Superior Group of Companies Inc
NASDAQ:SGC
Superior Group of Companies Inc
Superior Group of Cos., Inc. engages in the manufacture and sale of uniforms, corporate identity apparel, career apparel, and accessories to the medical and health fields as well as for the industrial, commercial, leisure, and public safety industries. The company is headquartered in Seminole, Florida and currently employs 6,000 full-time employees. The firm operates through three segments: Uniforms and Related Products, Remote Staffing Solutions, and Promotional Products. Its Uniforms and Related Products segment, through its brands Fashion Seal Healthcare, HPI and WonderWink, manufactures and sells a range of uniforms, corporate identity apparel, career apparel and accessories. The company services its Remote Staffing Solutions segment through The Office Gurus entities, including its subsidiaries in El Salvador, Belize, Jamaica, Dominican Republic, and the United States (collectively TOG). The Promotional Products segment, through its brands BAMKO, Public Identity, Tangerine, Gifts by Design and Sutter’s Mill brands, services customers that purchase primarily promotional and related products.
Superior Group of Cos., Inc. engages in the manufacture and sale of uniforms, corporate identity apparel, career apparel, and accessories to the medical and health fields as well as for the industrial, commercial, leisure, and public safety industries. The company is headquartered in Seminole, Florida and currently employs 6,000 full-time employees. The firm operates through three segments: Uniforms and Related Products, Remote Staffing Solutions, and Promotional Products. Its Uniforms and Related Products segment, through its brands Fashion Seal Healthcare, HPI and WonderWink, manufactures and sells a range of uniforms, corporate identity apparel, career apparel and accessories. The company services its Remote Staffing Solutions segment through The Office Gurus entities, including its subsidiaries in El Salvador, Belize, Jamaica, Dominican Republic, and the United States (collectively TOG). The Promotional Products segment, through its brands BAMKO, Public Identity, Tangerine, Gifts by Design and Sutter’s Mill brands, services customers that purchase primarily promotional and related products.
Revenue Guidance Raised: The company tightened its full-year 2025 revenue outlook to $560–570 million, raising the midpoint and indicating slight year-over-year growth at the high end.
Sequential Improvement: Third quarter earnings were solid and improved compared to the second quarter, in line with management expectations.
Revenue Decline: Consolidated revenue fell 7% year-over-year, mainly due to a pull forward of branded product revenues and a strong prior-year period.
Cost Reductions: SG&A expenses declined by $4 million, or 7%, across all segments, reflecting successful cost-saving initiatives.
Branded Products Performance: Segment revenue dropped 8% due to order timing and customer trends, but combined Q2 and Q3 revenue was up year-over-year with a strong backlog.
Gross Margin Pressure: Gross margin declined to 38.3% from 40.4% last year, mainly due to customer and product mix.
Healthy Liquidity: The company reported over $100 million in liquidity and maintains a strong balance sheet, supporting growth and shareholder returns.
