SUPERIOR GROUP OF COMPANIES, INC.

Listed Company

SGCCIK 0000095574NasdaqAcceleratedSmaller ReportingApparel & Other Finishd Prods Of Fabrics & Similar MatlFloridaFY ends Dec 31

Period

FY 2025

Revenue

$566.18M

Net Income

$7.00M

Total Assets

$421.84M

Equity

$192.82M

Shares Out

15.70M

Op. Cash Flow

$19.71M

Business

SUPERIOR GROUP OF COMPANIES, INC. provides branded merchandise, healthcare apparel and outsourced contact center services through its subsidiaries. It produces and sells customized promotional products, branded uniform programs, healthcare apparel such as scrubs, lab coats, patient gowns and related accessories, and offers nearshore business process outsourcing and call‑center support. Its operations are organized into three reportable segments: Branded Products, Healthcare Apparel and Contact Centers. The company sells to retail, food service, entertainment, healthcare laundries, distributors and corporate customers across North America and through international sourcing and distribution channels.

Summary from filing dated 2025-03-11

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Net sales	566	566	543	579	537
Cost of goods sold	353	345	340	385	351
Selling, General and Administrative Expense	199	200	184	176	142
Interest expense	5	6	10	5	1
Costs and Expenses	558	551	534	620	504
Income before income tax expense	8	14	10	−38	33
Income tax expense, net	1	2	997,000	−6	4
Net income	7	12	9	−32	29
Basic (in dollars per share)	0.47	0.75	0.55	−2.03	1.91
Diluted (in dollars per share)	0.46	0.73	0.54	−2.03	1.83
Basic (in shares)	15	16	16	16	15
Diluted (in shares)	15	17	16	16	16
Defined benefit pension plans	−968,000	301,000	−9,000	1	2
Foreign currency translation adjustment	2	−3	735,000	−215,000	−310,000
Other comprehensive income (loss)	662,000	−3	726,000	3	6
Comprehensive income	8	9	9	−29	35
Cash dividends per common share (in dollars per share)	0.56	0.56	0.56	0.54	0.46

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	24	19	20	18	9
Accounts receivable	104	95	103	105	107
Inventories	97	97	98	125	121
Contract assets	49	52	49	53	38
Prepaid expenses and other current assets	13	11	9	14	19
Total current assets	288	273	279	318	299
Property, plant and equipment, net	37	42	47	51	50
Operating lease right-of-use assets	13	16	18	9	8
Deferred tax asset	15	14	12	11	0
Intangible assets, net	47	51	51	56	60
Goodwill	3	2	0	0	39
Other assets	19	17	15	12	13
Total assets	422	415	422	457	470
Accounts payable	48	51	51	42	52
Other current liabilities	53	44	44	39	39
Current portion of long-term debt	7	6	5	4	15
Current portion of acquisition-related contingent liabilities	0	814,000	1	736,000	5
Total current liabilities	108	102	101	85	111
Long-term debt	87	80	89	152	101
Long-term pension liability	15	13	13	13	15
Long-term acquisition-related contingent liabilities	826,000	935,000	557,000	2	3
Long-term operating lease liabilities	8	10	13	4	4
Other long-term liabilities	10	9	9	9	9
Total liabilities	229	216	225	264	—
Commitments and contingencies (Note 7)	—	—	—	—	—
Preferred stock, $.001 par value - authorized 300,000 shares (none issued)	0	0	0	0	0
Common stock, $.001 par value - authorized 50,000,000 shares, issued and outstanding - 15,730,615 and 16,484,921 shares, respectively	16,000	16,000	16,000	16,000	16,000
Additional paid-in capital	85	84	77	73	69
Retained earnings	113	120	122	123	164
Accumulated other comprehensive loss, net of tax	−5	−5	−2	—	—
Total shareholders equity	193	199	198	193	227
Total liabilities and shareholders equity	422	415	422	457	470

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation and amortization	12	13	14	13	9
Inventory write-downs	2	2	2	14	3
Credit loss expense	2	232,000	539,000	3	2
Share-based compensation expense	5	4	4	4	4
Deferred income tax benefit	−846,000	−2	−2	−12	−3
Change in fair value of acquisition-related contingent liabilities	95,000	437,000	−189,000	−450,000	3
Non-cash operating lease expense	3	2	—	—	—
Change in fair value of written put options	0	653,000	489,000	−2	0
Other, net	299,000	507,000	749,000	—	—
Accounts receivable	−11	8	1	680,000	−3
Contract assets	3	−3	4	−15	1
Inventories	−3	−1	25	−16	−25
Prepaid expenses and other current assets	−2	−2	9	5	−8
Other assets	−2	−3	−2	2	−2
Accounts payable and other current liabilities	2	−403,000	13	−15	1
Payment of acquisition-related contingent liabilities	−791,000	−686,000	−279,000	−3	−4
Long-term pension liability	407,000	433,000	407,000	2	2
Other long-term liabilities	1	1	851,000	−434,000	3
Net cash provided by operating activities	20	33	79	−3	17
Additions to property, plant and equipment	−4	−4	−5	−11	−18
Acquisition of business	0	−4	0	−11	−16
Net cash used in investing activities	−4	−8	−6	−17	−34
Borrowings under revolving lines of credit	95	47	6	—	—
Payments under revolving lines of credit	−82	−50	−64	—	—
Payment of term loan	−6	−5	−4	−293	−223
Payment of cash dividends	−9	−9	−9	−9	−7
Payment of acquisition-related contingent liabilities	−226,000	−897,000	−553,000	−1	−2
Proceeds received on exercise of stock options	200,000	1	200,000	700,000	3
Shares withheld for taxes	−162,000	−317,000	0	−314,000	−584,000
Common shares repurchased and retired	−10	−7	0	0	0
Net cash used in financing activities	−12	−24	−72	29	21
Net increase (decrease) in cash and cash equivalents	5	−1	2	9	4
Effect of currency exchange rates on cash	977,000	−2	369,000	−30,000	−182,000
Income taxes paid (refunded), net	2	2	—	—	—
Interest paid	6	6	10	5	1

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro