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Superior Group of Companies (SGC) Stock News, Apr-Jul 2021

SGC NASDAQ

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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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.

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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.

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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.

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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.

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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.

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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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Superior Group of Companies (NASDAQ: SGC) reported significant growth in its first quarter 2021 results. Net sales rose by 49.4% to $140.8 million compared to $94.2 million in the same quarter of 2020. Earnings per share increased 200% to $0.66, up from $0.22.

Pretax income reached $13.2 million, compared to $4.6 million a year prior. Notably, BAMKO experienced net sales growth of 124.9% and The Office Gurus reported a 43.2% increase. However, the company faces logistical challenges resulting in sizable backlogs.

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SEMINOLE, Fla., April 20, 2021 – Superior Group of Companies (NASDAQ: SGC) will release its first quarter 2021 results before the market opens on April 28, 2021. The CEO, Michael Benstock, and CFO, Andrew D. Demott, Jr., will lead a teleconference at 2:00 PM ET to discuss these results. Interested participants can join via specific dial-in numbers or access a live webcast through the company’s investor section online. A replay will be available after the call until May 12, 2021, using a designated conference number.

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FAQ

What is the current stock price of Superior Group of Companies (SGC)?

Superior Group of Companies (SGC) last closed at $12.62.

What is the market cap of Superior Group of Companies (SGC)?

The market cap of Superior Group of Companies (SGC) is approximately $201.2M.