase from the previous quarter (Q1 2024), and a 3.43% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $295.65M, a 5.26% increase from the previous quarter (Q4 2023), and a 0.61% increase year-over-year (Q1 2023). HFFG's quarterly revenue for Q4 2023 was $280.87M, a 0.08% increase from the previous quarter (Q3 2023), and a -3.78% decrease year-over-year (Q4 2022).
What is HF Foods Group’s revenue growth rate?
HF Foods Group's revenue growth rate for the last 3 years (2021-2023) was 44.12%, and for the last 5 years (2019-2023) was 195.88%.
What are HF Foods Group’s revenue streams?
HF Foods Group's revenue streams in c 23 are Fresh Produce, and Seafood. Fresh Produce generated $123.2M in revenue, accounting 25.43% of the company's total revenue, down -2.65% year-over-year. Seafood generated $361.22M in revenue, accounting 74.57% of the company's total revenue, up 1.98% year-over-year.
What is HF Foods Group’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of HF Foods Group was Seafood. This segment made a revenue of $361.22M, representing 74.57% of the company's total revenue.