Superior Group of Companies Reports Q1 2025: Sales Steady at $137.1M, Net Loss of $0.8M, EPS Drops to ($0.05)

Reuters
05-09
Superior Group of Companies Reports Q1 2025: Sales Steady at $137.1M, Net Loss of $0.8M, EPS Drops to ($0.05)

Superior Group of Companies Inc. announced its first quarter 2025 results, reporting total net sales of $137.1 million, slightly down from $138.8 million in the same quarter of the previous year. The company recorded a net loss of $0.8 million for the quarter, in contrast to a net income of $3.9 million in the first quarter of 2024. EBITDA for the quarter was $3.5 million, compared to $9.6 million in the prior year's first quarter. The company has also continued its stock repurchase plan, completing a $10 million repurchase plan approved in August 2024 by buying approximately 294,000 shares for $3.8 million during the quarter. There remains approximately $16.3 million under its existing repurchase authorization. Furthermore, the Board of Directors declared a quarterly dividend of $0.14 per share, payable on May 30, 2025, to shareholders of record as of May 19, 2025. In light of heightened macroeconomic uncertainty, Superior Group has adjusted its full-year 2025 revenue outlook to a range of $550 million to $575 million, down from the previous range of $585 million to $595 million, and has withdrawn its previously issued full-year 2025 earnings per diluted share guidance. Despite the challenging environment, the company remains focused on reducing expenses and continuing share repurchases to create additional shareholder value.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Superior Group of Companies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-015497), on May 08, 2025, and is solely responsible for the information contained therein.

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