Net revenue grew 2.9% to $307 million in Q3 2025, fueled by volume increases and strategic pricing improvements, while adjusted EBITDA surged 41.5% to $11.7 million, highlighting robust operational execution amid macroeconomic challenges.

• Adjusted EBITDA increased significantly by 41.5% year-over-year to $11.7 million, reflecting strong operational focus and strategic initiatives.
• Strategic investments in digital transformation and capacity expansion, including a new ERP system and renovations to distribution centers, are expected to drive efficiencies and growth.
• Despite reduced foot traffic, robust sales activity in select markets offset challenges, maintaining steady revenue growth.
• HF Foods remains committed to M&A opportunities, aiming to expand its geographic footprint and operational synergies in the Asian specialty market.
• Significant progress in diversifying the supplier base and enhancing the supply chain to ensure continuity and cost-effectiveness.