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Superior Group of Companies, Inc. reports developments across Healthcare Apparel, Branded Products and Contact Centers. The company designs and distributes uniforms, healthcare apparel, customized merchandising solutions, promotional products and branded uniform programs, while its contact-center operations provide outsourced business process and call-center support services.
Recurring SGC news includes quarterly operating results, full-year outlook updates, dividend declarations, investor conference participation and capital-return actions. Company updates also reference portfolio efficiency, demand across its end markets, omnichannel commerce and shareholder programs tied to its apparel and branded-products businesses.
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The Board of Directors of Superior Group of Companies (NASDAQ: SGC) has declared a quarterly dividend of $0.12 per share, scheduled for payment on February 25, 2022. Shareholders on record as of February 14, 2022 will be eligible to receive this dividend. Established in 1920, Superior Group offers branding solutions through its various uniform and promotional product companies, serving over 7 million Americans daily with its products.
Superior Group of Companies (SGC) announced participation in the Sidoti Virtual Small Cap Conference on January 20, 2022. CEO Michael Benstock and CFO Andy Demott, along with senior executives, will engage in virtual one-on-one and small group meetings throughout the day. The management presentation is scheduled for 10:00 a.m. Eastern Time and will be accessible via the company's investor relations website. Established in 1920, SGC specializes in innovative uniform program design and global manufacturing, with millions of Americans wearing their uniforms daily.
On December 1, 2021, BAMKO, the branded merchandise division of Superior Group of Companies (SGC), acquired substantially all assets of Sutter’s Mill Specialties, Inc. This transaction marks a significant development for BAMKO, adding Sutter’s Mill’s $24.5 million revenue and advanced production capabilities. President Jake Himelstein stated that this acquisition enhances BAMKO’s competitive edge, while Sutter’s Mill’s President Michael Butler expressed excitement about joining forces and furthering growth in the branded merchandise industry.
The Board of Directors of Superior Group of Companies (NASDAQ: SGC) has declared a quarterly dividend of $0.12 per share, payable on November 30, 2021, to shareholders of record as of November 19, 2021. This decision reflects the company's commitment to returning value to its shareholders. Superior Group of Companies, which specializes in uniforms and promotional products, is recognized for its strong service and quality. The company supports a diverse range of customer needs through various brands, emphasizing a customer-first approach.
Superior Group of Companies (NASDAQ: SGC) reported a 3.5% decline in net sales for Q3 2021, totaling $123.3 million, compared to $127.7 million in Q3 2020. Pretax income fell to $10.0 million, down from $12.1 million in the prior year, while net income decreased to $8.2 million or $0.51 per diluted share, down from $9.9 million or $0.63 per share. CEO Michael Benstock expressed optimism about core business momentum, highlighting growth in promotional products and staffing solutions despite ongoing supply chain challenges.
Superior Group of Companies, Inc. (SGC) plans to release its third-quarter 2021 results on November 3, 2021, prior to market open. CEO Michael Benstock and other executives will provide insights during a teleconference at 2:15 p.m. ET on the same day. Interested parties can join the call via designated phone numbers or listen to the live webcast on the company’s investor website. A replay will be accessible for a limited time following the conference. SGC, a leader in uniform and promotional products, emphasizes a customer-first approach and operational excellence.
Phil Koosed, Chief Strategy Officer of Superior Group of Companies (SGC), was named the most influential leader in the promotional products industry by ASI’s Power 50 List. His leadership at BAMKO, known for its technology and sourcing capabilities, has driven significant growth, especially during the pandemic. Joining SGC's C-Suite, Koosed aims to enhance innovation and growth across all divisions. CEO Michael Benstock praised Koosed's achievements and vision, citing his impactful role in transforming BAMKO into a highly regarded company in the industry.
The Office Gurus, a division of Superior Group of Companies (NASDAQ: SGC), has been recognized as the #1 Best Place to Work in the call center industry in El Salvador for the second consecutive year and #3 across all sectors. This recognition comes from Employers for Youth, which surveyed 100,000 young professionals across 700 companies in 13 countries, focusing on criteria such as innovation and work environment. President Dominic Leide emphasized the importance of creating a positive workplace to attract and retain talent.