HF Foods FY26 Q2 GAAP net income more than doubled to USD 2.6 million; revenue rises 2.8% to USD 323.8 million
HFFG•Company agrees to acquire Searay Foods
- HF Foods agreed to acquire Searay Foods, a Canadian importer and distributor of ethnic and specialty seafood, in its first expansion outside the US.
HF Foods reports higher quarterly revenue and net income
- HF Foods posted Q2 2026 net revenue up 2.8% to USD 323.8 million, marking its highest quarterly revenue on record.
- GAAP net income rose 413.9% to USD 2.6 million, with results boosted by employee retention credit income and IEEPA tariff refunds.
- Adjusted EBITDA slipped 2% to USD 13.6 million, while GAAP gross margin narrowed 0.5 percentage points to 17%.
