Increase in Net Sales
Net sales for the first quarter reached $322 million, up from $316 million in the prior year period.
Significant Quoting Activity
Year-to-date, Superior has quoted on more than 53 million lifetime wheels, twice the level compared to last year at the same time.
Successful Debt Refinancing in 2024
Superior refinanced its debt in 2024, reducing total debt by $117 million and extending debt maturities to the end of 2028.
Improvement in Cash Flow
Unlevered free cash flow increased to $33 million compared to $8 million in the prior year period, driven by lower working capital.