Thu, May 8, 9:10 PM (10 days ago)
**Superior Group of Companies, Inc. (SGC) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $137.1 million, down 1.3% YoY. - **Profit Margins:** Gross margin decreased to 36.8% from 39.8% YoY. Net loss of $0.8 million, down from a profit of $3.9 million YoY. - **Cash Flow:** Net cash used in operations was $2.0 million, a decrease from $9.4 million provided in Q1 2024. - **Earnings Changes:** EBITDA decreased by 63.2% to $3.5 million. **Segment Performance:** - **Branded Products:** Revenue down 0.7%, gross margin down 12.8%. - **Healthcare Apparel:** Revenue down 6.8%, gross margin down 12.0%. - **Contact Centers:** Revenue up 2.9%, gross margin up 2.7%. **Trends & Uncertainties:** - Global economic and political conditions, including tariffs and diplomatic tensions, may impact operations and costs. - Uncertainty in global supply chains due to geopolitical events and natural disasters. - Potential impacts from new accounting standards and regulatory changes. **Future Operations:** - Focus on strategic branding and cross-selling opportunities in Branded Products. - Growth opportunities in Healthcare Apparel with signature brands. - Expansion and talent retention in Contact Centers to capitalize on nearshore outsourcing trends. - Monitoring and adapting to tariffs and geopolitical risks. - Continued evaluation of capital expenditures and liquidity management. **Impact on Future Operations:** - The company anticipates sufficient liquidity to meet short-term obligations but will monitor long-term capital requirements closely. - Potential impacts from new tariffs and geopolitical risks will be managed through strategic sourcing and operational adjustments.