AGM/EGMApr 26, 2026, 05:33 AM
HFFG Announces 2026 Annual Meeting, Director Elections
AI Summary
HF Foods Group Inc. announced its 2026 Annual Meeting of Stockholders will be held virtually on June 5, 2026. Key proposals include the election of four directors, ratification of BDO USA, P.C. as the independent auditor, and advisory votes on executive compensation and its frequency. The CEO's letter highlighted strong 2025 financial performance, with net revenue up 2.2% to ~$1.23 billion and adjusted EBITDA growing 6.9% to ~$45 million, alongside strategic progress like ERP implementation and capacity expansion.
Key Highlights
- 2026 Annual Meeting of Stockholders to be held virtually on June 5, 2026.
- Stockholders to elect four directors to the Board.
- Proposal to ratify BDO USA, P.C. as independent auditor for 2026.
- Advisory vote on executive compensation and its frequency.
- 2025 net revenue reached ~$1.23 billion, a 2.2% increase from 2024.
- 2025 gross profit was $207.6 million, up 1.2%.
- 2025 adjusted EBITDA grew 6.9% to ~$45 million.
- Company fully implemented a new ERP solution and expanded its Southeast US footprint.