While Superior Industries has shown some positive momentum in terms of net sales and quoting activity, the significant loss of contracts and subsequent financial challenges present major concerns. The company's strategic moves towards refinancing and potential recapitalization highlight efforts to stabilize, but the suspension of guidance and liquidity constraints indicate a challenging outlook.
Company Guidance
During the first quarter of fiscal year 2025 earnings call, Superior Industries provided an update on their financial and business performance amidst a challenging macroeconomic environment. The company reported net sales of $322 million, a slight increase from $316 million in the same period last year, and an adjusted EBITDA of $25 million with a 15% margin of value-added sales. However, Superior faced a significant setback when notified by North American OEM customers of their intent to resource existing contracts, impacting 33% of expected 2025 revenue. In response, Superior secured a commitment for up to $70 million in additional term loans and is pursuing a broader recapitalization transaction aimed at deleveraging the balance sheet by eliminating preferred equity and reducing outstanding debt. Despite the challenges, Superior highlighted their competitive advantage in local-for-local manufacturing in Mexico and Poland, quoting on over 53 million lifetime wheels year-to-date. Consequently, the company suspended its full-year 2025 guidance, pending more stable conditions and clarity from ongoing discussions with lenders and preferred shareholders.
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.
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Superior Industries International (SUP) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
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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SUP Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 12, 2025
$2.87
$0.80
-72.13%
Mar 06, 2025
$1.67
$2.02
+20.96%
Nov 07, 2024
$2.77
$2.61
-5.78%
Aug 08, 2024
$2.75
$2.97
+8.00%
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 Industries International (SUP) report earnings?
Superior Industries International (SUP) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is Superior Industries International (SUP) earnings time?
Superior Industries International (SUP) earnings time is at Jul 31, 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.