Superior Group of Companies Reports Second Quarter 2026 Results

(NASDAQ: SGC) Superior Group of Companies, Inc. announced second quarter 2026 net sales of $147.8 million, up from $144.0 million in the prior year second quarter. Net income for the quarter was $1.2 million, including a non-cash tradename impairment charge of $2.6 million ($2.0 million after tax), compared to $1.6 million in the prior year second quarter. Adjusted EBITDA was $7.7 million, up from $6.1 million in the prior year second quarter, and adjusted net income was $3.2 million or $0.21 per diluted share, more than double the prior year's $0.10 per diluted share. The Board of Directors declared a quarterly dividend of $0.14 per share, payable August 28, 2026 to shareholders of record as of August 14, 2026. The company continues to forecast full-year 2026 net sales in the range of $572.0 million to $585.0 million, up from 2025 net sales of $566.2 million, and full-year adjusted earnings per diluted share in the range of $0.54 to $0.66, up from $0.46 in 2025. As of June 30, 2026, cash and cash equivalents were $22,787,000, and total assets were $408,520,000. The company recorded a tradename impairment charge in the Healthcare Apparel segment of $2.6 million during the quarter.