{"schema_version":"secwatch.filing_event.v1","accession":"0001680873-24-000008","form_type":"8-K","ticker":"HFFG","cik":"0001680873","company_name":"HF Foods Group Inc.","filed_at":"2024-03-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.095861+00:00","generated_at":"2026-06-04T19:47:16.409836+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"HF Foods Q4 revenue down 3.8% to $280.9M; adjusted EBITDA up 372.6% to $20.4M","bullets":["Q4 net revenue $280.9M (down 3.8% YoY); gross margin expanded to 18.6% from 17.4%.","Q4 net income of $2.7M vs. net loss of $3.5M in prior year; adjusted EBITDA $20.4M, boosted by $10.0M legal settlement.","Full year 2023 net loss of $2.7M vs. net income $0.2M in 2022; revenue $1,148.5M (down 1.9% YoY).","Company exited low-margin chicken processing, implemented seafood centralized purchasing, and partnered with a national transportation provider.","Cash and equivalents $15.2M at Dec 31, 2023; $37.6M available under $100M credit line."],"urls":{"canonical":"https://secwatch.observer/filing/0001680873-24-000008","json":"https://secwatch.observer/filing/0001680873-24-000008.json","markdown":"https://secwatch.observer/filing/0001680873-24-000008.md","text":"https://secwatch.observer/filing/0001680873-24-000008.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1680873/000168087324000008/0001680873-24-000008-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1680873/000168087324000008/hffg-20240314.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T19:47:16.409836+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"65c941ab2a1d70e759265dd24ae9e752143472d6","claim":"HF Foods Group Inc. reported fourth quarter and fiscal year ended December 31, 2023 results: revenue $280.9 million, net income $2.7 million.","evidence_excerpt":"States, reported unaudited financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial Results • Net revenue decreased 3.8% to $280.9 million compared to $291.9 million in the prior year. • Gross profit increased 3.0% to $52.3 million compared to $50.7 million in the prior year. Gross profit margin increased to 18.6%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1680873/000168087324000008/0001680873-24-000008-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and fiscal year ended December 31, 2023"},{"label":"Revenue","value":"$280.9 million"},{"label":"Net income","value":"$2.7 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}