HF Foods Expands Southeast Operations with Charlotte Entry
HF Foods Group has announced ambitious expansion plans during its latest earnings call, targeting a Charlotte market launch in late Q2 or early Q3 of 2026. The company's strategic push into the Carolinas represents a significant growth opportunity as it strengthens its footprint across the Southeast region. Simultaneously, the company is expanding its Atlanta cold storage facility to 20,000 square feet, enhancing its logistics capabilities to support increased distribution demands across multiple markets.
Financial performance in the first quarter showed modest but positive momentum, with revenue increasing 4.5 percent year-over-year. EBITDA also expanded during the period, demonstrating operational improvements despite ongoing market challenges.
MA
Tuesday, May 12, 2026 at 9:20 AM
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