SGC Earnings Prediction
The chart below shows how SGC performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SGC sees a +3.45% change in stock price 10 days leading up to the earnings, and a +2.42% change 10 days following the report. On the earnings day itself, the stock moves by +0.81%. This data can give you a slight idea of what to expect for the next quarter's release.
SGC Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
149.69M
9.96%
13.63%
Gross Margin
40.45%
3.51%
4.98%
Operating Margin
5.44%
28.91%
227.71%
Net Margin
3.61%
57.64%
684.78%
EPS
0.33
73.68%
725.00%
No Data Available
SGC Earnings Analysis
Superior Group of Companies, Inc. Common Stock Corporation (SGC.O) Earnings Conference Call
Positive
Quarterly Performance Improvement: Overall third quarter performance improved versus the second quarter as well as the year earlier quarter with top line growth and greater profitability.
Revenue Increase Driven by Growth: We produced revenues of $150 million, up 10% versus the year ago period, driven by double-digit growth in both health care apparel and branded products.
Record Quarterly Revenues: These are the highest quarterly revenues ever achieved in our core products and services.
EBITDA Increase and Margin Expansion: EBITDA of $11.7 million was up 26% from $9.3 million and our EBITDA margin expanded a full percentage point to 7.8%.
EPS Increase Quarter Over Quarter: Our third quarter diluted EPS rose to $0.33 from $0.19 a year earlier.
Negative
Cash Liquidity Decline: The company ended September with cash and cash equivalents of $18 million compared to $20 million at the start of the year, indicating a decrease in liquidity.
Net Income Increase: The company reported a net income of $5.4 million for the third quarter, up from $3.1 million in the third quarter of 2023, but still reflects challenges in maintaining profitability.
Revenue Growth Challenges: Despite a 10% year-over-year revenue growth, the company continues to face soft market conditions, indicating potential future revenue challenges.
SG&A Expense Increase: The SG&A expenses increased to $52 million, up from $47 million year earlier, primarily driven by increases in employee-related costs and marketing investments, which could pressure margins.
Customer Hesitancy Impact: The company acknowledged ongoing customer hesitancy and tight budgets, which may impact future sales growth and overall financial performance.
SGC FAQs
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SGC Earning Call Sentiment
Superior Group of Companies, Inc. (SGC) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
SGC.O
-1.63%Positive
The earnings call presents a mixed picture. While financial performance shows growth in revenue, EBITDA, and EPS, there are concerns about increased SG&A expenses, supply chain issues, and customer caution. The Q&A reveals uncertainty in demand and customer outlook, but the share repurchase program and debt reduction are positives. Overall, the lack of strong guidance and economic factors balance the positive financial metrics, leading to a neutral stock price prediction.
