Superior Group of Companies, Inc. Revises Earnings Guidance for the Year 2023
November 06, 2023 at 04:05 pm EST
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Superior Group of Companies, Inc. revised earnings guidance for the year 2023. For the full-year 2023, the company is updating its outlook to include a sales forecast range of $538 million to $545 million compared to its earlier forecast of $550 million to $560 million, and an earnings per share forecast range of $0.46 to $0.53 compared to its earlier forecast of $0.45 to $0.55.
Superior Group of Companies, Inc. is engaged in producing and manufacturing and selling a wide range of promotional products and branded uniforms. The Company operates through three segments: Branded Products, Healthcare Apparel, and Contact Centers. The Branded Products segment, through its brands BAMKO and HPI, produces and sells customized merchandising solutions, promotional products, and branded uniform programs. The Healthcare Apparel segment, primarily through its brands Fashion Seal Healthcare and WonderWink, manufactures and sells a wide range of healthcare apparel, such as scrubs, lab coats, protective apparel, and patient gowns. The Contact Centers segment, through multiple The Office Gurus entities, including subsidiaries in El Salvador, Belize, Jamaica, Dominican Republic, and the United States, provides outsourced, nearshore business process outsourcing, contact and call-center support services to North American customers.