Superior Uniform Group

Superior Group of Cos., Inc. engages in the manufacture and sale of uniforms, corporate identity apparel, career apparel, and accessories to the medical and health fields as well as for the industrial, commercial, leisure, and public safety industries. It operates through the following segments: Uniforms and Related Products, Remote Staffing Solutions, and Promotional Products. The Uniforms and Related Products segment consists of the sale of uniforms and related items. The Remote Staffing Solutions segment consists of the sale of staffing solutions. The Promotional Products segment focuses on the sale of promotional products and other branded merchandise. The company was founded in 1920 and is headquartered Seminole, FL.

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Earnings data Q4 2024

Superior Uniform Group reports mixed Q4 results, eyes growth opportunities

Superior Uniform Group (SGC) navigated Q4 with mixed segment performances, highlighting strengths in branded products and contact center while facing challenges in healthcare apparel.
Management's cautious yet optimistic outlook for 2023, focusing on efficiency and growth opportunities, sets the tone for strategic initiatives and margin improvement.
The company's emphasis on acquiring sales talent, launching a direct-to-consumer website, and honoring key executives underscores a commitment to long-term growth and shareholder value.

Superior Uniform Group faces revenue decline but eyes growth opportunities

Superior Uniform Group's Q1 2023 performance reflects revenue declines and EBITDA challenges across segments.
The company aims to leverage investments in technology and talent to drive growth and enhance margins.
Challenges include labor cost pressures, pricing dynamics, and market impacts on performance.
Opportunities exist in strategic investments, market expansion, and operational efficiency improvements.

Superior Uniform Group reports solid Q2 results amid growth opportunities

Superior Uniform Group's Q2 performance showcased revenue growth in key segments, cost management efforts, and a revised full-year outlook with expectations for stronger performance ahead.
While facing challenges such as revenue guidance concerns and supply chain disruptions, the company's focus on financial stability, growth initiatives, and market positioning presents opportunities for future success.
Analysts' inquiries into various aspects of the company's operations indicate areas for improvement and strategic focus, highlighting the need for continued diligence and proactive measures.

Superior Uniform Group reports mixed Q3 results, eyes margin sustainability

Superior Uniform Group's Q3 performance showed mixed results with revenue growth sequentially but a decline YoY.
The company demonstrated strengths in gross margin improvement and strong operating cash flow.
Challenges include flat healthcare apparel segment revenues and a revised full-year revenue outlook.

Superior Uniform Group (SGC) reports robust Q4 performance and optimistic 2024 outlook

Superior Uniform Group (SGC) showcased a strong Q4 2023 performance, with notable improvements in revenues, EBITDA, and EPS. The company's strategic focus on balance sheet strength, customer-centric approach, and optimistic outlook for 2024 positions it well for continued success and growth.

Superior Uniform Group posts strong Q1 results, raises full-year guidance

Superior Uniform Group's Q1 2024 performance reflects robust revenue growth, enhanced profitability, and a positive market outlook across key segments.
The company's strengthened financial position, raised guidance, and focus on organic growth underscore its resilience and strategic foresight.
While challenges like margin maintenance persist, Superior Uniform Group is well-positioned to leverage opportunities in expanding segments and evolving market conditions.

Superior Uniform Group (SGC) faces challenges but anticipates revenue recovery

Superior Uniform Group (SGC) navigated challenges in Q2 2024, with revenue impacted by supply chain delays and softening market conditions. Despite this, the company demonstrated strength in the Branded Products and contact center segments.
Increased marketing efforts and a strong pipeline of business in the contact center segment provide opportunities for revenue recovery and growth. However, slower customer decision-making and rising SG&A expenses remain key challenges.
Looking ahead, Superior Uniform Group (SGC) maintains its full-year outlook, expecting revenues in the range of $563 million to $570 million and earnings per diluted share between $0.73 to $0.79, indicating a focus on operational resilience and profitability.

Superior Uniform Group (SGC) reports robust Q3 performance and growth outlook

Superior Uniform Group (SGC) showcased resilience and growth in Q3 2024, driven by strong performance across segments.
Despite challenges from customer hesitancy, the company maintained profitability and operational efficiency.
With a solid financial position and maintained guidance, SGC is poised for continued success and strategic expansion.

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Superior Group of Cos., Inc. engages in the manufacture and sale of uniforms, corporate identity apparel, career apparel, and accessories to the medical and health fields as well as for the industrial, commercial, leisure, and public safety industries. It operates through the following segments: Branded Products, Healthcare Apparel, and Contact Centers. The Branded Products segment produces and sells customized merchandising solutions, promotional products and branded uniform programs. The Healthcare Apparel segment manufactures and sells a wide range of healthcare apparel, such as scrubs, lab coats, protective apparel and patient gowns. The Contact Centers segment offers outsourced, nearshore business process outsourcing, contact and call-center support services. The company was founded in 1920 and is headquartered in St. Petersburg, FL.

SEMINOLE, Fla., Aug. 08, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Superior Group of Companies, Inc. (NASDAQ: SGC) announced that the Board of Directors declared a quarterly dividend of $0.14 per share, payable September 2, 2022, to shareholders of record as of August 19, 2022.

Superior Group of Companies Declares Increased Regular Quarterly Cash Dividend

– Total Sales Increased 13% Over Prior Year Quarter to $148 Million – – Sales Growth in Branded Products of 29% and Contact Center Sales of 37% –  – Healthcare Apparel Sales Were $26 Million Versus $37 Million Prior Year Quarter – – Net Loss was ($26.7) Million Versus $6.4 Million Prior Year Quarter, Including One-time Non-cash After-tax Charges of $28 Million and $4.5 Million, respectively –

Superior Group of Companies, Inc. Reports Operating Results for the Second Quarter Ended June 30, 2022

SEMINOLE, Fla., Aug. 01, 2022 (GLOBE NEWSWIRE) -- Superior Group of Companies, Inc. (NASDAQ: SGC) (the “Company”) today announced that it intends to release the results of its operations for the second quarter 2022 after the market close on Monday, August 8, 2022. Michael Benstock, Chief Executive Officer and Mike Koempel, Chief Financial Officer will host a teleconference at 5:00 p.m. Eastern Time on that day to discuss the Company's results and answer appropriate questions.

Superior Group of Companies Announces Second Quarter 2022 Earnings Conference Call and Webcast

SEMINOLE, Fla., June 23, 2022 (GLOBE NEWSWIRE) -- The Office Gurus®, a division of Superior Group of Companies, Inc. (NASDAQ: SGC), has been recognized as the Nearshore Company of the Year at the 2022 Nexus Illuminate Awards in New York. The awards are presented by Nearshore Americas each year during the annual Nexus Conference to celebrate the very best organizations, top level performers, and examples of best in class vision and leadership in the Nearshore region.

The Office Gurus Wins Nearshore Company of the Year at the 2022 Nexus Illuminate Awards

Despite inflation and supply chain disruptions, the company grew revenues, defended margins, and grew the dividend by 17%. Expect more M&A in the medium term, especially supporting the promotional segment.

Superior Results For Superior Group of Companies Despite Headwinds

Andrew D. Demott, Jr. to Remain as Chief Operating Officer and Director; Announces Retirement as an Employee Effective in 2023 Andrew D. Demott, Jr. to Remain as Chief Operating Officer and Director; Announces Retirement as an Employee Effective in 2023

Superior Group of Companies Announces Michael Koempel as New Chief Financial Officer

Peter Benstock to Focus on Transition and Strategic Initiatives; Announces Retirement Effective in 2023 Peter Benstock to Focus on Transition and Strategic Initiatives; Announces Retirement Effective in 2023

Superior Group of Companies Taps Top Level Apparel and Footwear Executive Catherine Beldotti Donlan as President, Superior Uniform Group, Healthcare;

Superior Group of Companies, Inc. (NASDAQ:SGC ) Q1 2022 Earnings Conference Call May 4, 2022 2:00 PM ET Company Participants Jeff Elliott - Partner and Senior Manager Director, Three Part Advisors Michael Benstock - CEO Andrew Demott - COO and CFO Jake Himelstein - BAMKO, President Phil Koosed - Chief Strategy Officer Conference Call Participants Kevin Steinke - Barrington Research Operator Good afternoon, everyone. Welcome to the Superior Group of Companies First Quarter 2022 Conference Call.

Superior Group of Companies, Inc. (SGC) CEO Michael Benstock on Q1 2022 Results - Earnings Call Transcript

Superior Group of Companies, Inc. Reports Operating Results for the First Quarter Ended March 31, 2022

LOS ANGELES, May 02, 2022 (GLOBE NEWSWIRE) -- BAMKO ® , LLC, the branded merchandise division of Superior Group of Companies, Inc.™ (NASDAQ: SGC), today announced the acquisition of substantially all of the assets of Guardian Products, Inc. (“Guardian”) of Norcross, Georgia. The transaction closed effective as of May 1, 2022. Guardian, with trailing twelve-month revenue of approximately $23 million dollars, is a branded merchandise company that is one of the leading providers of promotional products to automotive dealers nationwide. The acquisition of Guardian is expected to be immediately accretive and is a natural extension of BAMKO's December 2021 acquisition of Sutter's Mill Specialties, which is also focused on the automotive dealer space.

BAMKO Acquires Guardian Products

SEMINOLE, Fla., April 27, 2022 (GLOBE NEWSWIRE) -- Superior Group of Companies, Inc. (NASDAQ: SGC) (the “Company”) today announced that it intends to release the results of its operations for the first quarter 2022 before the market opens on Wednesday, May 4, 2022. Michael Benstock, Chief Executive Officer, Andrew D. Demott, Jr., Chief Operating Officer and Chief Financial Officer, Phil Koosed, Chief Strategy Officer, and Jake Himelstein, President of BAMKO, will host a teleconference at 2:00 p.m. Eastern Time on that day to discuss the Company's results and answer appropriate questions.

Superior Group of Companies Announces First Quarter 2022 Earnings Conference Call and Webcast

SEMINOLE, Fla., March 23, 2022 (GLOBE NEWSWIRE) -- On March 9, 2022, Superior Group of Companies, Inc. (the "Company") issued a press release announcing its financial results for the year ended December 31, 2021, and furnished the press release under Items 2.02 and 9.01 of Form 8-K on that day (the “Original Form 8-K”). Following the release, the Company discovered and corrected an income tax expense related to the non-cash pension termination charge recognized in 2021. More specifically, the Company determined that previously recorded deferred tax liabilities associated with the pension plans terminated in 2021 should have been eliminated to reduce tax expense. The correction resulted in a decrease of $2.2 million in tax expense for the year ended December 31, 2021, and an increase in prepaid and other current assets of $0.5 million and a decrease in deferred tax liabilities of $1.7 million, each as of December 31, 2021.  The correction of the error resulted in increasing net income for year ended December 31, 2021 by $2.2 million and net income per diluted share by $0.14 per share. The correction also resulted in the second quarter 2021 financial statements being restated reducing tax expense by $1.8 million and increasing net income by $1.8 million or $0.12 per diluted share, the third quarter 2021 financial statements being restated to reflect the impact of the second quarter restatement and the fourth quarter results being adjusted to reduce tax expense and to increase net income by $0.4 million or $0.02 per diluted share.

Superior Group Of Companies, Inc. Reports Revised Operating Results For The Fourth Quarter And Year Ended December 31, 2021

Even lapping 2021's high demand for PPE, the top line grew 2% where TGO and BAMKO grew 54% and 65% respectively.

Superior Group Of Companies - A Growth Company Trading At No-Growth Multiples

Superior Group of Companies, Inc.'s (SGC) CEO Michael Benstock on Q4 2021 Results - Earnings Call Transcript

SEMINOLE, Fla., March 09, 2022 (GLOBE NEWSWIRE) -- Superior Group of Companies, Inc. (NASDAQ: SGC), today announced its fourth quarter and year-end operating results for 2021.

Superior Group of Companies, Inc. Reports Operating Results for the Fourth Quarter and Year Ended December 31, 2021

SEMINOLE, Fla., March 03, 2022 (GLOBE NEWSWIRE) -- Superior Group of Companies, Inc.® (NASDAQ: SGC) (the "Company") today announced that Michael Benstock, Chief Executive Officer, Andrew D. Demott, Jr., Chief Operating Officer and Chief Financial Officer, and members of the senior executive division leadership, will participate in the D.A. Davidson 5th Annual Consumer Growth Conference on Thursday, March 10, 2022. Management will host virtual one-on-one and small group meetings throughout the day.

Superior Group of Companies, Inc. to Participate in the D.A. Davidson 5th Annual Consumer Growth Conference

SEMINOLE, Fla., March 02, 2022 (GLOBE NEWSWIRE) -- Superior Group of Companies, Inc. (NASDAQ: SGC) (the “Company”) today announced that it intends to release the results of its operations for the fourth quarter and fiscal year end 2021 before the market opens on Wednesday, March 9, 2022. Michael Benstock, Chief Executive Officer, and Andrew D. Demott, Jr., Chief Operating Officer and Chief Financial Officer will host a teleconference at 10:00 a.m. Eastern Time on that day to discuss the Company's results and answer appropriate questions. Other executives of the company will also be available during the question and answer portion of the teleconference.

Superior Group of Companies Announces Fourth Quarter and Year End 2021 Earnings Conference Call and Webcast

SEMINOLE, Fla., Feb. 17, 2022 (GLOBE NEWSWIRE) -- Fortune Magazine has recognized Superior Group of Companies, Inc. (NASDAQ: SGC) in its “100 Fastest Growing Companies” list.

Superior Group of Companies recognized in Fortune Magazine's 100 Fastest Growing Companies list

SEMINOLE, FLA, Feb. 10, 2022 (GLOBE NEWSWIRE) -- Forbes Magazine has recognized Superior Group of Companies, Inc. (NASDAQ: SGC) in its “America's Best Small Companies” ranking for the second consecutive year.

Superior Group of Companies recognized in Forbes Magazine's 2022 America's Best Small Companies ranking

Seminole, FL, Jan. 13, 2022 (GLOBE NEWSWIRE) --  Superior Group of Companies, Inc.® (NASDAQ: SGC) (the "Company") today announced that Michael Benstock, Chief Executive Officer, Andy Demott, Chief Operating Officer and Chief Financial Officer, and members of the senior executive division leadership, will participate in the Sidoti Virtual Small Cap Conference on Thursday, January 20, 2022. Management will host virtual one -on-one and small group meetings throughout the day.

Superior Group of Companies, Inc. to Participate in the Sidoti Virtual Small Cap Conference

Superior Group of Companies has been celebrated as an essential provider of personal protective equipment to healthcare workers during the COVID pandemic. The company is expanding its business to ensure future growth even after the pandemic subsides.

Superior Group Of Companies And Its Real Value

Superior Group Of Companies Inc's (NASDAQ: SGC) branded merchandise division, BAMKO LLC, has acquired substantially all the assets of Sutter's Mill Specialties Inc. The terms of the transaction were not revealed. Sutter's Mill, a branded merchandise company, had a trailing twelve-month non-PPE revenue of $24.5 million.

Superior Group's BAMKO Acquires Sutter's Mill Specialties

Superior Group of Companies, Inc. (SGC) CEO Michael Benstock on Q3 2021 Results - Earnings Call Transcript

Superior Group (SGC) delivered earnings and revenue surprises of 0.00% and -2.38%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Superior Group (SGC) Meets Q3 Earnings Estimates

Superior Gr of Cos (NASDAQ:SGC) reported its Q3 earnings results on Wednesday, November 3, 2021 at 08:00 AM. Here's what investors need to know about the announcement.

News for Superior Uniform Group Stock (SGC)