Superior Group misses Q3 sales estimates, net income nearly halves

Superior of Companies

03/11/2025 21:27

Overview

Superior Group Q3 net sales of $138.5 mln missed analyst expectations

Net income for Q3 was $2.74 mln, down from $5.4 mln last year

Company maintains quarterly dividend at $0.14 per share

Outlook

Company updates full-year revenue outlook to $560 mln - $570 mln

Superior Group leverages diverse supply base amid trade policy volatility

Company says strong balance sheet supports future growth investments

Result Drivers

SG&A IMPROVEMENT - SG&A expenses fell 7.4% yr/yr, which may benefit future profitability

ENHANCED SELLING CAPABILITIES - Co says enhanced selling capabilities and competitive advantages are driving growth in business pipelines

DIVERSE SUPPLY BASE - Co leveraging diverse supply base and offering alternative products and solutions

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Miss
$138.50 mln
$142.80 mln (4 Analysts)
Q3 Net Income
$2.74 mln
Q3 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 48.1% above its October 31 closing price of $9.34

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nGNX6PfJf3

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)