Superior Group of Companies Reports Q4 2024 Results

Superior Uniform ( (SGC) ) has released its Q4 earnings. Here is a breakdown of the information Superior Uniform presented to its investors.

Superior Group of Companies, Inc. is a diversified entity operating in the healthcare apparel, branded products, and contact centers sectors, known for its commitment to service, quality, and advanced technology. The company recently released its fourth-quarter 2024 earnings report, highlighting a slight decline in net sales to $145.4 million from $147.2 million in the previous year, and a decrease in net income to $2.1 million from $3.6 million. Despite these declines, Superior Group of Companies demonstrated resilience with a 4% growth in sales and a 35% increase in diluted EPS for the full year. The company also announced a new stock repurchase plan, authorizing up to $17.5 million in buybacks, reflecting confidence in its future prospects. Looking ahead, the company forecasts 2025 net sales between $585 million and $595 million, with earnings per diluted share expected to range from $0.75 to $0.82. Superior Group of Companies remains focused on cost management, operational efficiencies, and innovation, positioning itself for growth and market share expansion in the coming year.