Superior Group of Companies Reports Second Quarter 2025 Results

Core Insights - The company reported total net sales of $144.0 million for the second quarter of 2025, representing a 9% increase from $131.7 million in the same period of the previous year [1][3] - Net income rose to $1.6 million, up from $0.6 million in the prior year second quarter, translating to earnings of $0.10 per diluted share compared to $0.04 per diluted share previously [1][3] - EBITDA for the quarter was $6.1 million, reflecting a 9% increase from $5.6 million in the second quarter of 2024 [1][3] Financial Performance - The company achieved a 9% growth in revenue, primarily driven by a 14% increase in Branded Products sales, indicating strong sequential improvement from the first quarter [2] - The pretax earnings for the second quarter were $1.8 million, up from $0.7 million in the same quarter of 2024 [3] - The company maintained its full-year revenue outlook in the range of $550 million to $575 million [6] Shareholder Returns - The Board of Directors declared a quarterly dividend of $0.14 per share, payable on August 29, 2025, to shareholders of record as of August 18, 2025 [4] - During the second quarter, the company allocated $4.0 million to repurchase approximately 390,000 shares, with $12.3 million remaining under its existing repurchase authorization at quarter end [5] Operational Strategy - The company is leveraging diverse sourcing channels and marketing strategies to navigate changing market conditions and invest for future growth [2] - The company continues to execute its stock repurchase plan, viewing it as a compelling value [2]