Picture of Superior of Companies logo

SGC — Superior of Companies News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer CyclicalsAdventurousSmall CapSuper Stock

Superior Group Q2 profit beats on strong branded products segment performance

Superior Group Q2 profit beats on strong branded products segment performance


Overview

  • US uniform and branded products supplier's Q2 sales rose, beating analyst expectations

  • Adjusted EPS for Q2 more than doubled from prior year and beat analyst expectations

  • Q2 adjusted EBITDA increased and beat analyst expectations


Outlook

  • Superior Group forecasts 2026 net sales of $572.0 mln to $585.0 mln

  • Company expects 2026 adjusted EPS of $0.54 to $0.66

  • Superior Group anticipates stronger results in second half due to seasonal factors


Result Drivers

  • BRANDED PRODUCTS - Co said Branded Products segment performed especially well in Q2, driving adjusted EPS increase

  • SOFT MARKET CONDITIONS - Co said it is navigating through soft market conditions

  • TRADE NAME IMPAIRMENT - Co recorded a non-cash trade name impairment charge in Healthcare Apparel segment, impacting reported net income


Company press release: ID:nGNX1rHSt7


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Sales

Beat

$147.80 mln

$142.86 mln (3 Analysts)

Q2 Adjusted EPS

Beat

$0.21

$0.10 (3 Analysts)

Q2 Adjusted Net Income

Beat

$3.20 mln

$1.39 mln (2 Analysts)

Q2 Net Income

$1.20 mln

Q2 Adjusted EBITDA

Beat

$7.70 mln

$6.42 mln (3 Analysts)

Q2 Dividend

$0.14


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the apparel & accessories peer group is "buy"

  • Wall Street's median 12-month price target for Superior Group of Companies Inc is $17.50, about 35.4% above its August 3 closing price of $12.92

  • The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 17 three months ago


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Recent news on Superior of Companies

See all news