Superior Group Q1 net sales $130.8M (-9% YoY); net income falls to $0.9M from $5.2M

SUPERIOR GROUP OF COMPANIES, INC.

2023-Q1 EPS reported $0.06 revenue$130,773,000

Net sales $130.8M vs $143.6M Q1 2022; net income $0.9M ($0.06 diluted EPS) vs $5.2M ($0.32).
Contact Centers segment saw strong sales growth >20%; Healthcare Apparel and Branded Products restrained by soft economy.
Board declared $0.14 dividend payable June 2, 2023 to holders of record May 19, 2023.
Reaffirmed FY2023 guidance: sales $585M-$595M, EPS $0.92-$0.97.
EBITDA of $6.9M vs $10.0M prior year; management cites free cash flow focus and reduced net leverage.

item 2.02 item 9.0

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.98

SUPERIOR GROUP OF COMPANIES, INC. reported first quarter 2023 results: revenue $130.8 million, net income $0.9 million, EPS $0.06 per diluted share. Guidance reaffirmed.

Period: first quarter 2023
Revenue: $130.8 million
Net income: $0.9 million
EPS: $0.06 per diluted share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

For the first quarter of 2023, net sales of $130.8 million compared to first quarter 2022 net sales of $143.6 million. Net income of $0.9 million or $0.06 per diluted share compared to $5.2 million or $0.32 per diluted share, respectively, in the first quarter of 2022.

View on SEC.gov

Browse all earnings releases →

SUPERIOR GROUP OF COMPANIES, INC. filing history →

Source: SEC EDGAR

accession 0001437749-23-013021

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.