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 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.
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.
Superior Group of Companies (NASDAQ: SGC) announced its participation in the Singular Autumn Equinox Virtual Webinar on September 11, 2024. Mike Koempel, the company's Chief Financial Officer, will present at 12:00 pm Eastern Time. This virtual event provides an opportunity for investors to gain insights into SGC's financial performance and strategies.
The webinar will be accessible through the investor relations section of Superior Group of Companies' website, specifically on the Events & Presentations page. Interested parties can view the presentation at https://ir.superiorgroupofcompanies.com/presentations. This event allows SGC to engage with investors and showcase its business developments in a digital format.
Superior Group of Companies (NASDAQ: SGC) has announced a new stock repurchase plan approved by its Board of Directors. The plan authorizes the company to repurchase up to $10 million of its common stock over a one-year period. This replaces the previous plan from May 2, 2019, which had allowed for the repurchase of up to 750,000 shares, of which 92,549 were purchased.
The new plan enables SGC to purchase stock through various methods, including open market purchases, privately negotiated transactions, and block purchases. The timing and number of shares repurchased will depend on factors such as stock price, availability, and market conditions. Repurchased shares may be reissued for employee benefit plans and other corporate purposes.
Superior Group of Companies (NASDAQ: SGC) reported Q2 2024 results with net sales of $131.7 million, up 2.0% from $129.2 million in Q2 2023. Net income decreased to $0.6 million ($0.04 per diluted share) from $1.2 million ($0.08 per diluted share) in the prior year quarter. EBITDA was $5.6 million compared to $7.4 million in Q2 2023.
The company maintained its full-year 2024 outlook with sales projected between $563-$570 million and earnings per diluted share forecast of $0.73-$0.79. The Board of Directors approved a quarterly dividend of $0.14 per share, payable August 30, 2024.
Superior Group of Companies (NASDAQ: SGC) has announced it will release its second quarter 2024 results after market close on Tuesday, August 6, 2024. 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 in the investor relations section of the company's website.
For those wishing to join by phone, U.S. dialers can call 1-844-861-5505, international dialers 1-412-317-6586, and Canadian dialers 1-866-605-3852. A telephone replay will be available through August 20, 2024, accessible via specific numbers for different regions, using the conference number 9654569.