Welcome to our dedicated page for Superior Group O news (Ticker: SGC), a resource for investors and traders seeking the latest updates and insights on Superior Group O stock.
Superior Group O (SGC) delivers essential updates for stakeholders tracking this diversified apparel leader. This dedicated news hub provides official press releases and verified developments across SGC's three core operations: corporate uniform solutions, branded promotional products, and integrated staffing services.
Investors and industry professionals will find timely updates on financial performance, strategic partnerships, and product innovations. Our curated collection serves as your primary source for earnings announcements, leadership changes, and operational milestones impacting healthcare, hospitality, and industrial markets.
Key updates include quarterly financial disclosures, major contract awards in the uniform sector, advancements in custom merchandising solutions, and expansions of remote staffing capabilities. Bookmark this page for direct access to SGC's latest corporate communications, maintained with strict adherence to factual reporting and regulatory compliance standards.
The Board of Directors of Superior Group of Companies (NASDAQ: SGC) has declared a quarterly dividend of $0.12 per share, payable on September 1, 2021, to shareholders on record as of August 18, 2021. This announcement signifies the company’s commitment to returning value to shareholders and reflects confidence in its financial stability and performance. The company continues to support brand engagement across various sectors, providing tailored solutions through its diversified business segments.
Superior Group of Companies (NASDAQ: SGC) reported its second quarter financial results for 2021, showing a 17.9% decline in net sales to $130.8 million compared to the same period in 2020. Net income fell to $4.6 million or $0.28 per diluted share, down from $15.2 million or $1.00 per diluted share. The company incurred a pre-tax settlement charge of $6.9 million due to the termination of its pension plans. Despite challenges, significant growth was noted in the promotional products and remote staffing sectors, with expectations for 2021 net sales approaching $525 million.
Superior Group of Companies, Inc. (SGC) will release its second quarter 2021 results on July 28, 2021, before the market opens. A teleconference with executives, including CEO Michael Benstock, will be held at 2:00 p.m. ET to discuss the results. Interested individuals can join the call using specified numbers for U.S., international, and Canadian dialers. A replay will be available after the call. SGC focuses on enhancing brand engagement through its core uniform and promotional product divisions.
Superior Group of Companies (NASDAQ: SGC) has announced key promotions within its executive team: Philip Koosed is promoted to Chief Strategy Officer, and Jake Himelstein becomes President of BAMKO. Koosed will provide strategic guidance across SGC, focusing on growth opportunities, while Himelstein will enhance BAMKO's operations. CEO Michael Benstock highlighted their achievements and the company's commitment to growth. Koosed expressed excitement about leading SGC into its next century, emphasizing transformation and teamwork.
On June 7, 2021, Superior Group of Companies (NASDAQ: SGC) announced participation in the virtual East Coast IDEAS Investor Conference on June 16. The CEO, Michael Benstock, and COO, Andy Demott, along with senior executives will hold one-on-one and small group meetings throughout the event. A webcast of their presentation will be available starting at 7:00 am CST on the same day through the company’s investor relations page. The IDEAS Conferences aim to connect quality companies with investment professionals, emphasizing an investor-centric approach.
Superior Group of Companies, Inc. (NASDAQ: SGC) announced participation in the Stifel 2021 Virtual Cross Sector Insight Conference set for June 8, 2021. CEO Michael Benstock, COO and CFO Andy Demott, along with senior executives, will engage in virtual one-on-one and small group meetings throughout the event. Established in 1920, Superior Group specializes in uniforms and image apparel, providing innovative design, global manufacturing, and distribution solutions. With a commitment to customer service, SGC aims to enhance brand engagement for clients.
Superior Group of Companies (SGC) announces participation in the Barrington Research Virtual Spring Investment Conference on May 27, 2021. CEO Michael Benstock and COO Andy Demott, among other executives, will lead virtual meetings throughout the day, aimed at engaging with potential investors. SGC is a leader in providing uniforms and promotional products, with over 7 million individuals wearing their products daily. The company focuses on brand engagement through customized solutions and has a rich history since its establishment in 1920.
The Board of Directors of Superior Group of Companies (NASDAQ: SGC) declared a quarterly dividend of $0.12 per share, payable on June 11, 2021, to shareholders of record as of May 28, 2021. This marks a 20% increase in the dividend, attributed to significant improvements in operating results over the past year. CEO Michael Benstock expressed confidence in the company's future, highlighting operating performance as a key factor for the dividend increase.
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