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.
Superior Group of Companies (SGC) reported its Q4 2024 results with mixed performance. While full-year 2024 saw 4% sales growth and 35% diluted EPS growth, Q4 showed some weakness with net sales declining to $145.4 million from $147.2 million in Q4 2023. Q4 pretax income fell to $2.5 million from $4.2 million, with net income decreasing to $2.1 million ($0.13 per diluted share) from $3.6 million ($0.22 per diluted share).
Looking ahead, SGC provided 2025 guidance projecting net sales of $585-595 million (vs. $565.7M in 2024) and diluted EPS of $0.75-0.82 (vs. $0.73 in 2024). The company announced a new $17.5 million stock repurchase plan, following their previous $10 million plan under which they purchased 523,472 shares for $7.4 million. Additionally, SGC amended its credit agreement, increasing allowed restricted payments to $30 million annually from $20 million, providing greater flexibility for dividends and share repurchases.
Superior Group of Companies (NASDAQ: SGC) has scheduled its fourth quarter and full year 2024 financial results announcement for Tuesday, March 11, 2025, after market close. CEO Michael Benstock and CFO Mike Koempel will host a teleconference at 5:00 pm Eastern Time to discuss the company's performance.
Investors can access the live webcast and archived replay through the company's investor relations website. For those joining by phone, U.S. participants can dial 1-844-861-5505, international callers 1-412-317-6586, and Canadian participants 1-866-605-3852. A replay will be available until March 18, 2025, accessible via 1-877-344-7529 (US), 1-412-317-0088 (International), or 855-669-9658 (Canada) using conference number 8841600.
Superior Group of Companies (NASDAQ: SGC) has announced the expansion of its Board Observer Program for its second year, doubling the number of participants. The program, launched in February 2024, aims to provide governance exposure to traditionally underrepresented groups in public company boardrooms.
The non-voting Observer Program allows participants to attend Board and committee meetings throughout the year, encouraging active participation and perspective sharing. Ixchell Duarte and Tauana McDonald have been named as the new participants, following Dr. Kelly Richmond Pope's successful participation in the program's first year.
The initiative focuses on providing firsthand experience in public company board responsibilities and dynamics, with the goal of preparing participants for future board positions, though not necessarily with SGC. The company plans to continue the program indefinitely, viewing it as a model for other companies to help level the playing field in corporate governance.
Superior Group of Companies (NASDAQ: SGC) has announced a quarterly dividend declaration. The company's Board of Directors has approved a cash dividend of $0.14 per share. The dividend will be payable on February 28, 2025, to shareholders who are recorded as of February 18, 2025.
Superior Group of Companies (NASDAQ: SGC) will commemorate its 105-year legacy by ringing the Nasdaq Closing Bell on January 16, 2025. CEO Michael Benstock will lead the ceremony, which will be broadcast live from the Nasdaq MarketSite in Times Square. Founded in 1920 as Superior Surgical by Rose Benstock, the company has evolved into a diversified global enterprise, generating over half a billion dollars in annual revenue. It now operates in three segments: Healthcare Apparel, Branded Products, and Contact Centers. The bell-ringing event, initially planned for the centennial in 2020 but delayed due to the pandemic, highlights the company's growth and ongoing commitment to quality, customer service, and innovation.
Superior Group of Companies (NASDAQ: SGC) has announced its participation in the upcoming ICR Conference in Orlando, Florida. The company's leadership, including Chief Executive Officer Michael Benstock and Chief Financial Officer Michael Koempel, will attend the event on January 13 and 14, 2025.
A presentation is scheduled for Tuesday, January 14, at 10:00 a.m. Eastern Time. Investors and interested parties can access both the live webcast and replay of the presentation through the company's investor relations website at their presentations page.
Superior Group of Companies (NASDAQ: SGC) has announced its participation in the 19th Annual Best of the Uncovereds Conference hosted by Singular Research. The company's Chief Financial Officer, Mike Koempel, will deliver a presentation at the virtual conference on Thursday, December 12, 2024, at 12:00 PM Eastern Time. Interested parties can access the webinar through the investor relations Events & Presentations section of SGC's website.
Superior Group of Companies (NASDAQ: SGC) reported its third quarter 2024 results, marking a significant performance improvement. Total net sales reached $149.7 million, a 10% increase from $136.1 million in Q3 2023. Net income rose to $5.4 million from $3.1 million, while EBITDA increased to $11.7 million from $9.3 million year-over-year. The Board of Directors approved a $0.14 per share quarterly dividend, reaffirming the company's full-year outlook. CEO Michael Benstock highlighted the company's strong sales, profit growth, and solid operating cash flow, driven by strategic investments in people, products, and technology. The company maintains its full-year sales outlook of $563 million to $570 million and earnings per diluted share forecast of $0.73 to $0.79. A webcast and conference call are scheduled for 5:00 pm Eastern Time today.
Superior Group of Companies (NASDAQ: SGC) announced it will release its third quarter 2024 results after market close on Wednesday, November 6, 2024. CEO Michael Benstock and CFO Mike Koempel will host a teleconference at 5:00 pm Eastern Time to discuss the results. The event will be accessible via live webcast and archived replay on the company's investor relations website, with dial-in options available for U.S., international, and Canadian participants. A telephone replay will be available through November 20, 2024.
Superior Group of Companies (NASDAQ: SGC) has announced its participation in the Sidoti September Virtual Investor Conference on September 18, 2024. CEO Michael Benstock and CFO Mike Koempel will engage in a fireside chat at 1:00 PM Eastern Time. Investors can access the live webcast and replay on the company's Investor Relations website. The executives will also be available for virtual meetings throughout the day.
This event provides an opportunity for investors to gain insights into SGC's business strategies and financial performance directly from top management. The virtual format allows for broader participation and easy access to company information, aligning with current trends in investor relations practices.
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