---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-006706"
form_type: "8-K"
ticker: "SGC"
cik: "0000095574"
company_name: "SUPERIOR GROUP OF COMPANIES, INC."
filed_at: "2023-03-15T23:59:59+00:00"
generated_at: "2026-06-18T02:43:31.343736+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Superior Group Q4 net income drops to $2.2M; adjusted net loss of $0.9M; guides 2023 sales $585-595M

## Summary
- Net sales $148.6M (+5% YoY); net income $2.2M ($0.14/diluted) vs $4.4M ($0.27) prior year.
- Adjusted net loss ($0.9M) ($0.06/share) vs adjusted net income $5M ($0.31) in Q4 2021.
- Includes $6M pre-tax non-cash inventory write-down in Healthcare Apparel segment.
- Adjusted EBITDA $3.5M vs $8.1M in Q4 2021.
- FY 2023 guidance: sales $585-595M; EPS $0.92-0.97 vs 2022 adjusted EPS $0.62.

## SEC filing metadata
- accession: 0001437749-23-006706
- form_type: 8-K
- ticker: SGC
- cik: 0000095574
- company_name: SUPERIOR GROUP OF COMPANIES, INC.
- filed_at: 2023-03-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.0
- EDGAR index: https://www.sec.gov/Archives/edgar/data/95574/000143774923006706/0001437749-23-006706-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/95574/000143774923006706/sgc20221007_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-006706
- JSON: https://secwatch.observer/filing/0001437749-23-006706.json
- Plain text: https://secwatch.observer/filing/0001437749-23-006706.txt

## Key facts
- Earnings Releases
  SUPERIOR GROUP OF COMPANIES, INC. reported full year 2023 results: revenue $585 million to $595 million, EPS $0.92 to $0.97. Guidance initiated.
  - Period: full year 2023
  - Revenue: $585 million to $595 million
  - EPS: $0.92 to $0.97
  - Guidance: initiated
  - Result: guidance update
  source text: The Company is forecasting full year 2023 sales to be $585 million to $595 million versus 2022 sales of $579 million. For the full year 2023, the Company is forecasting earnings per share to be $0.92 to $0.97, compared to $0.62 adjusted earnings per share in 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/95574/000143774923006706/0001437749-23-006706-index.htm
- Earnings Releases
  SUPERIOR GROUP OF COMPANIES, INC. reported the fourth quarter ended December 31, 2022 results: revenue $148.6 million, net income $2.2 million, EPS $0.14 per diluted share.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $148.6 million
  - Net income: $2.2 million
  - EPS: $0.14 per diluted share
  - Result: reported results
  source text: For the fourth quarter, net sales increased 5% to $148.6 million compared to fourth quarter 2021 net sales of $142.0 million. Net income was $2.2 million or $0.14 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/95574/000143774923006706/0001437749-23-006706-index.htm

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