ST. PETERSBURG, Fla., Aug.  11, 2026  (GLOBE NEWSWIRE) -- Superior Group of Companies, Inc. (NASDAQ:SGC) (the &#34;Company&#34;), today announced that it has entered into an Amended and Restated Credit Agreement with

Superior Group of Companies Amends and Extends $200 Million Senior Secured Credit Facilities

Superior Group expands liquidity with new $200M credit facility, extends maturity to 2031

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>ST. PETERSBURG, Fla., Aug.  11, 2026  (GLOBE NEWSWIRE) -- Superior Group of Companies, Inc. (NASDAQ:SGC) (the &amp;#34;Company&amp;#34;), today announced that it has entered into an Amended and Restated Credit Agreement with</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Superior Group of Companies announced an Amended and Restated Credit Agreement with PNC Bank and a syndicate, expanding committed capacity to $200 million and extending debt maturity to August 2031. The five-year runway should bolster liquidity for disciplined growth across Healthcare Apparel, Branded Products, and Contact Centers, with potential acquisitions funded by the facilities.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Amended credit agreement with PNC Bank: $125m revolver, $75m term loan; up to $75m incremental.</li><li>Five-year term extends debt maturity to August 2031 from 2027.</li><li>Total committed capacity increased to $200m, providing growth runway.</li><li>CFO Koempel states facilities support capital allocation and disciplined growth.</li><li>8-K filing to disclose full terms; forward-looking statements caution.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Superior Group of Companies, Inc. (SGC)</strong>: Announced amended credit agreement; liquidity/financing flexibility supports growth plans.</li><li><strong>PNC Financial Services Group, Inc. (PNC)</strong>: Lender in syndicated facility; extension indicates confidence in SGC&#039;s credit profile.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The press release describes a debt-financing arrangement that improves liquidity and growth funding, a key driver of strategic execution for SGC.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Increased debt capacity lowers liquidity risk and funds expansion.</li><li>Maturity extension to 2031 reduces near-term refinancing risk.</li><li>8-K filing confirms terms; no immediate earnings impact or dividend changes.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>$125 million revolving credit facility.</li><li>$75 million term loan.</li><li>Up to $75 million incremental capacity.</li><li>Five-year term; debt maturity extended to August 2031.</li><li>Total committed capacity: $200 million.</li><li>Amendment announced and 8-K filed on August 11, 2026.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bullish for SGC on enhanced liquidity; view as a medium-term growth enabler over 6-12 months.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">ST. PETERSBURG, Fla., Aug.  11, 2026  (GLOBE NEWSWIRE) -- Superior Group of Companies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/SGC">SGC</a>) (the "Company"), today announced that it has entered into an Amended and Restated Credit Agreement with PNC Bank, National Association, as administrative agent, and a syndicate of lenders.</p>  <p align="justify">The amended and restated facilities consist of a $125 million revolving credit facility and a $75 million term loan, unchanged in size from the prior agreement and the Company retains the ability to request up to an additional $75 million of incremental capacity. The facilities have a five-year term, extending the Company’s debt maturity from August 2027 to August 2031.</p>  <p align="justify">"With $200 million of committed capacity and a five-year runway, we have the flexibility to support our capital allocation strategy and pursue disciplined growth across our segments," said Michael Koempel, President and Chief Financial Officer. "We appreciate the confidence from our banking partners by extending these facilities with terms that are supportive of our growth initiatives."</p>  <p align="justify">Additional information regarding the Amended and Restated Credit Agreement is contained in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on August 11, 2026, and the full text of the agreement is filed as an exhibit thereto.</p>  <p align="justify"><b>Disclosure Regarding Forward-Looking Statements</b></p>  <p align="justify">Certain matters discussed in this press release are "forward-looking statements" intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements can generally be identified by use of the words "may," "will," "should," "could," "expect,""anticipate," "estimate," "believe," "intend," "project," "potential," or "plan" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements in this press release include statements regarding the Company’s capital allocation strategy and growth. Such forward-looking statements are subject to certain risks and uncertainties that may materially adversely affect the anticipated results. Such risks and uncertainties include, but are not limited to, the factors described in the Company’s filings with the Securities and Exchange Commission (&#34;SEC&#34;), including those risks described in Item 1A of our Annual Report on Form 10-K for the fiscal year ended December 31, 2025 entitled &#34;Risk Factors&#34; and the Quarterly Report on Form 10-Q for the quarter ended June 30, 2026. 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 forward-looking statements made herein are only made as of the date of this press release and we disclaim any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances, except as may be required by law.</p>  <p align="justify"><b>About Superior Group of Companies, Inc. (SGC):</b><br></br>Established in 1920, Superior Group of Companies is comprised of three attractive business segments each serving large, fragmented and growing addressable markets. Across Healthcare Apparel, Branded Products and Contact Centers, each segment enables businesses to create extraordinary brand engagement experiences for their customers and employees. SGC’s commitment to service, quality, advanced technology, and omnichannel commerce provides unparalleled competitive advantages. We are committed to enhancing shareholder value by continuing to pursue a combination of organic growth and strategic acquisitions. For more information, visit <a href="https://www.globenewswire.com/Tracker?data=eiq7zB0uh5ZcYVj7ntankQazRMHMSu-PxqPVK1UXFSZtsI-tETrsJUc9YHIMgBmNRFkosotExyUId8XaAyLDeB6nFh5RlmcGhczZ4Oagl_7ZOT81Eevyp4zrA64ZNrAPFjyLDBam6vwjeL5Z1V5yUQ==" rel="nofollow" target="_blank">www.superiorgroupofcompanies.com</a>.</p>  <p align="justify"><b>Contacts:</b><br></br>Investor Relations<br></br><a href="https://www.globenewswire.com/Tracker?data=ZcVNjoOaeFHAEG9ViFS9US4uH7g2KjGoc_icY83Atsz59Q80R9jaHyP9q5p8bKUiPMjvsDQug2UTEsWPr0V4Q7Vc0-aQNJ9NHXDL1tRcRR4IeiiFTL1CiPSe748BNuwXjdHEqTIFn7owLkFhGdj5oQ==" rel="nofollow" target="_blank">investors@superiorgroupofcompanies.com</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTgwNzYzNCM3NzY5ODg4IzIwMjg1OTM="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/Y2IzYzk2NGYtMzRjMi00NmMwLThlNjYtZmU0NDdkZDYyZGZhLTEwMzg4NzgtMjAyNi0wOC0xMS1lbg==/tiny/Superior-Group-of-Companies-In.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/b5d9eeea-162a-4358-a478-2e58e34ebec4"><img src="https://ml.globenewswire.com/media/b5d9eeea-162a-4358-a478-2e58e34ebec4/small/logo-jpg.jpg" border="0" width="150" height="53" alt="Primary Logo"></img></a></p>

Superior Group of Companies announced an Amended and Restated Credit Agreement with PNC Bank and a syndicate, expanding committed capacity to $200 million and extending debt maturity to August 2031. The five-year runway should bolster liquidity for disciplined growth across Healthcare Apparel, Branded Products, and Contact Centers, with potential acquisitions funded by the facilities.

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Superior Group of Companies Amends and Extends $200 Million Senior Secured Credit Facilities

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Key facts

Corporate Developments