Welcome to our dedicated page for Superior Group of Companies news (Ticker: SGC), a resource for investors and traders seeking the latest updates and insights on Superior Group of Companies stock.
Superior Group of Companies, Inc. (NASDAQ: SGC) is a diversified enterprise specializing in the manufacture and sale of apparel and accessories across the United States and internationally. The company operates through three primary segments: Uniforms and Related Products, Remote Staffing Solutions, and Promotional Products.
In the Uniforms and Related Products segment, Superior Group produces and sells a wide array of uniforms and corporate identity apparel. This includes career apparel and accessories for personnel in hospitals, health facilities, hotels, food service facilities, retail stores, transportation, and various other sectors. The company also offers industrial laundry bags and promotional products for branded marketing programs.
The Remote Staffing Solutions segment provides outsourced and remote staffing services, contributing to the company's diversified business model. This segment supports various industries by offering customer service solutions and office support services.
The Promotional Products segment generates the highest revenue by producing and selling customized merchandising solutions, promotional products, and branded uniform programs. These products are designed to enhance brand engagement and create memorable experiences for customers and employees.
Founded in 1920, Superior Group of Companies has a long-standing commitment to quality, innovation, and customer service. The company leverages advanced technology and omnichannel commerce to maintain its competitive edge. Superior Group continues to pursue both organic growth and strategic acquisitions to enhance shareholder value.
Recently, the company announced it will release its fourth-quarter and full-year 2023 financial results on March 13, 2024. The announcement will be followed by a teleconference hosted by CEO Michael Benstock and CFO Mike Koempel. For more information, visit the company's website at www.superiorgroupofcompanies.com.
Superior Group of Companies offers a strong blend of traditional craftsmanship and modern innovation, ensuring it remains a key player in the apparel and remote staffing markets.
Superior Group of Companies (NASDAQ: SGC) announced that CEO Michael Benstock and CFO Mike Koempel will participate in a fireside chat at the Sidoti June Virtual Investor Conference. The event is scheduled for June 12, 2024, at 1:00 PM Eastern Time. A live webcast and replay will be accessible on the company's Investor Relations website. Additionally, the management team will host virtual meetings throughout the day.
Superior Group of Companies, Inc. (NASDAQ: SGC) reported strong first quarter 2024 results, with total net sales of $138.8 million, net income of $3.9 million, and EBITDA of $9.6 million. The company also raised its full-year outlook and approved a $0.14 per share quarterly dividend. The CEO highlighted revenue and EBITDA growth, positive cash flow, and improved financial flexibility. The company is confident in its future outlook and is focused on enhancing shareholder value through investments in talent, processes, and systems.
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