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Superior Group Of Companies, Inc. (SGC)
:SGC
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Earnings Data
Report Date
Feb 20, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.17Last Year’s EPS
0.22Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 25, 2018
|% Change Since: -2.16%
|Next Earnings Date:Jul 26, 2018
Earnings Call Sentiment|Positive
The earnings call presented a strong financial performance with record revenues and significant EBITDA growth. However, challenges in the contact centers segment and ongoing customer hesitancy indicate areas of concern. The company's strategic investments and positive cash flow position it for future growth, yet the impact of supply chain issues remains a challenge.Company Guidance
During the Superior Group of Companies' Q3 2024 earnings call, guidance revealed optimistic financial metrics and strategic investments aimed at future growth. The company reported a 10% year-over-year revenue increase to $150 million, with notable contributions from healthcare apparel and branded products segments, each growing by 11%. The gross margin improved by 130 basis points to 40.4%, while EBITDA rose 26% to $11.7 million, enhancing the EBITDA margin by a full percentage point to 7.8%. Despite customer hesitancy, the company maintained efficient SG&A management, holding it almost flat at 34.9% of sales, and achieved a net income of $5.4 million, up from $3.1 million the previous year. Looking forward, the company reaffirmed its 2024 revenue guidance of $563 million to $570 million, with expected earnings per diluted share ranging from $0.73 to $0.79, driven by strategic investments in talent, technology, and market share expansion across its three business segments.Record Quarterly Revenues
Achieved revenues of $150 million, up 10% year-over-year, marking the highest quarterly revenues ever in core products and services.
Significant EBITDA Growth
EBITDA increased by 26% to $11.7 million from $9.3 million, with the EBITDA margin expanding by a full percentage point to 7.8%.
Healthcare Apparel and Branded Products Growth
Healthcare Apparel and Branded Products both saw 11% revenue growth compared to the previous year.
Improved Financial Strength
Generated positive operating cash flow, improved net leverage ratio, and reduced debt from $94 million at year-end 2023 to $85 million.
Successful Share Repurchase
Repurchased approximately 452,000 shares for $6.3 million, with $3.7 million remaining under the buyback authorization.
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SGC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SGC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $16.21 | $17.64 | +8.82% |
| Aug 06, 2024 | $17.21 | $11.92 | -30.74% |
| May 07, 2024 | $16.22 | $19.43 | +19.79% |
| Mar 13, 2024 | $13.82 | $15.69 | +13.53% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Superior Group Of Companies, Inc. (SGC) report earnings?
Superior Group Of Companies, Inc. (SGC) is schdueled to report earning on Feb 20, 2025, TBA Not Confirmed.
What is Superior Group Of Companies, Inc. (SGC) earnings time?
Superior Group Of Companies, Inc. (SGC) earnings time is at Feb 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SGC EPS forecast?
SGC EPS forecast for the fiscal quarter 2024 (Q4) is 0.17.
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