Superior Group of Companies, Inc. (NASDAQ:SGC) Q2 2022 Earnings Conference Call August 8, 2022 5:00 PM ET

Company Participants

Michael Benstock - CEO

Michael Koempel - Chief Financial Officer

Jake Himelstein - President, Branded Products

Catherine Donlan - President, Healthcare Apparel

Andy Demott - COO

Phil Koosed - Chief Strategy Officer

Conference Call Participants

Kevin Steinke - Barrington Research

Timothy Moore - EF Hutton

Operator

Good afternoon, everyone. Welcome to Superior Group of Companies Second Quarter 2022 Conference Call. With us today are Michael Benstock, the Company's Chief Executive Officer; and Mike Koempel, the Chief Financial Officer. As a reminder, this call is being recorded.

This conference call may contain forward-looking statements regarding the Company's plans, initiatives and strategies and the anticipated financial performance of the Company, including, but not limited to, sales and revenue. Such statements are based upon management's current expectations, projections, estimates and assumptions. Words such as will, expect, believe, anticipate, think, outlook, hope and variations of such words and similar expressions identify such forward-looking statements.

Forward-looking statements involve known and unknown risks and uncertainties that may cause future results to differ materially from those suggested by forward-looking statements. Such risks and uncertainties include, but are not limited to, the following: the effect of COVID-19 crisis on the U.S. and global markets, our business, operations, customers, suppliers and employees; general economic conditions in the areas of the United States in which the Company's customers are located; changes in the markets, where uniforms are worn, where promotional products are sold and where call center services are used; the impact of competition; the Company's ability to successfully integrate operations following consummation of acquisitions and the availability of manufacturing materials, as well as the risks and uncertainties disclosed in the Company's periodic filings with the Securities and Exchange Commission, including, but not limited to, the Company's annual report on Form 10-K for the year ended December 31, 2021, and the quarterly reports on Form 10-Q.

Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements made herein and are cautioned not to place undue reliance on such forward-looking statements. The Company does not undertake to update the forward-looking statements contained herein except as required by law.

With that, I'd like to turn the call over to Mr. Benstock.

Michael Benstock

Thank you, operator. Good afternoon, everyone, and welcome to our second quarter 2022 earnings call. This afternoon, I will share SGC's performance highlights and touch on the current operational and macro environment. After that, Mike will provide our financial update. For the Q&A session, we will be joined by Chief Strategy Officer, Phil Koosed; Andy Demott, our COO; Jake Himelstein, President of our Branded Products segment, as well as Catherine Beldotti Donlan, the new President of our Healthcare Apparel segment.