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to a range of $550 million to $575 million, down from the previous range of $585 million to $595 million, and has withdrawn its previously issued full-year 2025 earnings per diluted share guidance.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.
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