Filing Flows › Superior Group of Companies (SGC) › Q4 2024
Superior Group of Companies (SGC) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 11, 2025
Superior Group of Companies (SGC) reported revenue of $145M for the fourth quarter 2024 (Q4 2024), -1% from a year earlier and -3% from the quarter before. Operating margin was 1.7%, net earnings $2.1M (1.4% of revenue).
Superior Group of Companies, Q4 2024: revenue $145M (-1% year over year), operating margin 1.7%, net earnings $2.1M, operating cash flow $8.9M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $145M | -3% | -1% |
| Gross profit | $54.0M | -11% | -3% |
| Operating profit | $2.5M | -62% | -41% |
| Net earnings | $2.1M | -61% | -41% |
| Operating cash flow | $8.9M | +9% | -54% |
| Free cash flow | $7.4M | +2% | -60% |
What changed
Revenue was $145.4M in Q4 2024, down 1% year over year and down 3% from the previous quarter.
Gross margin was 37.1%, down 0.7 points from a year earlier. Operating profit was $2.5M, a 1.7% margin (down 1.1 points year over year). Operating expenses grew 0% against a revenue fall of 1%. Net earnings were $2.1M, down 41% year over year. The effective tax rate was 15.7%.
Operating cash flow was $8.9M (down 54% year over year), 428% of net earnings. Non-cash charges added back $3.3M of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items added $2.2M. Capital expenditures of $1.5M left free cash flow of $7.4M.
Questions
What was Superior Group of Companies' revenue in the fourth quarter 2024?
Superior Group of Companies (SGC) reported revenue of $145M for the fourth quarter 2024 (Q4 2024), -1% from a year earlier and -3% from the quarter before.
Was Superior Group of Companies profitable in the fourth quarter 2024?
Operating profit was $2.5M (1.7% of revenue) and net earnings $2.1M.