---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-006961"
form_type: "8-K"
ticker: "SGC"
cik: "0000095574"
company_name: "SUPERIOR GROUP OF COMPANIES, INC."
filed_at: "2022-03-23T23:59:59+00:00"
generated_at: "2026-06-26T20:27:02.981323+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Superior Group restates 2021 earnings; net income up $2.2M on tax correction

## Summary
- Full-year 2021 net sales $537.0M (+2% YoY); net income $29.4M ($1.83 diluted EPS) vs $41.0M ($2.65) in 2020.
- Correction reduced tax expense by $2.2M, increasing net income by $0.14 per diluted share.
- Q4 2021 net sales $142.0M (-2.3% YoY); net income $4.4M ($0.27 diluted) vs $12.5M ($0.79).
- Non-cash pension termination charge of $7.8M pre-tax reduced full-year net income by $0.32 per share.
- Excluding PPE, BAMKO sales up 65% and The Office Gurus up 54% annually; PPE inventory write-down $2.0M.

## SEC filing metadata
- accession: 0001437749-22-006961
- form_type: 8-K
- ticker: SGC
- cik: 0000095574
- company_name: SUPERIOR GROUP OF COMPANIES, INC.
- filed_at: 2022-03-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.0
- EDGAR index: https://www.sec.gov/Archives/edgar/data/95574/000143774922006961/0001437749-22-006961-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/95574/000143774922006961/sgc20220316b_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-006961
- JSON: https://secwatch.observer/filing/0001437749-22-006961.json
- Plain text: https://secwatch.observer/filing/0001437749-22-006961.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.