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| Superior Uniform eliminates debt, increases quarterly earnings |
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| Written by Administrator | |||
| Friday, 26 February 2010 12:44 | |||
The company, based in Seminole, reported net earnings for the year of $1.97 million, or $0.33 per share, downS from $2.1 million, or $0.33 per share, in 2008. Superior Uniform (NASDAQ: SGC), which provides uniforms and image apparel, experienced “one of the most challenging years in our history” in 2009, said Michael Benstock, chief executive officer, in a statement. Sales decreased nearly 17 percent on a year over year basis, but the company reduced operating costs and eliminated all its outstanding debt, he said. Superior Uniform completed its acquisition of Blade Sportswear in November and intends to pursue other potential strategic acquisitions to aid future growth, Benstock said. Source: Tampa Bay Business Journal, February 26, 2010
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2012 UNIVATOR Award entry form
Has your company created an incredible fabric technology or revitalized a restaurant with a fresh, new uniform program? Have you developed ingenious business processes to help your own corporation handle the challenges of this tough economy? Did you dream up an environmentally friendly way to eliminate product waste? UniformMarket News wants to hear your story and consider you for a 2012 UNIVATOR Award.
The UNIVATOR Awards celebrate innovation in the North American uniform, image apparel, medical goods, footwear and equipment markets. For eight years, the UNIVATOR Awards have been shining a light on amazing advancements that keep this industry moving forward. They acknowledge companies, both large and small, that are forging unique paths to success.
Read more...Winners came from all market segments – law enforcement, public safety, corporate and chef apparel, and medical apparel. Many have been cited in previous years; several have not.
Read more...
