SGC Maintains EPS Amidst Inventory Reclassification
Ticker: SGC · Form: 10-Q · Filed: Aug 5, 2025 · CIK: 95574
| Field | Detail |
|---|---|
| Company | Superior Group Of Companies, Inc. (SGC) |
| Form Type | 10-Q |
| Filed Date | Aug 5, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: Apparel Manufacturing, Uniforms, Q2 Earnings, Inventory Management, Financial Stability, SEC Filing, Shareholder Equity
Related Tickers: SGC
TL;DR
**SGC's flat EPS and inventory reclassification signal stability, but don't expect explosive growth.**
AI Summary
SUPERIOR GROUP OF COMPANIES, INC. (SGC) reported a net income of $0.14 per share for the quarter ended June 30, 2025, consistent with the prior year's quarter. For the six months ended June 30, 2025, net income was $0.28 per share, also matching the prior year. The company's common stock outstanding remained stable at 15,917,963 shares as of June 30, 2025, compared to 16,484,921 shares as of December 31, 2024, indicating a slight reduction in shares. Total common stock value was $300,000 for both periods. Additional paid-in capital stood at $50,000,000 as of June 30, 2025, unchanged from December 31, 2024. Retained earnings were $0.14 as of June 30, 2025, and $0.28 as of December 31, 2024, showing a decrease. The company reclassified certain raw materials to finished goods, adjusting December 31, 2024 balances to align with the current period's presentation. This reclassification did not impact the overall financial performance but improved inventory clarity.
Why It Matters
For investors, SGC's consistent EPS of $0.14 for Q2 2025 and $0.28 for the first half of 2025, despite a slight reduction in outstanding shares, suggests stable operational performance in a competitive apparel and finished goods market. The reclassification of raw materials to finished goods indicates a focus on inventory management efficiency, which could improve supply chain responsiveness for customers. Employees might see this as a sign of steady business operations, reducing immediate job insecurity. The broader market will observe how SGC navigates its sector, especially with its focus on uniform and apparel manufacturing, against larger, more diversified competitors.
Risk Assessment
Risk Level: low — The risk level is low because the company reported consistent earnings per share of $0.14 for Q2 2025 and $0.28 for the six months ended June 30, 2025, matching the prior year's performance. There are no indications of significant financial distress or operational setbacks, and the reclassification of raw materials is an accounting adjustment, not a business risk.
Analyst Insight
Investors should hold their positions in SGC, as the company demonstrates stable financial performance with consistent EPS. Monitor future filings for any changes in revenue growth or significant shifts in market strategy, as current data suggests a mature, steady business.
Key Numbers
- $0.14 — Q2 2025 EPS (Consistent with prior year's Q2)
- $0.28 — YTD June 30, 2025 EPS (Consistent with prior year's YTD)
- 15,917,963 — Common Shares Outstanding (As of June 30, 2025, a slight decrease from 16,484,921 at Dec 31, 2024)
- $300,000 — Common Stock Value (Stable across periods)
- $50,000,000 — Additional Paid-In Capital (Stable across periods)
Key Players & Entities
- SUPERIOR GROUP OF COMPANIES, INC. (company) — filer of the 10-Q
- SGC (company) — ticker symbol for SUPERIOR GROUP OF COMPANIES, INC.
- Bloomberg (company) — financial news organization
- SEC (regulator) — Securities and Exchange Commission
- $0.14 (dollar_amount) — net income per share for Q2 2025
- $0.28 (dollar_amount) — net income per share for the six months ended June 30, 2025
- 15,917,963 (dollar_amount) — common shares outstanding as of June 30, 2025
- 16,484,921 (dollar_amount) — common shares outstanding as of December 31, 2024
- $300,000 (dollar_amount) — total common stock value
- $50,000,000 (dollar_amount) — additional paid-in capital
FAQ
What was SUPERIOR GROUP OF COMPANIES, INC.'s earnings per share for Q2 2025?
SUPERIOR GROUP OF COMPANIES, INC. reported an earnings per share (EPS) of $0.14 for the quarter ended June 30, 2025, which is consistent with the EPS reported for the same period in the prior year.
How did SGC's year-to-date earnings compare to the previous year?
For the six months ended June 30, 2025, SGC's earnings per share were $0.28, which remained consistent with the $0.28 EPS reported for the six months ended June 30, 2024.
What was the number of common shares outstanding for SUPERIOR GROUP OF COMPANIES, INC. as of June 30, 2025?
As of June 30, 2025, SUPERIOR GROUP OF COMPANIES, INC. had 15,917,963 common shares outstanding. This is a slight decrease from the 16,484,921 shares outstanding as of December 31, 2024.
Were there any significant accounting changes in SGC's 10-Q filing?
Yes, the filing noted that certain raw materials were reclassified to finished goods in the current period, and the December 31, 2024 balances were adjusted to reflect this current period presentation. This was an accounting reclassification, not a change in business operations.
What is the total value of common stock for SUPERIOR GROUP OF COMPANIES, INC.?
The total value of common stock for SUPERIOR GROUP OF COMPANIES, INC. was $300,000 as of both June 30, 2025, and December 31, 2024.
How much additional paid-in capital did SGC report?
SUPERIOR GROUP OF COMPANIES, INC. reported $50,000,000 in additional paid-in capital as of June 30, 2025, which remained unchanged from December 31, 2024.
What does the consistent EPS mean for investors in SUPERIOR GROUP OF COMPANIES, INC.?
For investors, the consistent EPS of $0.14 for Q2 2025 and $0.28 for the first half of 2025 suggests that SUPERIOR GROUP OF COMPANIES, INC. is maintaining stable operational performance, which can be viewed as a sign of reliability in its financial results.
What industry does SUPERIOR GROUP OF COMPANIES, INC. operate in?
SUPERIOR GROUP OF COMPANIES, INC. operates in the Apparel & Other Finished Products of Fabrics & Similar Material industry, as indicated by its Standard Industrial Classification (SIC) code 2300.
Did SGC's retained earnings change during the period?
Yes, SGC's retained earnings were $0.14 as of June 30, 2025, which is a decrease from $0.28 as of December 31, 2024.
Where is SUPERIOR GROUP OF COMPANIES, INC. headquartered?
SUPERIOR GROUP OF COMPANIES, INC. is headquartered at 200 Central Avenue, Suite 2000, St. Petersburg, FL 33701.
Industry Context
SUPERIOR GROUP OF COMPANIES, INC. operates within the apparel manufacturing sector, specifically focusing on finished products. This industry is characterized by evolving fashion trends, supply chain complexities, and competition from both domestic and international manufacturers. Companies in this space often manage inventory carefully to align with seasonal demand and mitigate obsolescence risks.
Regulatory Implications
The company must adhere to SEC reporting requirements, including timely filing of 10-Q forms. Any misstatements or omissions in these filings can lead to regulatory scrutiny and penalties. Compliance with accounting standards for inventory valuation and reclassification is also critical.
What Investors Should Do
- Monitor retained earnings trend
- Analyze inventory reclassification impact
- Track common share count changes
Key Dates
- 2025-06-30: Quarterly Report Filing (10-Q) — Provides updated financial performance and position for the period ending June 30, 2025, including EPS and share count.
- 2025-08-05: Filing Date for 10-Q — Indicates the official submission date of the quarterly report to the SEC.
Glossary
- EPS
- Earnings Per Share, a measure of a company's profitability that divides net income by the number of outstanding common shares. (Reported as $0.14 for Q2 2025, matching the prior year, indicating stable profitability on a per-share basis.)
- Additional Paid-In Capital
- The amount of capital received from investors in exchange for stock, above the stock's par value. (Stood at $50,000,000 as of June 30, 2025, unchanged from December 31, 2024, suggesting no new equity issuances or significant stock repurchases impacting this account.)
- Retained Earnings
- The cumulative amount of net income that a company has retained over time, rather than distributing as dividends. (Decreased to $0.14 as of June 30, 2025, from $0.28 as of December 31, 2024, implying net losses or dividend payouts during the period, though the context suggests a reclassification might be influencing this figure.)
- Common Stock Value
- The aggregate par value of all outstanding common shares. (Reported as $300,000 for both periods, indicating stability in the par value of the company's common stock.)
Year-Over-Year Comparison
Compared to the prior year's comparable periods, SUPERIOR GROUP OF COMPANIES, INC. has maintained consistent Earnings Per Share (EPS) of $0.14 for the quarter and $0.28 for the year-to-date. While the common stock value and additional paid-in capital remain stable, there has been a slight reduction in the number of outstanding common shares. A notable change is the decrease in retained earnings, which may be influenced by accounting reclassifications or operational results not detailed in the summary.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on August 5, 2025 regarding SUPERIOR GROUP OF COMPANIES, INC. (SGC).