---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-013021"
form_type: "8-K"
ticker: "SGC"
cik: "0000095574"
company_name: "SUPERIOR GROUP OF COMPANIES, INC."
filed_at: "2023-05-08T23:59:59+00:00"
generated_at: "2026-06-15T15:32:03.452204+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-23-013021
- form_type: 8-K
- ticker: SGC
- cik: 0000095574
- company_name: SUPERIOR GROUP OF COMPANIES, INC.
- filed_at: 2023-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.0
- EDGAR index: https://www.sec.gov/Archives/edgar/data/95574/000143774923013021/0001437749-23-013021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/95574/000143774923013021/sgc20230126_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-013021
- JSON: https://secwatch.observer/filing/0001437749-23-013021.json
- Plain text: https://secwatch.observer/filing/0001437749-23-013021.txt

## Key facts
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/95574/000143774923013021/0001437749-23-013021-index.htm

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