Superior Group Tightens 2026 Sales and Adjusted Earnings Floors

The Tip Desk · November 9, 2026 · 2 min read

Third-quarter net sales were $146.0 million, up 5% from a year earlier, as Healthcare Apparel swung to a Segment Adjusted EBITDA loss.

Superior Group of Companies, Inc. (SGC), the St. Petersburg, Florida maker of branded apparel, healthcare uniforms and contact-center services, reported third-quarter net sales of $146.0 million, up 5% from $138.5 million a year earlier.

Net income was $2.6 million, or $0.17 a share, compared with $2.7 million, or $0.18 a share, in the year-ago quarter. Adjusted EBITDA was $6.7 million, with an adjusted EBITDA margin of 4.6%.

Chief Executive Officer Michael Benstock said the company “drove solid overall top line growth from continued momentum in our Branded Products and Contact Centers segments.” He said new leadership in Healthcare Apparel “continues to execute toward a more focused product strategy to improve margins and reduce working capital requirements in the quarters ahead,” and that on a consolidated basis the company “were able to hold EPS essentially flat versus the prior year quarter despite incremental charges associated with our strategic shift in Healthcare Apparel.”

Branded Products carried the quarter. Segment net sales were $92.1 million, and segment Adjusted EBITDA was $9.8 million. Contact Centers net sales were $24.2 million, with segment Adjusted EBITDA of $2.9 million.

Healthcare Apparel net sales were $30.6 million. Segment Adjusted EBITDA was a $0.5 million loss. The company recorded no trade-name impairment charge in the third quarter; a $2.6 million Healthcare Apparel trade-name impairment had been taken in the second quarter.

The company tightened its full-year 2026 net sales forecast to a range of $578.0 million to $585.0 million, from a previous range of $572.0 million to $585.0 million, up from 2025 net sales of $566.2 million. It also tightened its full-year adjusted earnings per diluted share forecast to $0.60 to $0.66, from $0.54 to $0.66, up from $0.46 in 2025 and representing 43% growth at the high end.

Benstock said the company “look[s] forward to finishing the year with growth in both sales and earnings compared to 2025, and with a solid balance sheet that provides the foundation for continued strategic investment such as our recent acquisition of Select VoiceCom and the return of capital to shareholders.”

Cash and cash equivalents were $27.9 million at September 30, 2026. Long-term debt was $74.3 million, with a current portion of $3.8 million. Inventories were $88.0 million. The company paid a $0.14 a share quarterly dividend in the quarter.