Superior Group of Companies Reports Second Quarter 2026 Results
Rhea-AI Summary
Superior Group of Companies (NASDAQ: SGC) reported second quarter 2026 net sales of $147.8 million, up from $144.0 million a year earlier. GAAP net income was $1.2 million, or $0.08 per diluted share, versus $1.6 million, or $0.10 per diluted share, impacted by a $2.6 million non-cash tradename impairment in the Healthcare Apparel segment.
Excluding this charge, adjusted net income was $3.2 million, or $0.21 per diluted share, compared with $1.6 million, or $0.10 per diluted share, and adjusted EBITDA rose to $7.7 million from $6.1 million. Operating cash flow for the first six months increased to $17.7 million, while long-term debt declined to $74.5 million. The Board approved a quarterly dividend of $0.14 per share, payable August 28, 2026. The company reaffirmed its 2026 outlook, guiding to net sales of $572–$585 million and adjusted EPS of $0.54–$0.66, both above 2025 levels.
Positive
- Q2 2026 net sales $147.8M vs. $144.0M in Q2 2025
- Q2 adjusted EPS $0.21 vs. $0.10 in Q2 2025
- Q2 adjusted EBITDA $7.7M vs. $6.1M in Q2 2025
- Operating cash flow (6M 2026) $17.7M vs. $2.9M in 6M 2025
- Long-term debt reduced to $74.5M from $87.1M at December 31, 2025
- 2026 adjusted EPS outlook $0.54–$0.66 vs. $0.46 in 2025
Negative
- Q2 2026 GAAP net income $1.2M vs. $1.6M in Q2 2025
- Non-cash tradename impairment $2.6M pre-tax ($2.0M after tax) in Q2 2026
- Diluted EPS $0.08 in Q2 2026 vs. $0.10 in Q2 2025
News Explained
The release records common-share repurchases and retirements during the six months ended
Market reaction after 2Q26 earnings report: SGC +6.19%
Following this news, SGC has gained 6.19%, reflecting a notable positive market reaction. Our momentum scanner has triggered 3 alerts so far, indicating moderate trading interest and price volatility. The stock is currently trading at $13.72.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.
Key Figures
Previous Earnings Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 04 | Q1 earnings | Positive | +0.2% | Sales and EBITDA increased, while the company maintained its full-year outlook and dividend. |
| Mar 03 | Q4 earnings | Positive | +1.6% | Quarterly earnings increased and management introduced 2026 sales and EPS outlook ranges. |
| Nov 03 | Q3 earnings | Positive | -7.1% | Revenue outlook was updated despite quarterly sales, net income, EBITDA, and dividend disclosure. |
| Aug 05 | Q2 earnings | Positive | +18.5% | Sales and net income grew, led by Branded Products, alongside continued guidance and shareholder returns. |
| May 08 | Q1 earnings | Negative | -1.0% | Revenue outlook was reduced and EPS guidance withdrawn following a quarterly loss. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Earnings-tagged events were aligned in four of five cases; one positive Q3 2025 release diverged with a -7.09% reaction.
Key Terms
adjusted ebitda financial
non-gaap financial measure financial
tradename impairment charge financial
asc 280 technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
- Total net sales of
$147.8 million , up from$144.0 million in prior year second quarter - Net income of
$1.2 million , including a non-cash tradename impairment charge,$2 million after tax, versus$1.6 million in prior year second quarter - Adjusted EBITDA of
$7.7 million , up from$6.1 million in prior year second quarter - Confirms full-year Outlook
- Board of Directors approves
$0.14 per share quarterly dividend
ST. PETERSBURG, Fla., Aug. 04, 2026 (GLOBE NEWSWIRE) -- Superior Group of Companies, Inc. (NASDAQ: SGC) (the “Company”), today announced its second quarter 2026 results.
“We’ve demonstrated the earnings power of our diversified business with Branded Products performing especially well this quarter, resulting in an adjusted EPS that was more than double the prior year’s second quarter. We are navigating through soft market conditions, and we see growth opportunities ahead for all three of our attractive businesses,” said Michael Benstock, Chief Executive Officer. “Our guidance continues to reflect stronger results in the back half of the year given seasonal factors. Ultimately, our diverse end markets, high customer retention and flexible supply chain combined with our healthy balance sheet allows us to drive continued growth and optimize shareholder value including through our attractive dividend yield and opportunistic share repurchases.”
Second Quarter Results
For the second quarter ended June 30, 2026, net sales were
During the second quarter the Company recorded a trade name impairment charge in the Healthcare Apparel segment of
On an adjusted basis, excluding the impairment charge, second quarter net income was
Quarterly Dividend
The Board of Directors declared a quarterly dividend of
2026 Full-Year Outlook
The Company continues to forecast full-year 2026 net sales in the range of
Webcast and Conference Call
The Company will host a webcast and conference call at 8:00am Eastern Time today. The live webcast and archived replay can be accessed in the investor relations section of the Company's website at https://ir.superiorgroupofcompanies.com/Presentations. Interested individuals may also join the teleconference by dialing 1-844-861-5505 for U.S. dialers and 1-412-317-6586 for international dialers. The Canadian toll-free number is 1-866-605-3852. Please ask to be joined to the Superior Group of Companies call. A telephone replay of the teleconference will be available through August 18, 2026. To access the replay, dial 1-855-669-9658 in the United States or Canada, or 1-412-317-0088 from international locations. Please reference conference number 5851649 for replay access.
Disclosure Regarding Forward-Looking Statements
Certain matters discussed in this press release are “forward-looking statements” intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements can generally be identified by use of the words “may,” “will,” “should,” “could,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” “project,” “potential,” or “plan” or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements in this press release include 2026 guidance of net sales and earnings per diluted share and may also include, without limitation: (1) projections of revenue, income, and other items relating to our financial position and results of operations, including short term and long term plans for cash, (2) statements of our plans, objectives, strategies, goals and intentions, (3) statements regarding the capabilities, capacities, market position and expected development of our business operations and (4) statements of expected industry and general economic trends.
Such forward-looking statements are subject to certain risks and uncertainties that may materially adversely affect the anticipated results. Such risks and uncertainties include, but are not limited to, the following: the impact of competition; the impact of global conflicts, such as the Russia-Ukraine War and the joint U.S.-Israeli War with Iran in 2026, uncertainties related to tariffs, duties, trade wars and related matters, supply disruptions, inflationary environments (including with respect to shipping costs and the cost of finished goods and raw materials and shipping costs), employment levels (including labor shortages), and general economic and political conditions in the areas of the world in which the Company operates or from which it sources its supplies or the areas of the United States of America (“U.S.” or “United States”) in which the Company’s customers are located; changes in the healthcare, retail chain, food service, transportation and other industries where uniforms and service apparel are worn; our ability to identify suitable acquisition targets, discover liabilities associated with such businesses during the diligence process, successfully integrate any acquired businesses, or successfully manage our expanding operations; the price and availability of raw materials; attracting and retaining senior management and key personnel; the Company's ability to maintain effective internal control over financial reporting; and other factors described in the Company’s filings with the Securities and Exchange Commission ("SEC"), including those risks described in Item 1A of our Annual Report on Form 10-K for the fiscal year ended December 31, 2025 entitled "Risk Factors" and the Quarterly Report on Form 10-Q for the quarter ended June 30, 2026. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements made herein and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are only made as of the date of this press release and we disclaim any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances, except as may be required by law.
About Superior Group of Companies, Inc. (SGC):
Established in 1920, Superior Group of Companies is comprised of three attractive business segments each serving large, fragmented and growing addressable markets. Across Healthcare Apparel, Branded Products and Contact Centers, each segment enables businesses to create extraordinary brand engagement experiences for their customers and employees. SGC’s commitment to service, quality, advanced technology, and omnichannel commerce provides unparalleled competitive advantages. We are committed to enhancing shareholder value by continuing to pursue a combination of organic growth and strategic acquisitions. For more information, visit www.superiorgroupofcompanies.com.
Investor Relations Contact:
Investors@Superiorgroupofcompanies.com
| SUPERIOR GROUP OF COMPANIES, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (In thousands, except shares and per share data) | ||||||||||||||||
| Three Months Ended June 30, | Six Months Ended June 30, | |||||||||||||||
| 2026 | 2025 | 2026 | 2025 | |||||||||||||
| Net sales | $ | 147,836 | $ | 144,045 | $ | 288,714 | $ | 281,142 | ||||||||
| Costs and expenses: | ||||||||||||||||
| Cost of goods sold | 91,717 | 88,719 | 180,261 | 175,375 | ||||||||||||
| Selling and administrative expenses | 51,327 | 52,240 | 101,695 | 102,342 | ||||||||||||
| Interest expense, net | 981 | 1,250 | 1,893 | 2,495 | ||||||||||||
| Tradename impairment charge | 2,600 | - | 2,600 | - | ||||||||||||
| 146,625 | 142,209 | 286,449 | 280,212 | |||||||||||||
| Income before income tax (benefit) expense | 1,211 | 1,836 | 2,265 | 930 | ||||||||||||
| Income tax (benefit) expense | (10 | ) | 285 | 210 | 137 | |||||||||||
| Net income | $ | 1,221 | $ | 1,551 | $ | 2,055 | $ | 793 | ||||||||
| Net income per share: | ||||||||||||||||
| Basic | $ | 0.08 | $ | 0.10 | $ | 0.14 | $ | 0.05 | ||||||||
| Diluted | $ | 0.08 | $ | 0.10 | $ | 0.14 | $ | 0.05 | ||||||||
| Weighted average shares outstanding during the period: | ||||||||||||||||
| Basic | 14,495,144 | 14,813,984 | 14,562,081 | 15,206,819 | ||||||||||||
| Diluted | 14,907,818 | 15,101,942 | 14,912,832 | 15,573,692 | ||||||||||||
| Cash dividends per common share | $ | 0.14 | $ | 0.14 | $ | 0.28 | $ | 0.28 | ||||||||
| SUPERIOR GROUP OF COMPANIES, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (In thousands, except shares and par value data) | ||||||||
| June 30, | December 31, | |||||||
| 2026 | 2025 | |||||||
| (Unaudited) | ||||||||
| ASSETS | ||||||||
| Current assets: | ||||||||
| Cash and cash equivalents | $ | 22,787 | $ | 23,691 | ||||
| Accounts receivable, net | 93,948 | 104,336 | ||||||
| Inventories | 90,492 | 97,474 | ||||||
| Contract assets | 57,134 | 48,903 | ||||||
| Prepaid expenses and other current assets | 15,105 | 13,259 | ||||||
| Total current assets | 279,466 | 287,663 | ||||||
| Property, plant and equipment, net | 35,294 | 37,352 | ||||||
| Operating lease right-of-use assets | 11,559 | 12,620 | ||||||
| Deferred tax asset | 14,970 | 15,003 | ||||||
| Intangible assets, net | 42,894 | 47,254 | ||||||
| Goodwill | 2,583 | 2,583 | ||||||
| Other assets | 21,754 | 19,369 | ||||||
| Total assets | $ | 408,520 | $ | 421,844 | ||||
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||||||||
| Current liabilities: | ||||||||
| Accounts payable | $ | 49,631 | $ | 48,343 | ||||
| Other current liabilities | 49,725 | 53,041 | ||||||
| Current portion of long-term debt | 7,500 | 6,563 | ||||||
| Current portion of acquisition-related contingent liabilities | 612 | - | ||||||
| Total current liabilities | 107,468 | 107,947 | ||||||
| Long-term debt | 74,465 | 87,093 | ||||||
| Long-term pension liability | 15,236 | 15,010 | ||||||
| Long-term acquisition-related contingent liabilities | 410 | 826 | ||||||
| Long-term operating lease liabilities | 6,880 | 7,939 | ||||||
| Other long-term liabilities | 10,678 | 10,211 | ||||||
| Total liabilities | 215,137 | 229,026 | ||||||
| Shareholders’ equity: | ||||||||
| Preferred stock, $.001 par value - authorized 300,000 shares (none issued) | - | - | ||||||
| Common stock, $.001 par value - authorized 50,000,000 shares, issued and outstanding 15,945,623 and 15,730,615 shares, respectively | 16 | 16 | ||||||
| Additional paid-in capital | 85,673 | 84,628 | ||||||
| Retained earnings | 110,206 | 112,871 | ||||||
| Accumulated other comprehensive loss, net of tax: | (2,512 | ) | (4,697 | ) | ||||
| Total shareholders’ equity | 193,383 | 192,818 | ||||||
| Total liabilities and shareholders’ equity | $ | 408,520 | $ | 421,844 | ||||
| SUPERIOR GROUP OF COMPANIES, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (In thousands) | ||||||||
| Six Months Ended June 30, | ||||||||
| 2026 | 2025 | |||||||
| CASH FLOWS FROM OPERATING ACTIVITIES | ||||||||
| Net income | $ | 2,055 | $ | 793 | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||
| Depreciation and amortization | 5,742 | 6,182 | ||||||
| Inventory write-downs | 4,663 | 1,042 | ||||||
| Credit loss expense | 1,665 | 2,100 | ||||||
| Share-based compensation expense | 1,699 | 2,561 | ||||||
| Tradename impairment charge | 2,600 | - | ||||||
| Change in fair value of acquisition-related contingent liabilities | 196 | 520 | ||||||
| Non-cash operating lease expense | 2,105 | 1,824 | ||||||
| Other, net | 110 | 182 | ||||||
| Changes in assets and liabilities: | ||||||||
| Accounts receivable | 9,115 | (569 | ) | |||||
| Contract assets | (8,185 | ) | (1,682 | ) | ||||
| Inventories | 2,386 | (10,692 | ) | |||||
| Prepaid expenses and other current assets | (568 | ) | 1,267 | |||||
| Other assets | (2,453 | ) | (789 | ) | ||||
| Accounts payable and other current liabilities | (4,503 | ) | (84 | ) | ||||
| Other long-term liabilities | 1,108 | 291 | ||||||
| Net cash provided by operating activities | 17,735 | 2,946 | ||||||
| CASH FLOWS FROM INVESTING ACTIVITIES | ||||||||
| Additions to property, plant and equipment | (1,883 | ) | (2,716 | ) | ||||
| Net cash used in investing activities | (1,883 | ) | (2,716 | ) | ||||
| CASH FLOWS FROM FINANCING ACTIVITIES | ||||||||
| Borrowings under revolving lines of credit | 26,000 | 57,000 | ||||||
| Payments under revolving lines of credit | (35,000 | ) | (41,000 | ) | ||||
| Payments of term loan | (2,813 | ) | (2,812 | ) | ||||
| Payments of cash dividends | (4,367 | ) | (4,515 | ) | ||||
| Shares withheld for taxes net of proceeds received on exercise of stock options | (244 | ) | 189 | |||||
| Common shares repurchased and retired | (763 | ) | (7,926 | ) | ||||
| Net cash (used in) provided by financing activities | (17,187 | ) | 936 | |||||
| Effect of currency exchange rates on cash | 431 | 1,094 | ||||||
| Net (decreases) increases in cash and cash equivalents | (904 | ) | 2,260 | |||||
| Cash and cash equivalents balance, beginning of period | 23,691 | 18,766 | ||||||
| Cash and cash equivalents balance, end of period | $ | 22,787 | $ | 21,026 | ||||
| SUPERIOR GROUP OF COMPANIES, INC. AND SUBSIDIARIES NON-GAAP FINANCIAL MEASURES (Unaudited) (In thousands) | ||||||||||||||||
| Three Months Ended June 30, | Six Months Ended June 30, | |||||||||||||||
| 2026 | 2025 | 2026 | 2025 | |||||||||||||
| Net income | $ | 1,221 | $ | 1,551 | $ | 2,055 | $ | 793 | ||||||||
| Interest expense, net | 981 | 1,250 | 1,893 | 2,495 | ||||||||||||
| Income tax (benefit) expense | (10 | ) | 285 | 210 | 137 | |||||||||||
| Segment depreciation and amortization | 2,812 | 2,888 | 5,597 | 6,002 | ||||||||||||
| Corporate depreciation and amortization | 72 | 90 | 145 | 180 | ||||||||||||
| Tradename impairment charge | 2,600 | - | 2,600 | - | ||||||||||||
| Adjusted EBITDA(1) | $ | 7,676 | $ | 6,064 | $ | 12,500 | $ | 9,607 | ||||||||
| Adjusted EBITDA margin(1) | 5.2 | % | 4.2 | % | 4.3 | % | 3.4 | % | ||||||||
| Net income | $ | 1,221 | $ | 1,551 | $ | 2,055 | $ | 793 | ||||||||
| Add backs: | ||||||||||||||||
| Tradename impairment charge | 2,600 | - | 2,600 | - | ||||||||||||
| Tax impact of adjustments(2) | (640 | ) | - | (640 | ) | - | ||||||||||
| Adjusted net income(3) | $ | 3,181 | $ | 1,551 | $ | 4,015 | $ | 793 | ||||||||
| Diluted net income per share | $ | 0.08 | $ | 0.10 | $ | 0.14 | $ | 0.05 | ||||||||
| Add back items, after-tax, per diluted share | 0.13 | - | 0.13 | - | ||||||||||||
| Diluted adjusted net income per share(3) | $ | 0.21 | $ | 0.10 | $ | 0.27 | $ | 0.05 | ||||||||
| Weighted average shares outstanding during the period: | ||||||||||||||||
| Diluted, as reported and adjusted | 14,907,818 | 15,101,942 | 14,912,832 | 15,573,692 | ||||||||||||
| Three Months Ended June 30, | Six Months Ended June 30, | |||||||||||||||
| 2026 | 2025 | 2026 | 2025 | |||||||||||||
| Income before income tax expense | $ | 1,211 | $ | 1,836 | $ | 2,265 | $ | 930 | ||||||||
| Interest expense, net | 981 | 1,250 | 1,893 | 2,495 | ||||||||||||
| Corporate selling and administrative expenses | 5,496 | 5,437 | 11,225 | 12,032 | ||||||||||||
| Segment depreciation and amortization | 2,812 | 2,888 | 5,597 | 6,002 | ||||||||||||
| Tradename impairment charge | 2,600 | - | 2,600 | - | ||||||||||||
| Total Segment Adjusted EBITDA(4) | $ | 13,100 | $ | 11,411 | $ | 23,580 | $ | 21,459 | ||||||||
(1) Adjusted EBITDA, which is a non-GAAP financial measure, is defined as net income excluding interest expense, net, income tax expense, impairments and depreciation and amortization expense. Adjusted EBITDA margin is defined as Adjusted EBITDA divided by net sales. The Company believes Adjusted EBITDA is an important measure of operating performance because it allows management, investors and others to evaluate and compare the Company’s core operating results from period to period by removing (i) the impact of the Company’s capital structure (interest expense from outstanding debt), (ii) tax consequences, (iii) asset base (depreciation and amortization) and (iv) impairments. The Company uses Adjusted EBITDA internally to monitor operating results and to evaluate the performance of its business. In addition, the compensation committee has used Adjusted EBITDA in evaluating certain components of executive compensation, including performance-based annual incentive programs. Adjusted EBITDA is not a measure of financial performance under GAAP. Adjusted EBITDA should not be considered in isolation or as an alternative to net income, cash flows from operating activities or any other measure determined in accordance with GAAP. The items excluded to calculate Adjusted EBITDA are significant components in understanding and assessing the Company’s results of operations. The Company’s Adjusted EBITDA may not be comparable to a similarly titled measure of another company because other entities may not calculate Adjusted EBITDA in the same manner.
(2) The tax impact of adjustments includes the tax effect of each separate adjustment based on the statutory tax rate for the jurisdiction(s) in which the adjustment was taxable or deductible, and the tax effect of items that relate to tax specific financial transactions.
(3) Adjusted net income and diluted adjusted net income per share, which are non-GAAP measures, are defined as net income (loss) and net income (loss) per share, excluding the impacts of impairment and pension plan termination charges. Management believes adjusted net income (loss) and diluted adjusted net income (loss) per share provides useful information to investors because it allows management, investors and others to evaluate and compare our operating results from period to period by removing the impact of impairment and pension plan termination charges that are not reflective of our core business. Adjusted net income and Diluted adjusted net income per share should not be considered in isolation or as an alternative to net income or net income per share or any other measure determined in accordance with GAAP. The items excluded to calculate Adjusted net income and Diluted adjusted net income per share are significant components in understanding and assessing the Company’s net income. The Company’s Adjusted net income and Diluted adjusted net income per share may not be comparable to a similarly titled measure of another company because other entities may not calculate Adjusted net income and Diluted adjusted net income per share in the same manner.
(4) Segment Adjusted EBITDA, as reported below for each segment, is our primary measure of segment profitability under U.S. GAAP ASC 280 “Segment Reporting”. Amounts included in income before income tax expense and excluded from Segment Adjusted EBITDA include: interest expense, net, impairments and depreciation and amortization expense. Total Segment Adjusted EBITDA is a non-GAAP financial measure and is reconciled to its most closely comparable GAAP metric of income before income tax expense (benefit) in the table above.
| SUPERIOR GROUP OF COMPANIES, INC. AND SUBSIDIARIES SUPPLEMENTAL INFORMATION - REPORTABLE SEGMENTS (Unaudited) (In thousands) | ||||||||||||||||||||
| Branded Products | Healthcare Apparel | Contact Centers | Intersegment Eliminations | Total | ||||||||||||||||
| For the Three Months Ended June 30, 2026: | ||||||||||||||||||||
| Net sales | $ | 98,390 | $ | 27,231 | $ | 23,094 | $ | (879 | ) | $ | 147,836 | |||||||||
| Cost of goods sold | 62,518 | 18,264 | 11,344 | (409 | ) | 91,717 | ||||||||||||||
| Gross margin | 35,872 | 8,967 | 11,750 | (470 | ) | 56,119 | ||||||||||||||
| Selling and administrative expenses | 26,001 | 9,946 | 10,354 | (470 | ) | 45,831 | ||||||||||||||
| Tradename impairment charge | - | 2,600 | - | - | 2,600 | |||||||||||||||
| Add backs: | ||||||||||||||||||||
| Tradename impairment charge | - | 2,600 | - | - | 2,600 | |||||||||||||||
| Segment depreciation and amortization | 1,344 | 819 | 649 | - | 2,812 | |||||||||||||||
| Segment Adjusted EBITDA(4) | $ | 11,215 | $ | (160 | ) | $ | 2,045 | $ | - | $ | 13,100 | |||||||||
| Less corporate selling and administrative expenses | 5,496 | |||||||||||||||||||
| Add back corporate depreciation and amortization | 72 | |||||||||||||||||||
| Adjusted EBITDA(1) | $ | 7,676 | ||||||||||||||||||
| Branded Products | Healthcare Apparel | Contact Centers | Intersegment Eliminations | Total | ||||||||||||||||
| For the Three Months Ended June 30, 2025: | ||||||||||||||||||||
| Net sales | $ | 92,647 | $ | 28,253 | $ | 23,977 | $ | (832 | ) | $ | 144,045 | |||||||||
| Cost of goods sold | 59,631 | 18,237 | 11,364 | (513 | ) | 88,719 | ||||||||||||||
| Gross margin | 33,016 | 10,016 | 12,613 | (319 | ) | 55,326 | ||||||||||||||
| Selling and administrative expenses | 25,432 | 10,078 | 11,612 | (319 | ) | 46,803 | ||||||||||||||
| Add backs: | ||||||||||||||||||||
| Segment depreciation and amortization | 1,395 | 854 | 639 | - | 2,888 | |||||||||||||||
| Segment Adjusted EBITDA(4) | $ | 8,979 | $ | 792 | $ | 1,640 | $ | - | $ | 11,411 | ||||||||||
| Less corporate selling and administrative expenses | 5,437 | |||||||||||||||||||
| Add back corporate depreciation and amortization | 90 | |||||||||||||||||||
| Adjusted EBITDA(1) | $ | 6,064 | ||||||||||||||||||
| Branded Products | Healthcare Apparel | Contact Centers | Intersegment Eliminations | Total | ||||||||||||||||
| For the Six Months Ended June 30, 2026: | ||||||||||||||||||||
| Net sales | $ | 189,259 | $ | 55,832 | $ | 45,347 | $ | (1,724 | ) | $ | 288,714 | |||||||||
| Cost of goods sold | 122,400 | 36,684 | 21,983 | (806 | ) | 180,261 | ||||||||||||||
| Gross margin | 66,859 | 19,148 | 23,364 | (918 | ) | 108,453 | ||||||||||||||
| Selling and administrative expenses | 50,747 | 20,724 | 19,917 | (918 | ) | 90,470 | ||||||||||||||
| Tradename impairment charge | - | 2,600 | - | - | 2,600 | |||||||||||||||
| Add backs: | ||||||||||||||||||||
| Tradename impairment charge | - | 2,600 | - | - | 2,600 | |||||||||||||||
| Segment depreciation and amortization | 2,718 | 1,642 | 1,237 | - | 5,597 | |||||||||||||||
| Segment Adjusted EBITDA(4) | $ | 18,830 | $ | 66 | $ | 4,684 | $ | - | $ | 23,580 | ||||||||||
| Less corporate selling and administrative expenses | 11,225 | |||||||||||||||||||
| Add back corporate depreciation and amortization | 145 | |||||||||||||||||||
| Adjusted EBITDA(1) | $ | 12,500 | ||||||||||||||||||
| Branded Products | Healthcare Apparel | Contact Centers | Intersegment Eliminations | Total | ||||||||||||||||
| For the Six Months Ended June 30, 2025: | ||||||||||||||||||||
| Net sales | $ | 179,121 | $ | 55,516 | $ | 48,202 | $ | (1,697 | ) | $ | 281,142 | |||||||||
| Cost of goods sold | 118,418 | 35,367 | 22,608 | (1,018 | ) | 175,375 | ||||||||||||||
| Gross margin | 60,703 | 20,149 | 25,594 | (679 | ) | 105,767 | ||||||||||||||
| Selling and administrative expenses | 48,852 | 19,604 | 22,533 | (679 | ) | 90,310 | ||||||||||||||
| Add backs: | ||||||||||||||||||||
| Segment depreciation and amortization | 2,875 | 1,766 | 1,361 | - | 6,002 | |||||||||||||||
| Segment Adjusted EBITDA(4) | $ | 14,726 | $ | 2,311 | $ | 4,422 | $ | - | $ | 21,459 | ||||||||||
| Less corporate selling and administrative expenses | 12,032 | |||||||||||||||||||
| Add back corporate depreciation and amortization | 180 | |||||||||||||||||||
| Adjusted EBITDA(1) | $ | 9,607 | ||||||||||||||||||
