8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) April 22, 2005

Superior Uniform Group, Inc.

(Exact name of registrant as specified in its charter)

Florida	1-5869-1	11-1385670
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

10055 Seminole Blvd., Seminole, Florida 33772

Registrant’s telephone number including area code: (727) 397-9611

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230 .425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02. Results of Operations and Financial Condition

The following information is being furnished under Item 2.02 of Form 8-K: Press release by Superior Uniform Group, Inc. announcing its results of operations for the quarter ended March 31, 2005. A copy of this press release is attached as Exhibit 99.1 to this Form 8-K.

Item 9.0l. Financial Statements and Exhibits

(c) Exhibits

Exhibit Number	Description
99.1	Press Release, dated April 22, 2005

Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunder duly authorized.

SUPERIOR UNIFORM GROUP, INC.
By:	/s/ Andrew D. Demott, Jr.
	Andrew D. Demott, Jr.
	Senior Vice President, Chief Financial Officer and Treasurer

Date: April 22, 2005

EXHIBIT INDEX

Exhibit Number	Description
99.1	Press Release, dated April 22, 2005

EX-99.1

Exhibit 99.1

NEWS RELEASE
Superior Uniform Group, Inc.
An American Stock Exchange Listed Company
10055 Seminole Boulevard
Seminole, Florida 33772-2539
Telephone (727) 397-9611
Fax (727) 803-9623

Contact: Andrew D. Demott, Jr., CFO	For Immediate Release
(727) 803-7135

SUPERIOR UNIFORM GROUP REPORTS FIRST QUARTER EARNINGS

SEMINOLE, Florida - April 22, 2005 – Michael Benstock, Chief Executive Officer of Superior Uniform Group, Inc. (AMEX: SGC), manufacturer of uniforms, career apparel and accessories, today announced that for the first quarter ended March 31, 2005, sales were $31,857,089 compared with 2004 first quarter sales of $33,765,220. Net earnings were $139,443 or $.02 per share (diluted) compared to 2004 first quarter earnings of $1,130,468 or $.15 per share (diluted).

In making the earnings announcement, Mr. Benstock stated: “Our revenues and earnings were significantly affected by the January implementation of our new Warehouse Management System. Revenues were down approximately $1.9 million or 6% as compared to the first quarter of 2004. During the latter half of January and through the month of February, we experienced significant difficulty in shipping customer orders. As a result, sales for the first two months of the quarter were down approximately $2.8 million. We continue to improve the operating efficiency of the system and were able to make up approximately $900,000 in revenues during the month of March as compared to the prior year month. Our backlog of open orders at the end of the first quarter was approximately $7.5 million as compared to $6.0 million for the same period last year. Earnings were significantly impacted as a result of the decline in revenues and as a result of approximately $375,000 of increased overtime required to process orders during the quarter ended March 31, 2005. While the system is not yet operating at peak performance levels, we are seeing decreases in the overtime requirements and increasing revenue levels.”

Superior Uniform Group, through its Signature marketing brands – Fashion Seal^®, Fashion Seal Healthcare^™, Martin’s^®, Worklon^®, Sope Creek_^® and UniVogue^™ – manufactures and sells a wide range of uniforms, corporate I.D., career apparel and accessories for the hospital and healthcare fields; hotels; fast food and other restaurants; and public safety, industrial, transportation and commercial markets, as well as corporate and resort embroidered sportswear.

– more –

Statements contained in this press release which are not historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to risks and uncertainties, including without limitation those identified in the Company’s SEC filings, which could cause actual results to differ from those projected.

SUPERIOR UNIFORM GROUP, INC.

CONSOLIDATED STATEMENTS OF EARNINGS

THREE MONTHS ENDED MARCH 31,

(Unaudited)

	2005		2004
Net sales	$	31,857,089	$	33,765,220
Costs and expenses:
Cost of goods sold		21,515,614		22,538,900
Selling and administrative expenses		9,980,168		9,317,791
Interest expense		141,864		158,061
		31,637,646		32,014,752
Earnings before taxes on income		219,443		1,750,468
Taxes on income		80,000		620,000
Net earnings	$	139,443	$	1,130,468
Basic net earnings per common share	$	0.02	$	0.15
Diluted net earnings per common share	$	0.02	$	0.15
Dividends per common share	$	0.135	$	0.135

- more –

SUPERIOR UNIFORM GROUP, INC.

CONSOLIDATED BALANCE SHEETS

MARCH 31,

(Unaudited)

	2005			2004
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	151,821		$	11,869,778
Accounts receivable and other current assets		29,672,797			28,047,092
Inventories		47,714,968			37,410,289
TOTAL CURRENT ASSETS		77,539,586			77,327,159
PROPERTY, PLANT AND EQUIPMENT, NET		21,725,009			19,156,550
GOODWILL		1,617,411			1,617,411
OTHER INTANGIBLE ASSETS		1,428,952			1,681,083
OTHER ASSETS		7,425,616			6,078,078
	$	109,736,574		$	105,860,281
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable	$	9,089,225		$	6,336,597
Accrued expenses		4,097,143			6,680,755
Current portion of long-term debt		1,945,386			1,200,365
TOTAL CURRENT LIABILITIES		15,131,754			14,217,717
LONG-TERM DEBT		7,298,781			5,956,839
DEFERRED INCOME TAXES		855,000			100,000
SHAREHOLDERS’ EQUITY:
Preferred stock, $1 par value - authorized 300,000 shares (none issued)		—			—
Common stock, $.001 par value - authorized 50,000,000 shares; issued and outstanding 7,450,937, and 7,422,437, respectively		7,451			7,422
Additional paid-in capital		15,396,596			14,215,659
Retained earnings		71,259,992			72,015,644
Cumulative Comprehensive Income (Loss)		(213,000	)		(653,000	)
TOTAL SHAREHOLDERS’ EQUITY		86,451,039			85,585,725
	$	109,736,574		$	105,860,281

-30-