Superior Industries Reports Q1 Loss, Withdraws Guidance

Superior Industries International reported a first quarter 2025 net loss of $12.9 million ($0.92 per share), improving from last year's $32.7 million loss but missing analyst expectations and prompting a more than 50% stock price drop. Revenue rose slightly to $321.6 million but did not meet forecasts, with value-added sales declining 2.1%. The company withdrew its full-year guidance due to macroeconomic uncertainties and the loss of key customer contracts, resulting in short-term liquidity constraints. Superior Industries is addressing these challenges by pursuing a $70 million term loan, seeking financial covenant relief, and continuing cost reduction efforts, though adjusted EBITDA and profitability margins deteriorated. The company improved unlevered free cash flow to $33 million and reduced total debt to $516 million. Separately, Superior Group of Companies, a different entity, announced a $0.14 per share dividend, though its sustainability is uncertain given share price declines and previous dividend cuts.