Superior Group O SEC Filings

Alpert Jordan M. reported acquisition or exercise transactions in this Form 4 filing.

SUPERIOR GROUP OF COMPANIES, INC. Chief Legal Officer and Secretary Jordan M. Alpert received a grant of 10,000 shares of common stock as a restricted stock award on May 7, 2026. These shares vest on the third anniversary of the grant date, or May 7, 2029.

The filing notes that the company’s common stock closed at $12.00 per share on NASDAQ on the grant date. Following this award, Alpert directly holds 89,151 shares of common stock, of which 39,402 are restricted shares that remain subject to forfeiture as of the filing date.

Superior Group of Companies, Inc. held its Annual Meeting of Shareholders on May 7, 2026. Of the 15,704,912 shares outstanding and entitled to vote, 13,718,077 shares were represented in person or by proxy, indicating strong participation.

Shareholders elected all seven director nominees, including Michael Benstock, Paul Mellini, Todd Siegel, Michael Koempel, Andrew D. Demott Jr., Susan Lattmann and Loreen Spencer. Each nominee received more votes "For" than "Against."

Investors also approved the ratification of Grant Thornton LLP as the company’s independent registered public accounting firm for the year ending December 31, 2026, with 13,676,626 votes "For," 22,681 "Against" and 18,770 "Abstain," and no broker non-votes.

Superior Group of Companies reported Q1 2026 results showing a return to profitability and stronger cash generation. Net sales for the three months ended March 31, 2026 were $140.9 million, up 2.8% from $137.1 million a year earlier, driven by growth in Branded Products and Healthcare Apparel.

The company generated net income of $0.8 million versus a loss of $0.8 million in Q1 2025, with diluted EPS of $0.06. Consolidated gross margin improved to 37.1%, helped by better mix and pricing in Branded Products, while Healthcare Apparel margins softened slightly and Contact Centers margins declined.

EBITDA rose to $4.8 million from $3.5 million as higher gross profit and lower interest expense offset higher selling and administrative costs in Healthcare Apparel, including $1.0 million of severance. Operating cash flow improved to $9.4 million, aided by lower accounts receivable, and cash ended at $23.2 million. Total debt declined to $87.3 million, and the company remained in compliance with credit facility covenants while continuing dividends and share repurchases.

Superior Group of Companies, Inc. reported first quarter 2026 net sales of $140.9 million, up from $137.1 million a year earlier. Net income was $0.8 million, or $0.06 per diluted share, compared with a net loss of ($0.8) million, or ($0.05) per diluted share.

EBITDA rose to $4.8 million from $3.5 million, and EBITDA margin improved to 3.4% from 2.6%, reflecting better profitability. The board declared a quarterly dividend of $0.14 per share. The company reaffirmed its 2026 outlook, guiding net sales between $572 million and $585 million versus $566.2 million in 2025, and earnings per diluted share between $0.54 and $0.66 versus $0.46 in 2025.

SUPERIOR GROUP OF COMPANIES, INC. reported initial insider holdings for Christopher Henry Heyn, President of SCS, showing a grant of 40,000 performance shares under the issuer's 2022 Equity Incentive Awards Plan.

The performance share award relates to common stock and carries a stated exercise price of $0.00 per share. According to the award terms, the shares vest only if Heyn remains continuously employed by the company or its subsidiaries through specified vesting dates and if certain performance metrics are satisfied, with provisions for possible accelerated vesting under the April 7, 2026 award agreement.

Superior Group of Companies, Inc. is calling a virtual 2026 annual meeting of shareholders on May 7, 2026 at 10:00 a.m. Eastern Time to elect seven directors and ratify Grant Thornton LLP as independent auditor for the year ending December 31, 2026. Shareholders of record at the close of business on March 13, 2026, when 15,704,912 common shares were outstanding, are entitled to one vote per share and may participate online after registering.

The Board currently has seven members, most of whom are independent, with committee structures for audit, compensation, capital allocation and governance. Leadership combines Michael Benstock as Chair and CEO with an independent Lead Director.

Executive pay emphasizes performance-based compensation. For 2026, base salaries are $1,044,399 for the CEO, $665,625 for the President and CFO, and $400,000 for the Branded Products President, with annual bonuses tied primarily to adjusted EBITDA targets and significant use of restricted stock and performance shares.

The company highlights human capital and diversity, noting majority-female U.S. workforce representation and that approximately 43% of current directors self-identify as women and/or from underrepresented communities, alongside a Board observer program to develop diverse future directors.

Superior Group of Companies director Venita Elaine Fields reported a bona fide gift of 2,100 shares of Common Stock. The shares were transferred without any payment of consideration, meaning this was a charitable or personal transfer rather than a market sale.

After the gift, Fields directly holds 26,720 shares of Common Stock. Footnotes state that certain shares were granted as restricted stock and are subject to forfeiture, with 20,148 of these restricted shares still subject to forfeiture as of the filing date.

Superior Group of Companies reported essentially flat 2025 revenue of $566.2 million, but profitability weakened. Net income fell to $7.0 million from $12.0 million, while EBITDA declined to $25.7 million from $34.1 million, mainly from lower gross margins across all three segments.

Branded Products net sales rose 2.2% to $361.1 million, Healthcare Apparel slipped 2.8% to $115.9 million, and Contact Centers dropped 4.6% to $92.5 million. Branded Products contributed 64% of sales, Healthcare Apparel 20%, and Contact Centers 16%.

The company returned capital via $0.56 per-share cash dividends in 2025 and repurchased 235,786 shares in Q4 at an average $9.37 per share under a $17.5 million buyback program. As of February 28, 2026, 15,704,912 common shares were outstanding, and non‑affiliate market value was about $116.3 million as of June 30, 2025.

Management highlights exposure to tariffs, trade agreements and geopolitical risk, especially given heavy sourcing from China and manufacturing in countries such as Haiti, as well as competition across all segments. The company employed about 6,520 full‑time staff worldwide as of December 31, 2025.

Superior Group of Companies reported a modestly stronger fourth quarter 2025, with net sales rising to $146.6 million from $145.4 million a year earlier. Net income increased to $3.5 million, or $0.23 per diluted share, compared with $2.1 million, or $0.13 per share.

EBITDA for the quarter improved to $8.6 million from $7.3 million, reflecting cost control and higher gross profit. For full-year 2025, net sales were $566.2 million and diluted earnings per share were $0.46, down from $0.73 in 2024.

The company issued a 2026 outlook calling for net sales of $572 million to $585 million and diluted earnings per share between $0.54 and $0.66, implying expected growth in both revenue and profitability versus 2025. Management highlighted ongoing efficiency initiatives, cost containment and a continued dividend as strategic priorities.