Headquartered in Saint Petersburg, FL Fiscal year ends December NASDAQ: SGC superiorgroupofcompanies.com
Superior Group of Companies, Inc. (NASDAQ: SGC), established in 1920, operates three reportable segments.
- Branded Products: the largest segment, supplying branded uniforms, apparel and promotional merchandise.
- Healthcare Apparel: medical scrubs and service apparel for healthcare workers.
- Contact Centers: outsourced customer engagement and contact center services.
The company serves businesses in healthcare, retail chain, food service, transportation and other industries where uniforms and service apparel are worn. It positions its offerings as helping clients build brand engagement with their customers and employees, supported by service, technology and omnichannel commerce.
SGC pursues a mix of organic growth and acquisitions, including the recent purchase of Select VoiceCom to expand Contact Centers. Healthcare Apparel is undergoing a strategic shift under new leadership toward a more focused product strategy. The company pays a quarterly cash dividend and repurchases shares. Updated
Healthcare Apparel is the whole story behind the earnings miss: the segment swung to an adjusted EBITDA loss of $501,000 as new leadership rips up the product mix. Branded Products and Contact Centers covered the gap on the top line, and management raised the low end of full-year adjusted EPS guidance to $0.60.
Superior Group of Companies, Inc. (NASDAQ: SGC), established in 1920, operates three reportable segments. - Branded Products: the largest segment, supplying branded uniforms, apparel and promotional merchandise. - Healthcare Apparel: medical scrubs and service apparel for healthcare workers. - Contact Centers…
The Wall Street consensus 12-month price target for SGC is $18.00.