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Superior Group (SGC) Laps the Stock Market: Here's Why
ZACKS· 2024-09-10 23:21
Superior Group (SGC) closed the latest trading day at $14.02, indicating a +0.72% change from the previous session's end. The stock exceeded the S&P 500, which registered a gain of 0.45% for the day. Meanwhile, the Dow experienced a drop of 0.23%, and the technology-dominated Nasdaq saw an increase of 0.84%. Shares of the uniform maker have appreciated by 6.99% over the course of the past month, outperforming the Consumer Discretionary sector's gain of 3.49% and the S&P 500's gain of 2.54%. Market participa ...
Wall Street Analysts Think Superior Group (SGC) Is a Good Investment: Is It?
ZACKS· 2024-08-30 14:30
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Superior Group (SGC) . Superior Group currently has an average brokerage recommendation (ABR) ...
Superior of panies(SGC) - 2024 Q2 - Earnings Call Presentation
2024-08-07 00:54
Company Overview - Superior Group of Companies has three diversified businesses: Healthcare Apparel, Branded Products, and Contact Centers[5] - The company has shown significant revenue growth across these segments, with a consolidated Compound Annual Growth Rate (CAGR) of 9% from 2018 to 2023[6] - The company has paid uninterrupted dividends since 1977[5] Segment Performance - In 2023, Healthcare Apparel revenue was $114 million, Branded Products revenue was $343 million, and Contact Centers revenue was $87 million[6] - Contact Centers experienced the highest revenue CAGR from 2018 to 2023[6] - Branded Products EBITDA margin was 97% in 2023[24] - Contact Centers EBITDA margin was 136% in 2023[35] Financial Highlights - The company delivered sustained annualized revenue growth of 14% since 2013[38] - In 2023, the company's net sales were $543302 thousand[45] - The company's Debt to EBITDA ratio was 14x as of 12/31/23 and 17x as of 06/30/24[40]
Superior of panies(SGC) - 2024 Q2 - Earnings Call Transcript
2024-08-07 00:54
Superior Group of Companies, Inc. (NASDAQ:SGC) Q2 2024 Earnings Conference Call August 6, 2024 5:00 PM ET Company Participants Michael Benstock - Chief Executive Officer Mike Koempel - Chief Financial Officer Conference Call Participants Kevin Steinke - Barrington Research Keegan Cox - D.A. Davidson James Sidoti - Sidoti & Co [Transcript Provided by the Company] Operator Good afternoon, everyone. Welcome to the Superior Group of Companies Second Quarter 2024 Conference Call. With us today are Michael Be ...
Superior Group (SGC) Q2 Earnings and Revenues Lag Estimates
ZACKS· 2024-08-07 00:25
Superior Group (SGC) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -60%. A quarter ago, it was expected that this uniform maker would post earnings of $0.07 per share when it actually produced earnings of $0.24, delivering a surprise of 242.86%. Over the last four quarters, the com ...
Superior Group of Companies Reports Second Quarter 2024 Results
GlobeNewswire News Room· 2024-08-06 20:05
Core Insights - The company reported total net sales of $131.7 million for the second quarter of 2024, a 2.0% increase from $129.2 million in the same quarter of the previous year [1][3] - Net income decreased to $0.6 million, or $0.04 per diluted share, compared to $1.2 million, or $0.08 per diluted share, in the prior year [1][3][10] - The Board of Directors declared a quarterly dividend of $0.14 per share, reflecting confidence in future growth opportunities [1][3][4] Financial Performance - The second quarter results showed a decline in EBITDA to $5.6 million from $7.4 million in the prior year, with an EBITDA margin of 4.2% compared to 5.8% [1][3][14] - The company maintained its full-year sales outlook in the range of $563 million to $570 million, up from $543 million in 2023, and earnings per diluted share forecast of $0.73 to $0.79, compared to $0.54 in 2023 [4][8] Operational Highlights - The CEO emphasized the commitment to maintaining a strong financial position and the expectation of stronger performance in the second half of the year [2] - The company is focused on penetrating large and growing end markets, which is expected to enhance long-term shareholder value [2][8] Segment Performance - For the three months ended June 30, 2024, net sales by segment included $81.3 million from Branded Products, $26.6 million from Healthcare Apparel, and $24.8 million from Contact Centers [15] - The gross margin for the total sales was $50.8 million, with selling and administrative expenses totaling $48.4 million [15][16]
Superior Group (SGC) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2024-07-31 23:15
Superior Group (SGC) closed the latest trading day at $19.92, indicating a +1.53% change from the previous session's end. The stock exceeded the S&P 500, which registered a gain of 1.08% for the day. Elsewhere, the Dow gained 0.75%, while the tech-heavy Nasdaq added 2.64%. Coming into today, shares of the uniform maker had gained 1.98% in the past month. In that same time, the Consumer Discretionary sector lost 0.08%, while the S&P 500 lost 0.44%. The investment community will be closely monitoring the perf ...
Why Superior Group (SGC) Dipped More Than Broader Market Today
ZACKS· 2024-07-25 23:21
Analysts and investors alike will be keeping a close eye on the performance of Superior Group in its upcoming earnings disclosure. The company's earnings report is set to go public on August 6, 2024. In that report, analysts expect Superior Group to post earnings of $0.10 per share. This would mark year-over-year growth of 25%. Meanwhile, the latest consensus estimate predicts the revenue to be $136.6 million, indicating a 5.76% increase compared to the same quarter of the previous year. Investors should al ...
Why Superior Group (SGC) Outpaced the Stock Market Today
ZACKS· 2024-07-12 23:20
Superior Group (SGC) closed at $19.61 in the latest trading session, marking a +1.76% move from the prior day. The stock's change was more than the S&P 500's daily gain of 0.55%. Elsewhere, the Dow saw an upswing of 0.62%, while the tech-heavy Nasdaq appreciated by 0.63%. The uniform maker's stock has dropped by 2.33% in the past month, falling short of the Consumer Discretionary sector's loss of 0.99% and the S&P 500's gain of 4.28%. Market participants will be closely following the financial results of Su ...
Superior Group (SGC) Flat As Market Gains: What You Should Know
ZACKS· 2024-06-27 23:21
The most recent trading session ended with Superior Group (SGC) standing at $18.97, reflecting no shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily gain of 0.09%. Elsewhere, the Dow gained 0.09%, while the tech-heavy Nasdaq added 0.3%. Analysts and investors alike will be keeping a close eye on the performance of Superior Group in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $0.10, reflecting a 25% increase ...