{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-022329","form_type":"8-K","ticker":"SGC","cik":"0000095574","company_name":"SUPERIOR GROUP OF COMPANIES, INC.","filed_at":"2023-08-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.117022+00:00","generated_at":"2026-06-12T05:29:59.945345+00:00","sec_items":["2.02","9.0"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Superior Group Q2 net sales down 12.7% to $129.2M; net income $1.2M vs loss $26.7M YoY; declares $0.14 dividend","bullets":["Net sales $129.2M, down 12.7% YoY; net income $0.08 per diluted share vs loss $1.70 in prior year.","Adjusted EBITDA $7.4M vs $4.8M YoY; adjusted EPS $0.08 flat YoY (excluding $28M impairment charges).","Board declares quarterly dividend of $0.14/share, payable Sept 8 to holders of record Aug 25.","FY2023 guidance: sales $550-560M (vs $579M in 2022), EPS $0.45-0.55 (vs adjusted $0.62 in 2022).","CEO cites commitment to free cash flow, debt reduction; expects stronger H2 results."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-022329","json":"https://secwatch.observer/filing/0001437749-23-022329.json","markdown":"https://secwatch.observer/filing/0001437749-23-022329.md","text":"https://secwatch.observer/filing/0001437749-23-022329.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/95574/000143774923022329/0001437749-23-022329-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/95574/000143774923022329/sgc20230519_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T05:29:59.945345+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1176368d4595a537c8264922f43b6a2a14669113","claim":"SUPERIOR GROUP OF COMPANIES, INC. reported full-year 2023 results: revenue $550 million to $560 million, EPS $0.45 to $0.55.","evidence_excerpt":"For full-year 2023, the Company is updating its Outlook to include a sales forecast of $550 million to $560 million compared to $579 million in 2022, and an earnings per share forecast of $0.45 to $0.55 compared to $0.62 of adjusted earnings per share in 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/95574/000143774923022329/0001437749-23-022329-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full-year 2023"},{"label":"Revenue","value":"$550 million to $560 million"},{"label":"EPS","value":"$0.45 to $0.55"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"c4b77f27253681f6b50c3919606b118b55980542","claim":"SUPERIOR GROUP OF COMPANIES, INC. reported second quarter ended June 30, 2023 results: revenue $129.2 million, net income $1.2 million, EPS $0.08 per diluted share. Guidance reaffirmed.","evidence_excerpt":"--- EX-99.1 2 ex_524146.htm EXHIBIT 99.1 ex_524146.htm Exhibit 99.1 FOR IMMEDIATE RELEASE SUPERIOR GROUP OF COMPANIES REPORTS SECOND QUARTER 2023 RESULTS – Total Net Sales of $129.2 Million versus $147.9 million in Prior Year Second Quarter – – Net Income of $1.2 Million versus ($26.7) Million in Prior Year Second Quarter, which included non-cash after-tax charges","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/95574/000143774923022329/0001437749-23-022329-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended June 30, 2023"},{"label":"Revenue","value":"$129.2 million"},{"label":"Net income","value":"$1.2 million"},{"label":"EPS","value":"$0.08 per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}