Group 1 - Superior Group (SGC) has returned 27.6% year-to-date, outperforming the Consumer Discretionary sector average gain of 16.8% [4] - The Zacks Rank for Superior Group is currently 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [3] - The Zacks Consensus Estimate for SGC's full-year earnings has increased by 5.4% over the past three months, reflecting improving analyst sentiment [3] Group 2 - Superior Group belongs to the Textile - Apparel industry, which is ranked 65 in the Zacks Industry Rank, while the average return for this group is -3.1% this year [5] - La-Z-Boy (LZB), another outperforming stock in the Consumer Discretionary sector, has gained 22.1% year-to-date, with a Zacks Rank of 2 (Buy) [4][5] - The Furniture industry, which includes La-Z-Boy, is ranked 175 and has seen a decline of 15.6% this year [6]

Core Insights - The article compares two stocks in the Textile - Apparel sector: Superior Group (SGC) and Columbia Sportswear (COLM), evaluating which presents a better value opportunity for investors [1] Valuation Metrics - SGC has a forward P/E ratio of 21.72, while COLM has a forward P/E of 22.73 [5] - SGC's PEG ratio is 2.17, compared to COLM's PEG ratio of 3.71, indicating SGC may have a more favorable growth outlook relative to its valuation [5] - SGC's P/B ratio is 1.41, whereas COLM's P/B ratio is 2.82, suggesting SGC is more undervalued in terms of market value compared to its book value [6] Earnings Outlook - SGC is noted for having an improving earnings outlook, which contributes to its stronger Zacks Rank of 2 (Buy) compared to COLM's 3 (Hold) [3][7] - The article emphasizes that SGC's stronger earnings outlook and favorable valuation metrics make it a superior value option at this time [7] Value Grades - SGC has received a Value grade of A, while COLM has a Value grade of D, highlighting the relative undervaluation of SGC [6]

Core Insights - Superior Group (SGC) has recently reached a key level of support and has overtaken the 200-day moving average, indicating a long-term bullish trend [1] - SGC has experienced a rally of 12.1% over the past four weeks and currently holds a Zacks Rank 2 (Buy), suggesting potential for further upward movement [2] - Earnings estimate revisions for SGC show 2 upward revisions compared to none lower for the current fiscal year, with the consensus estimate also moving up, reinforcing the bullish outlook [3]

Core Viewpoint - Superior Group (SGC) shows potential as a stock pick due to its recent technical performance, surpassing key resistance levels and indicating a long-term bullish trend [1]. Group 1: Technical Analysis - SGC has recently surpassed the 200-day moving average, which is a significant indicator of a bullish trend [1]. - Over the past four weeks, SGC's stock price has increased by 18.5%, reflecting strong market performance [2]. - The 200-day simple moving average serves as a critical support or resistance level, helping traders and analysts gauge long-term market trends [2]. Group 2: Earnings Estimates - There has been one upward revision in SGC's earnings estimates for the current fiscal year, with no downward revisions, suggesting positive sentiment among analysts [3]. - The consensus earnings estimate for SGC has also increased, reinforcing the bullish outlook for the stock [3]. - Given the positive earnings estimate revisions and key technical levels, SGC is positioned for potential gains in the near future [3].

Financial Data and Key Metrics Changes - Consolidated revenues reached $150 million, a 10% increase year-over-year, marking the highest quarterly revenues in core products and services [7][8] - EBITDA rose to $11.7 million, up 26% from $9.3 million, with an EBITDA margin expansion of one percentage point to 7.8% [8][23] - Diluted EPS increased to $0.33 from $0.19 a year earlier [8][25] - Operating cash flow generated was $24 million year-to-date, with a net leverage ratio of 1.6x, improved from 2x at the end of 2023 [27][26] Business Segment Data and Key Metrics Changes - **Healthcare Apparel**: Revenue increased by 11% to $33 million, with EBITDA rising to $3.8 million from $3.1 million. Gross margin percentage increased by over 300 basis points [11][12][19] - **Branded Products**: Revenue also grew by 11% to $93 million, with EBITDA up more than 50% to $10.7 million. EBITDA margin expanded by over three percentage points [13][15][19] - **Contact Centers**: Revenue increased by 4% to $25 million, but EBITDA decreased to $3 million from $4.1 million due to increased costs [16][19] Market Data and Key Metrics Changes - The company noted soft market conditions, particularly in the wholesale channel for healthcare apparel, but saw growth in online channels [11][36] - Customer hesitancy remains, but there are signs of improvement post-election, with expectations for demand to return [33][36] Company Strategy and Development Direction - The company is focused on expanding its share in three large, growing, and fragmented markets through strategic investments in people, services, products, and technology [10] - Long-term strategy for contact centers includes catering to small and medium-sized enterprises and deploying new technology to enhance customer experience [17] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism about future performance, citing improved customer sentiment and a robust pipeline of new business opportunities [39][40] - The company reaffirmed its full-year 2024 revenue expectations in the range of $563 million to $570 million, indicating confidence in achieving these targets despite potential challenges [28] Other Important Information - The company repurchased approximately 452,000 shares for $6.3 million during the quarter, with $3.7 million remaining under the buyback authorization [27][26] - Supply chain delays from Q2 were largely resolved, but some logistical challenges remain [66][69] Q&A Session Summary Question: Impact of supply chain delays on revenue - Management estimated the impact of pushed-out revenue from Q2 to be in the few million dollars range, which was realized in Q3 [32] Question: Customer outlook and spending plans - Management noted that while demand is edging up, customers are still managing budgets tightly due to uncertainty [33][35] Question: New sales personnel contribution timeline - New sales personnel are expected to start contributing within six months to a year, depending on their industry connections [48][51] Question: Pricing power and cost increases - The company maintains competitive pricing, especially for new customers, and is exploring lower-cost solutions to remain competitive [52][54] Question: Share buyback completion in 2024 - Management confirmed plans to continue share repurchases under the current authorization as opportunities arise [56][57] Question: Acquisition landscape and priorities - The company is actively exploring acquisition opportunities, particularly in branded products and contact centers, to enhance market presence [73]

Superior Group (SGC) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 65%. A quarter ago, it was expected that this uniform maker would post earnings of $0.10 per share when it actually produced earnings of $0.04, delivering a surprise of -60%.Over the last four quarters, the company h ...

Exhibit 99.1 A NASDAO Listed Company: S0 FOR IMMEDIATE RELEASE SUPERIOR GROUP OF COMPANIES REPORTS THIRD QUARTER 2024 RESULTS – Total net sales of $149.7 million up from $136.1 million in prior year third quarter – – Net income of $5.4 million up from $3.1 million in prior year third quarter – – EBITDA of $11.7 million up from $9.3 million in prior year third quarter – – Board of Directors approves $0.14 per share quarterly dividend – – Reaf irms full-year outlook – ST. PETERSBURG, Fla., November 6, 2024 – ...

– Total net sales of $149.7 million up from $136.1 million in prior year third quarter –  – Net income of $5.4 million up from $3.1 million in prior year third quarter –  – EBITDA of $11.7 million up from $9.3 million in prior year third quarter –  – Board of Directors approves $0.14 per share quarterly dividend –  – Reaffirms full-year outlook – ST. PETERSBURG, Fla., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Superior Group of Companies, Inc. (NASDAQ: SGC) (the “Company”), today announced its third quarter 2024 res ...

In the latest market close, Superior Group (SGC) reached $15.15, with a +1.07% movement compared to the previous day. This change outpaced the S&P 500's 0.33% loss on the day. Elsewhere, the Dow saw a downswing of 0.22%, while the tech-heavy Nasdaq depreciated by 0.56%.The uniform maker's stock has dropped by 0.86% in the past month, falling short of the Consumer Discretionary sector's gain of 0.99% and the S&P 500's gain of 1.83%.The investment community will be closely monitoring the performance of Superi ...

The most recent trading session ended with Superior Group (SGC) standing at $14.80, reflecting a +0.75% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.22% gain on the day. At the same time, the Dow lost 0.33%, and the tech-heavy Nasdaq gained 0.76%.Shares of the uniform maker have depreciated by 0.94% over the course of the past month, underperforming the Consumer Discretionary sector's gain of 2.16% and the S&P 500's gain of 1.47%.Analysts and investors alike will be k ...