Superior Group of Companies, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 06, 2023 at 04:20 pm EST
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Superior Group of Companies, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 136.13 million compared to USD 138.7 million a year ago. Net income was USD 3.11 million compared to net loss of USD 12.72 million a year ago. Basic earnings per share from continuing operations was USD 0.19 compared to basic loss per share from continuing operations of USD 0.8 a year ago. Diluted earnings per share from continuing operations was USD 0.19 compared to diluted loss per share from continuing operations of USD 0.8 a year ago.
For the nine months, sales was USD 396.06 million compared to USD 430.22 million a year ago. Net income was USD 5.22 million compared to net loss of USD 34.16 million a year ago. Basic earnings per share from continuing operations was USD 0.33 compared to basic loss per share from continuing operations of USD 2.17 a year ago. Diluted earnings per share from continuing operations was USD 0.32 compared to diluted loss per share from continuing operations of USD 2.17 a year ago.
Superior Group of Companies, Inc. is engaged in producing and manufacturing and selling a wide range of promotional products and branded uniforms. The Company operates through three segments: Branded Products, Healthcare Apparel, and Contact Centers. The Branded Products segment, through its brands BAMKO and HPI, produces and sells customized merchandising solutions, promotional products, and branded uniform programs. The Healthcare Apparel segment, primarily through its brands Fashion Seal Healthcare and WonderWink, manufactures and sells a wide range of healthcare apparel, such as scrubs, lab coats, protective apparel, and patient gowns. The Contact Centers segment, through multiple The Office Gurus entities, including subsidiaries in El Salvador, Belize, Jamaica, Dominican Republic, and the United States, provides outsourced, nearshore business process outsourcing, contact and call-center support services to North American customers.
SUPERIOR GROUP OF COMPANIES, INC. 
