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Superior Industries International, Inc. - SUP STOCK NEWS

Welcome to our dedicated news page for Superior Industries International (Ticker: SUP), a resource for investors and traders seeking the latest updates and insights on Superior Industries International.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Superior Industries International's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Superior Industries International's position in the market.

Rhea-AI Summary
Superior Industries International, Inc. (SUP) reported a decrease in Net Sales by 16% YoY to $1,385M for full year 2023, with a Net Loss of $93M. Adjusted EBITDA decreased to $159M, while Cash Flow Provided by Operating Activities declined to $64M. The company highlighted challenges faced in the European aftermarket and UAW strikes, impacting financial results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.89%
Tags
-
Rhea-AI Summary
Superior Industries International, Inc. (SUP) will release financial results for the full year and fourth quarter of 2023 on March 7, 2024. The conference call hosted by the President and CEO, along with the CFO, will provide insights into the company's performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.54%
Tags
-
Rhea-AI Summary
Superior Industries International, Inc. (NYSE:SUP) appoints Deven Petito as an independent director, adding valuable financial and capital markets experience to the board.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.89%
Tags
management
Rhea-AI Summary
Superior Industries International, Inc. reported financial results for Q3 2023. Net sales decreased 20% YoY to $323M, while adjusted EBITDA margin increased 160 bps YoY to 22%. Content per wheel increased 6% YoY to $49.71. The company is seeing signs of recovery in its European aftermarket business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.33%
Tags
-
Rhea-AI Summary
Superior Industries International, Inc. will release financial results for Q3 2023 on November 1, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.42%
Tags
-
Rhea-AI Summary
Superior Industries International, Inc. subsidiary enters into court-administered reorganization in Germany. Operations in the U.S., Mexico, and Poland are not affected. Actions expected to improve profitability and cash generation. Non-cash charge of $82 million expected in Q3 2023. Cash charges of €15-18 million expected. Outlook for 2023 remains unchanged.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.29%
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.5%
Tags
-
Rhea-AI Summary
Superior Industries International, Inc. will release financial results for Q2 2023 on August 3, 2023. A conference call will be held to discuss the results. Replay of the webcast will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.6%
Tags
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-18.95%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.54%
Tags
Superior Industries International, Inc.

NYSE:SUP

SUP Rankings

SUP Stock Data

110.27M
20.71M
10.34%
39.53%
0.11%
Motor Vehicle Gasoline Engine and Engine Parts Manufacturing
Manufacturing
Link
US
Southfield

About SUP

superior industries, headquartered in southfield, michigan, is one of the world's largest oem suppliers of aluminum wheels for the automotive industry. we offer a comprehensive product range of aluminum cast and flow formed wheels. superior operates five manufacturing facilities employing approximately 3,000 people in the united states and mexico. our aluminum wheels are produced for many of the major vehicle platforms of the world's leading automobile and light truck manufacturers. as a top producer, our wheels have influenced the standards of the industry and have kept our company on the road to success. check out what's behind the wheel at our website.