Superior Group of Companies announced its first quarter 2025 results, reporting net sales of $137.1 million, a decrease from $138.8 million in the first quarter of 2024. The company recorded a net loss of ($0.8) million, or ($0.05) per diluted share, compared to a net income of $3.9 million, or $0.24 per diluted share, in the prior year's first quarter.
EBITDA for the first quarter was $3.5 million, a significant decline from $9.6 million in the first quarter of 2024, reflecting a challenging macroeconomic environment. The company's Board of Directors, however, maintained its quarterly dividend of $0.14 per share, payable on May 30, 2025.
In response to heightened macroeconomic uncertainty, SGC revised its full-year 2025 revenue outlook to a range of $550 million to $575 million, down from its previous guidance of $585 million to $595 million. Additionally, the company withdrew its previously issued full-year 2025 earnings per diluted share outlook of $0.75 to $0.82, citing unpredictability.
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