SUPERIOR GROUP OF COMPANIES, INC.
For the period ended Sep 30, 2025. Filed Nov 3, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 3, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Table of Contents
| Page | |
|---|---|
| PART I. FINANCIAL INFORMATION | |
| Item 1. Financial Statements | 4 |
| Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations | 19 |
| Item 4. Controls and Procedures | 32 |
| PART II. OTHER INFORMATION | |
| Item 1. Legal Proceedings | 33 |
| Item 1A. Risk Factors | 33 |
| Item 2. Unregistered Sales of Equity Securities and Use of Proceeds | 34 |
| Item 3. Defaults Upon Senior Securities | 34 |
| Item 4. Mine Safety Disclosures | 34 |
| Item 5. Other Information | 34 |
| Item 6. Exhibits | 35 |
| SIGNATURES | 36 |
| Page | |
|---|---|
| Financial Statements | |
| Consolidated Statements of Comprehensive Income (Unaudited) | 4 |
| Consolidated Balance Sheets (Unaudited) | 5 |
| Consolidated Statements of Shareholders’ Equity (Unaudited) | 6 |
| Consolidated Statements of Cash Flows (Unaudited) | 8 |
| Condensed Notes to the Consolidated Financial Statements (Unaudited) | |
| Note 1 - Description of Business and Basis of Presentation | 9 |
| Note 2 - Operating Segment Information | 11 |
| Note 3 - Net Sales | 13 |
| Note 4 - Net Income Per Share | 14 |
| Note 5 - Long-Term Debt | 15 |
| Note 6 - Contingencies and Geographic Supply Considerations | 16 |
| Note 7 - Inventories | 16 |
| Note 8 - Income Taxes | 17 |
| Note 9 - Other Information | 18 |
PART I - FINANCIAL INFORMATION
ITEM 1. Financial Statements
SUPERIOR GROUP OF COMPANIES, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(Unaudited)
(In thousands, except shares and per share data)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Net sales | $138,467 | $149,690 | $419,609 | $420,268 |
| Costs and expenses: | ||||
| Cost of goods sold | 85,389 | 89,144 | 260,764 | 253,650 |
| Selling and administrative expenses | 48,513 | 52,404 | 150,855 | 149,906 |
| Interest expense, net | 1,378 | 1,569 | 3,873 | 4,897 |
| 135,280 | 143,117 | 415,492 | 408,453 | |
| Income before income tax expense | 3,187 | 6,573 | 4,117 | 11,815 |
| Income tax expense | 443 | 1,170 | 580 | 1,900 |
| Net income | $2,744 | $5,403 | $3,537 | $9,915 |
| Net income per share: | ||||
| Basic | $0.19 | $0.34 | $0.24 | $0.62 |
| Diluted | $0.18 | $0.33 | $0.23 | $0.60 |
| Weighted average shares outstanding during the period: | ||||
| Basic | 14,738,863 | 16,107,549 | 15,050,834 | 16,118,885 |
| Diluted | 15,119,050 | 16,543,990 | 15,422,144 | 16,588,914 |
| Other comprehensive income (loss), net of tax: | ||||
| Defined benefit pension plans | $7 | $23 | $22 | $68 |
| Foreign currency translation adjustment | (47) | 530 | 2,056 | (1,201) |
| Other comprehensive income (loss) | (40) | 553 | 2,078 | (1,133) |
| Comprehensive income | $2,704 | $5,956 | $5,615 | $8,782 |
| Cash dividends per common share | $0.14 | $0.14 | $0.42 | $0.42 |
See accompanying Condensed Notes to the Consolidated Financial Statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.