David Marsh

Kevin Steinke

James Sidoti

Keegan Tierney Cox

Michael Kupinski

Jim Sidoti

Keegan Cox

- Superior Group of Companies (SGC) reported **total revenues of $566 million in 2024**, reflecting an **11% annualized growth rate over the last 10 years**, and noted a **strong second quarter** with good momentum.  **[0000095574_2172528_0]** **[0000095574_2172528_2]** 
- The company maintains a **solid balance sheet**, has consistently paid **dividends since 1977**, and actively utilizes a **share repurchase program** with **$17.5 million approved** and **$7 million spent this year**.  **[0000095574_2172528_0]** **[0000095574_2172528_2]** **[0000095574_2172528_6]** 
- SGC's contact center business is its **highest margin and fastest-growing segment**, achieving a **22% five-year sales growth rate through 2024** and a **12.6% EBITDA margin in 2024**, with AI deployment enhancing efficiency and creating new business opportunities.  **[0000095574_2172528_0]** **[0000095574_2172528_2]** **[0000095574_2172528_5]** 
- Management targets a **leverage ratio of 2-2.5x EBITDA** and anticipates **margin growth across all three business segments**, despite some **demand weakening** in branded products due to macro uncertainties.  **[0000095574_2172528_3]** **[0000095574_2172528_6]** **[0000095574_2172528_8]**

SGC Highlights Strong Q2 Momentum and Strategic Growth Initiatives

- Superior Group of Companies (SGC) reported **$566 million** in consolidated revenues for the last fiscal year (FY 2024), achieving an **8%** compound annual growth rate (CAGR) since 2019, and projects 2025 sales guidance in the range of **$550 million to $575 million**.  **[95574_2147324_0]** **[95574_2147324_6]** 
- The company maintains a strong balance sheet, with a net leverage ratio of approximately **1.7 times EBITDA** entering 2025 and **2.2 times leverage** in Q2 2025, which is within its target range of 2x to 2.5x.  **[95574_2147324_8]** 
- SGC's capital allocation priorities include an uninterrupted dividend since **1977** and a share repurchase program, under which **$15 million** of stock has been purchased since August 2024.  **[95574_2147324_6]** **[95574_2147324_8]** 
- The Office Gurus, SGC's contact center business, is its **fastest-growing segment**, with **22%** cumulative adjusted growth through 2024 and a **12.6%** EBITDA margin in 2024.  **[95574_2147324_5]**  Customer sentiment for branded products improved in Q2 2025, with sales up **14%**, and the company anticipates interest rate cuts and subsiding tariff uncertainty to further drive growth.  **[95574_2147324_8]** 
- In May 2025, SGC initiated a **$13 million** reduction in annualized budgeted expenses, expecting to realize about **half** of these reductions in 2025.  **[95574_2147324_9]**

Superior Group of Companies Discusses Financial Performance, Growth, and Capital Allocation

- Superior Group of Companies, Inc. (SGC) has appointed **Michael W. Koempel** to the role of **President**, effective immediately.  **[95574_0001437749-25-029011_ex_861424.htm:0]** **[95574_0001437749-25-029011_sgc20250914_8k.htm:1]** 
- Mr. Koempel will **retain his position as Chief Financial Officer (CFO)**, a role he has held since May 2022.  **[95574_0001437749-25-029011_ex_861424.htm:0]** **[95574_0001437749-25-029011_sgc20250914_8k.htm:1]** 
- The company's three segment presidents will now report directly to Mr. Koempel.  **[95574_0001437749-25-029011_ex_861424.htm:0]** 
- Michael Benstock, who remains the Chief Executive Officer, relinquished his position as President of the Company as of the effective date.  **[95574_0001437749-25-029011_sgc20250914_8k.htm:1]**

SUPERIOR GROUP OF COMPANIES (SGC)