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HF Foods Group Acquires Chicago Distribution Facility

Story Highlights
  • HF Foods Group announced acquiring a Chicago distribution facility on September 29, 2025.
  • The acquisition supports HF Foods’ growth strategy by improving efficiency and expanding capacity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
HF Foods Group Acquires Chicago Distribution Facility

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The latest announcement is out from HF Foods Group ( (HFFG) ).

On September 29, 2025, HF Foods Group announced a binding purchase agreement to acquire a distribution facility in Chicago, Illinois, previously leased following its acquisition of Great Wall Seafood in 2022. This strategic move is part of HF Foods’ transformation plan to improve operational efficiency, reduce facility costs, and support long-term growth. The acquisition is expected to enhance the company’s Midwest distribution footprint, improve operating expenses, and expand capacity, benefiting local restaurant customers in the Chicago and Midwest region. Additionally, HF Foods’ At-the-Market equity offering program is anticipated to provide the financial flexibility needed for this acquisition and future business expansions.

The most recent analyst rating on (HFFG) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on HF Foods Group stock, see the HFFG Stock Forecast page.

Spark’s Take on HFFG Stock

According to Spark, TipRanks’ AI Analyst, HFFG is a Neutral.

HF Foods Group’s overall stock score is driven by mixed financial performance and bearish technical indicators. Despite strong earnings call highlights, ongoing profitability challenges and negative valuation metrics weigh on the score. The company’s strategic initiatives and operational improvements provide some optimism, but economic uncertainties and market conditions present risks.

To see Spark’s full report on HFFG stock, click here.

More about HF Foods Group

HF Foods Group Inc. is a leading marketer and distributor of fresh produce, frozen and dry food, and non-food products to primarily Asian restaurants and other foodservice customers throughout the United States. The company aims to supply the increasing demand for Asian American restaurant cuisine, leveraging its nationwide network of distribution centers and strong relations with growers and suppliers of fresh, high-quality specialty restaurant food products and supplies in the US and Asia.

Average Trading Volume: 81,229

Technical Sentiment Signal: Sell

Current Market Cap: $151.8M

See more insights into HFFG stock on TipRanks’ Stock Analysis page.

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