STOCK TITAN

Superior Group of Companies, Inc. - SGC STOCK NEWS

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.

Rhea-AI Summary

SEMINOLE, Fla., April 20, 2021 – Superior Group of Companies (NASDAQ: SGC) will release its first quarter 2021 results before the market opens on April 28, 2021. The CEO, Michael Benstock, and CFO, Andrew D. Demott, Jr., will lead a teleconference at 2:00 PM ET to discuss these results. Interested participants can join via specific dial-in numbers or access a live webcast through the company’s investor section online. A replay will be available after the call until May 12, 2021, using a designated conference number.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.74%
Tags
-
Rhea-AI Summary

Superior Group of Companies (SGC) will participate in the D.A. Davidson Annual Consumer Growth Conference on March 11, 2021. CEO Michael Benstock, COO Andy Demott, and CFO Jake Himelstein will present a fireside chat at 11:45 a.m. ET. The event will include virtual one-on-one meetings with management, providing investors a chance to engage directly. A webcast of the presentation will be available on the company’s investor relations website. SGC specializes in customized brand engagement solutions, boasting a diverse portfolio of uniform and promotional product brands.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.83%
Tags
conferences
-
Rhea-AI Summary

Superior Group of Companies (NASDAQ: SGC) reported a significant financial performance for the fourth quarter and full year 2020. Net sales surged by 34% in Q4 and 40% annually, totaling $526.7 million. Earnings per share reached $0.79, up 295% from 2019. The company successfully pivoted to personal protective equipment (PPE), generating $131.2 million in sales, compared to $3.9 million in 2019. Debt was reduced by $31.6 million, strengthening financial flexibility for future growth.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.63%
Tags
none
Rhea-AI Summary

Superior Group of Companies (SGC) will announce its fourth quarter and fiscal year 2020 results on March 1, 2021, before market opening. The teleconference, led by CEO Michael Benstock and CFO Andrew D. Demott, Jr., will take place at 2:00 p.m. ET the same day, allowing stakeholders to discuss the results and ask questions. Interested parties can join by phone or access the webcast through the company’s investor relations website. A replay will be available shortly after the call, lasting until March 15, 2021.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.75%
Tags
-
Rhea-AI Summary

The Board of Directors of Superior Group of Companies (NASDAQ: SGC) declared a quarterly dividend of $0.10 per share, payable on February 26, 2021, to shareholders of record as of February 15, 2021. This consistent dividend payout reflects the company's commitment to returning value to its shareholders while maintaining financial stability.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.06%
Tags
dividends
-
Rhea-AI Summary

SanMar Corporation has announced a partnership with WonderWink® to expand into the healthcare apparel market. The collaboration aims to provide high-quality scrubs designed for healthcare professionals, aligning with SanMar's distribution capabilities and WonderWink's innovative design. This initiative underscores SanMar's commitment to supporting frontline workers during the COVID-19 pandemic. The new line of scrubs will be available starting April 2021, featuring comfortable and functional designs tailored for medical workers.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.62%
Tags
none
Rhea-AI Summary

BAMKO, a promotional product and branded merchandise division of Superior Group of Companies (SGC), has acquired substantially all assets of Gifts By Design, an industry leader in corporate awards and recognition programs. The deal, effective February 1, 2021, includes approximately $18.2 million in revenue from Gifts By Design in 2020, which is expected to positively impact SGC's fiscal 2021 results. This acquisition enhances BAMKO's capabilities and allows for the expansion of their client services in a growing market segment.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.7%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.12%
Tags
none
-
Rhea-AI Summary

The Board of Directors of Superior Group of Companies (NASDAQ: SGC) has declared a quarterly dividend of $0.10 per share, payable on November 30, 2020, to shareholders recorded as of November 16, 2020. CEO Michael Benstock expressed confidence in the company's long-term growth, highlighting strong operating results and reduced debt leverage. The continued dividend underscores SGC's commitment to shareholder returns and the sustainability of its recurring dividend as a key aspect of its value proposition.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.68%
Tags
dividends
Rhea-AI Summary

Superior Group of Companies, Inc. (NASDAQ: SGC) reported a strong third quarter for 2020, with net sales increasing 43% to $127.8 million compared to $89.5 million in Q3 2019. Earnings per share rose 142% to $0.63, while pretax income improved to $12.1 million from $4.6 million in the prior year. The company reduced its debt by $8.2 million, totaling over $42.5 million in net debt repayments for 2020. CEO Michael Benstock expressed confidence in ongoing sales growth and emphasized the company's commitment to enhancing shareholder value amidst uncertainty.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.52%
Tags
none

FAQ

What is the current stock price of Superior Group of Companies (SGC)?

The current stock price of Superior Group of Companies (SGC) is $16.42 as of December 20, 2024.

What is the market cap of Superior Group of Companies (SGC)?

The market cap of Superior Group of Companies (SGC) is approximately 266.4M.

What does Superior Group of Companies, Inc. do?

Superior Group of Companies, Inc. manufactures and sells apparel and accessories in the U.S. and internationally through segments including uniforms, remote staffing, and promotional products.

What are the primary segments of Superior Group of Companies, Inc.?

The primary segments are Uniforms and Related Products, Remote Staffing Solutions, and Promotional Products.

When was Superior Group of Companies, Inc. established?

Superior Group of Companies, Inc. was established in 1920.

What type of products does the Uniforms and Related Products segment offer?

This segment provides uniforms, corporate identity apparel, career apparel, accessories, industrial laundry bags, and promotional products.

How does Superior Group of Companies, Inc. generate the most revenue?

The company generates maximum revenue through its Promotional Products segment, which offers customized merchandising solutions and branded uniform programs.

What recent updates has Superior Group of Companies, Inc. disclosed?

The company announced it will release its fourth-quarter and full-year 2023 financial results on March 13, 2024.

Where can I find more information about Superior Group of Companies, Inc.?

More information is available on the company's website at www.superiorgroupofcompanies.com.

Who are the key executives of Superior Group of Companies, Inc.?

Key executives include Michael Benstock (CEO) and Mike Koempel (CFO).

Does Superior Group of Companies, Inc. offer dividends?

Yes, the Board of Directors declared a quarterly dividend of $0.14 per share payable on June 3, 2024.

How does Superior Group of Companies, Inc. maintain its competitive edge?

The company leverages advanced technology, omnichannel commerce, and a commitment to quality and innovation to maintain its competitive edge.

Superior Group of Companies, Inc.

Nasdaq:SGC

SGC Rankings

SGC Stock Data

266.36M
11.02M
32.13%
46.07%
2.29%
Apparel Manufacturing
Apparel & Other Finishd Prods of Fabrics & Similar Matl
Link
United States of America
ST. PETERSBURG