financetom
Business
financetom
/
Business
/
Superior Group misses Q3 sales estimates, net income nearly halves
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Superior Group misses Q3 sales estimates, net income nearly halves
Nov 3, 2025 1:34 PM

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/Mis Actual Consensu

s s

Estimate

Q3 Sales Miss $138.50 $142.80

mln mln (4

Analysts

)

Q3 Net $2.74

Income mln

Q3 $0.14

Dividend

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 ( SGC ) 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:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(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.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Former Tesla CEO says it is a 'shame' company is cancelling low-cost car plans
Former Tesla CEO says it is a 'shame' company is cancelling low-cost car plans
Apr 9, 2024
HONG KONG, April 9 (Reuters) - A Tesla founder and former chief executive said on Tuesday it was a shame to hear that the automaker was scrapping its low-cost car plans amid fierce competition in China. Martin Eberhard was speaking at the HSBC Global Investment Summit in Hong Kong. On Friday, Reuters reported that Tesla was cancelling its long-promised inexpensive...
Goldman's China co-head Morse to retire, Bloomberg News reports
Goldman's China co-head Morse to retire, Bloomberg News reports
Apr 9, 2024
April 9 (Reuters) - Goldman Sachs Group's ( GS ) co-head of its China business E.G. Morse will retire after 16 years at the company, Bloomberg News said on Tuesday, citing an internal memo. ...
BlackBerry Working With AMD to Create Robotics Platform
BlackBerry Working With AMD to Create Robotics Platform
Apr 9, 2024
03:37 AM EDT, 04/09/2024 (MT Newswires) -- BlackBerry (BB) on Tuesday unveiled a new precision robotics platform in collaboration with chipmaker AMD (AMD). The collaboration, called BlackBerry QNX, will provide a reasonably priced robotics platform with enhanced performance, reliability, and scalability for robotic applications in industry and medicine, according to the companies. The platform combines BlackBerry's real-time software tools with...
Aviva completes takeover of AIG's UK life insurance business
Aviva completes takeover of AIG's UK life insurance business
Apr 9, 2024
LONDON, April 9 (Reuters) - British insurer Aviva said on Tuesday it had completed the 453 million pound ($574 million) acquisition of AIG's UK life insurance business, sealing the largest takeover under CEO Amanda Blanc to date. Aviva announced the deal in September. The company is buying the unit - known as AIG Life UK - from Corebridge Financial Inc...
Copyright 2023-2025 - www.financetom.com All Rights Reserved