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Superior of panies(SGC) - 2024 Q2 - Quarterly Results
2024-08-06 20:31
Exhibit 99.1 A NASDAQ Listed Company: S0 FOR IMMEDIATE RELEASE SUPERIOR GROUP OF COMPANIES REPORTS SECOND QUARTER 2024 RESULTS – Total net sales of $131.7 million up from $129.2 million in prior year second quarter – – Net income of $0.6 million compared to $1.2 million in prior year second quarter – – EBITDA of $5.6 million compared to $7.4 million in prior year second quarter – – Board of Directors approves $0.14 per share quarterly dividend – – Maintains full-year outlook – ST. PETERSBURG, Fla., August 6 ...
Superior Group of Companies Reports Second Quarter 2024 Results
GlobeNewswire News Room· 2024-08-06 20:05
– Total net sales of $131.7 million up from $129.2 million in prior year second quarter – – Net income of $0.6 million compared to $1.2 million in prior year second quarter – – EBITDA of $5.6 million compared to $7.4 million in prior year second quarter – – Board of Directors approves $0.14 per share quarterly dividend – – Maintains full-year outlook – ST. PETERSBURG, Fla., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Superior Group of Companies, Inc. (NASDAQ: SGC) (the "Company"), today announced its second quarter 2 ...
Superior Group (SGC) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2024-07-31 23:15
Superior Group (SGC) closed the latest trading day at $19.92, indicating a +1.53% change from the previous session's end. The stock exceeded the S&P 500, which registered a gain of 1.08% for the day. Elsewhere, the Dow gained 0.75%, while the tech-heavy Nasdaq added 2.64%. Coming into today, shares of the uniform maker had gained 1.98% in the past month. In that same time, the Consumer Discretionary sector lost 0.08%, while the S&P 500 lost 0.44%. The investment community will be closely monitoring the perf ...
Why Superior Group (SGC) Dipped More Than Broader Market Today
ZACKS· 2024-07-25 23:21
Analysts and investors alike will be keeping a close eye on the performance of Superior Group in its upcoming earnings disclosure. The company's earnings report is set to go public on August 6, 2024. In that report, analysts expect Superior Group to post earnings of $0.10 per share. This would mark year-over-year growth of 25%. Meanwhile, the latest consensus estimate predicts the revenue to be $136.6 million, indicating a 5.76% increase compared to the same quarter of the previous year. Investors should al ...
Why Superior Group (SGC) Outpaced the Stock Market Today
ZACKS· 2024-07-12 23:20
Superior Group (SGC) closed at $19.61 in the latest trading session, marking a +1.76% move from the prior day. The stock's change was more than the S&P 500's daily gain of 0.55%. Elsewhere, the Dow saw an upswing of 0.62%, while the tech-heavy Nasdaq appreciated by 0.63%. The uniform maker's stock has dropped by 2.33% in the past month, falling short of the Consumer Discretionary sector's loss of 0.99% and the S&P 500's gain of 4.28%. Market participants will be closely following the financial results of Su ...
Superior Group (SGC) Flat As Market Gains: What You Should Know
ZACKS· 2024-06-27 23:21
The most recent trading session ended with Superior Group (SGC) standing at $18.97, reflecting no shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily gain of 0.09%. Elsewhere, the Dow gained 0.09%, while the tech-heavy Nasdaq added 0.3%. Analysts and investors alike will be keeping a close eye on the performance of Superior Group in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $0.10, reflecting a 25% increase ...
Despite Fast-paced Momentum, Superior Group (SGC) Is Still a Bargain Stock
ZACKS· 2024-06-21 13:50
Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Investors' growing interest in a stock is reflected in its recent price increase. A price change of 0.6% over the past four weeks positions the stock of this uniform maker well in this regard. In addition to a favorable Momentum Score ...
Superior Group (SGC) Upgraded to Strong Buy: Here's What You Should Know
ZACKS· 2024-06-18 17:01
Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street analysts, as these are mostly driven by subjective factors that are hard to see and measure in real time. Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Superior Group imply an improvement in the company's underlying busi ...
Recent Price Trend in Superior Group (SGC) is Your Friend, Here's Why
ZACKS· 2024-06-17 13:50
Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. -- that could keep the momentum in the stock going. A solid price increase over a period of 12 weeks reflects investors' continued willingness to pay more for the potential upside in a stock. SGC is quite a good fit in this regard, ...
Superior Group (SGC) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2024-06-14 23:15
The investment community will be closely monitoring the performance of Superior Group in its forthcoming earnings report. The company's upcoming EPS is projected at $0.10, signifying a 25% increase compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $136.6 million, up 5.76% from the prior-year quarter. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we ha ...