HF Foods Group (HFFG) Revenue & Revenue Breakdown

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HF Foods Group Revenue Highlights

Latest Revenue (Y)

$1.15B

Latest Revenue (Q)

$297.62M

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
2024-09-30	$297.62M	-1.56%
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 $297.62M in revenue during Q3 2024, up -1.56% compared to the previous quarter, and up 101.82% 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
Seafood	$361.22M	$354.22M	$123.81M	-	-
Fresh Produce	$123.20M	$126.56M	$103.17M	-	-
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	Sep 24	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
Fresh Produce	$31.67M	$32.08M	$59.35M	$31.64M	$32.21M	$34.34M	$31.26M	$31.08M	$29.88M	-	-	-	-	-	-	-
Seafood	$98.83M	$94.39M	$176.95M	$91.38M	$92.89M	$91.94M	$94.08M	$93.40M	$74.81M	-	-	-	-	-	-	-
Sales to Independent Restaurants	-	-	-	-	-	-	-	-	-	$207.56M	$187.52M	$153.56M	-	-	-	-
Wholesales	-	-	-	-	-	-	-	-	-	$7.98M	$6.03M	$5.83M	-	-	-	-
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 Sep 24: Seafood (75.73%), and Fresh Produce (24.27%).

HF Foods Group Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 20	Dec 19	Dec 18
COLORADO	$34.91M	$6.66M	-
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	-
ARIZONA	$34.95M	$7.20M	-
WASHINGTON	$30.16M	$9.08M	-
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
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	-	-	-	-	-
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
CALIFORNIA	$80.78M	$71.71M	$53.07M	$47.68M	$43.16M	$34.49M	$67.66M	-	-	-	-	-
UTAH	$16.17M	$13.58M	$13.34M	$13.45M	$13.72M	$10.29M	$15.00M	-	-	-	-	-
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 Company	$58.28B	$15.19B
USFD	US Foods	$35.60B	$9.73B
UNFI	United Natural Foods	$30.98B	$7.87B
ANDE	Andersons	$14.75B	$2.62B
SPTN	SpartanNash Company	$7.48B	$2.26B
CHEF	Chefs' Warehouse	$3.43B	$931.45M
HFFG	HF Foods Group	$1.15B	$297.62M
CVGW	Calavo Growers	$971.95M	$179.60M
AVO	Mission Produce	$953.90M	$324.00M
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 Q3 2024 was $297.62M, a -1.56% decrease from the previous quarter (Q2 2024), and a 6.05% increase year-over-year (Q3 2023). The company'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). HFFG'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).

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 Seafood, and Fresh Produce. Seafood generated $361.22M in revenue, accounting 74.57% of the company's total revenue, up 1.98% year-over-year. Fresh Produce generated $123.2M in revenue, accounting 25.43% of the company's total revenue, down -2.65% 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.