Superior Group Of Companies, Inc. ( (SGC) ) has released its Q2 earnings. Here is a breakdown of the information Superior Group Of Companies, Inc. presented to its investors.
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Superior Group of Companies, Inc., a diversified enterprise engaged in healthcare apparel, branded products, and contact centers, has reported its financial results for the second quarter of 2025, showcasing a notable increase in revenue and profitability.
The company announced a 9% increase in total net sales, reaching $144.0 million compared to $131.7 million in the same quarter last year. Net income also saw a significant rise, climbing to $1.6 million from $0.6 million in the previous year, while EBITDA grew by 9% to $6.1 million. The company continued its stock repurchase plan and declared a quarterly dividend of $0.14 per share.
Key financial highlights include a substantial 14% growth in branded products sales, contributing to the overall revenue increase. The company maintained a strong balance sheet, allowing it to navigate market changes effectively, invest in future growth, and return capital to shareholders. The board approved a dividend payout, and the company repurchased approximately 390,000 shares, leaving $12.3 million available under its repurchase authorization.
Looking ahead, Superior Group of Companies maintains its full-year revenue outlook of $550 million to $575 million. The management remains optimistic about leveraging diverse sourcing channels and marketing strategies to capitalize on market conditions, aiming for sustained growth and shareholder value enhancement.