Superior Group beats Q1 sales estimates
Superior Group of Companies, Inc. SGC | 0.00 |
Overview
U.S. branded products and apparel firm's Q1 sales rose 2.8% yr/yr, beating analyst expectations
Co reported net income of $0.83 mln from a loss in prior year
Company declared $0.14 per share quarterly dividend
Outlook
Superior Group forecasts 2026 net sales between $572 mln and $585 mln
Company expects 2026 earnings per diluted share in the range of $0.54 to $0.66
Performance expected to be more heavily weighted to back half of 2026
Result Drivers
PORTFOLIO AND COST ACTIONS - Co said benefits from portfolio and cost actions taken over the last several years led to healthier business mix and improved profitability
UNEVEN DEMAND - Co said macro and geopolitical conditions remain difficult to predict and are weighing on customer spending in certain categories
Company press release: ID:nGNX9hLQS7
Key Details
Metric |
Beat/Miss |
Actual |
Consensus Estimate |
Q1 Sales |
Beat |
$140.90 mln |
$138.71 mln (3 Analysts) |
Q1 Net Income |
|
$834,000 |
|
Q1 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 $18.00, about 56.3% above its May 1 closing price of $11.52
The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 13 three months ago
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