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HF Foods Group ( (HFFG) ) has provided an announcement.
On February 12, 2025, HF Foods Group Inc. amended its credit agreement with JPMorgan Chase Bank and Comerica Bank to increase its aggregate revolving commitment by $25 million, bringing it to $125 million. The agreement also added Wells Fargo as an additional lender, demonstrating the banking partners’ confidence in HF Foods’ growth strategy and positioning it to capitalize on favorable market trends and the growing demand for Asian food.
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. Headquartered in Las Vegas, Nevada, the company leverages its nationwide network of distribution centers and strong relations with growers and suppliers of specialty restaurant food products and supplies in the US, South America, and Asia.
YTD Price Performance: -22.98%
Average Trading Volume: 43,868
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $130.8M
For a thorough assessment of HFFG stock, go to TipRanks’ Stock Analysis page.
