MARKET COMPOSITE
SGRP - Spar Group, Inc.4:00:00 AM 4/25/2024
Price
$1.59
+ 0.00 (0.00%)
SPAR Group, Inc., together with its subsidiaries, provides merchandising and marketing services worldwide. The company offers syndicated services, such as product reordering and replenishment; authorized for distribution are in stock and on the shelf or sales floor; adding new products that are approved for distribution; implementing store planogram schematics; setting product category shelves; ensuring that product shelf tags are in place; checking for salability of the clients' products; placing new product and promotional items in prominent positions; and kiosk replenishment and maintenance services for retailers, manufacturers, and distributors. It also provides dedicated services, including syndicated services, as well as new store set-up, store remodel, and fixture installation services for a specific retailer or manufacturer. In addition, the company offers project services comprising specific in-store services initiated by retailers and manufacturers, such as new store openings, new product launches, special seasonal or promotional merchandising, focused product support, product recalls, and in-store product demonstration and sampling, as well as performs kiosk product replenishment, inventory control, new store sets and existing store resets, re-merchandising, remodels and category implementation, and under annual or stand-alone project contracts or agreements. Further, it assembles furniture, grills, and various other products in stores, homes, and offices; and offers in-store event staffing, retail compliance and price audit, mystery shopping, and data collection services. The company serves mass merchandisers; pharmacies; grocery, office supply, dollar, automotive, convenience, specialty, electronic, and home improvement stores; and other retail outlets. SPAR Group, Inc. was founded in 1967 and is headquartered in White Plains, New York.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue65.1MM-3%
Gross Profit14.9MM+11%
Cost Of Revenue49.8MM-5%
Operating Income2.7MM+76%
Operating Expenses12.2MM-
Net Income2.1MM-
G&A11.3MM+0%
Amortization427K-22%
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    Approved Repurchase up to 2,500,000 SharesAUBURN HILLS, Mich., April 03, 2024 (GLOBE NEWSWIRE) -- SPAR Group, Inc. (NASDAQ: SGRP) (“SPAR”, “SPAR Group” or the “Company”), a provider of merchandising, marketing and distribution services, announces the filing of a plan approved by the Board of Directors for a repurchase of up to 2,500,000 of SGRP’s shares of common stock. “Our new stock repurchase plan authorization provides a means to opportunistically buy back our stock and return value to share

    SPAR Group ( NASDAQ:SGRP ) Full Year 2023 Results Key Financial Results Revenue: US$262.7m (flat on FY 2022). Net...

    SPAR Group, Inc. (NASDAQ:SGRP) Q4 2023 Earnings Call Transcript April 1, 2024 SPAR Group, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Hello and welcome to the SPAR Group Fourth Quarter and Full Year 2023 Financial Results Conference Call. […]

    Q4 2023 SPAR Group Inc Earnings Call

    Strategic Initiatives Deliver Improved Results and Significant Cash FlowAUBURN HILLS, Mich., April 01, 2024 (GLOBE NEWSWIRE) -- SPAR Group, Inc. (NASDAQ: SGRP) (“SPAR”, “SPAR Group” or the “Company”), a leading global provider of merchandising, marketing, and distribution services today reported financial and operating results for the periods ended December 31, 2023. Mike Matacunas, the Company’s President and Chief Executive Officer, commented, “Fiscal 2023 was a pivotal year for the Company. W

    AUBURN HILLS, Mich., April 01, 2024--Combined deals to generate cash proceeds of approximately $22 million USD for SPAR Group

    AUBURN HILLS, Mich., March 28, 2024 (GLOBE NEWSWIRE) -- SPAR Group, Inc. (NASDAQ: SGRP) (“SPAR”, “SPAR Group” or the “Company”), a leading global provider of merchandising and marketing services, today announces that it will release its fiscal fourth quarter and full year 2023 results on Monday, April 1, 2024, before the market opens. In conjunction with the release, a conference call will be hosted by Mike Matacunas, Chief Executive Officer; and Antonio Calisto Pato, Chief Financial Officer, an

    Company continues to simplify operations and structureAUBURN HILLS, Mich., Feb. 27, 2024 (GLOBE NEWSWIRE) -- SPAR Group, Inc. (NASDAQ: SGRP) (“SPAR”, “SPAR Group” or the “Company”), a leading global provider of merchandising, marketing and distribution services, reports the sale of its ownership interest in SPAR China, the joint venture based in Shanghai. Terms were not released. “As we continue to evaluate strategic alternatives for the business, we are simplifying our operating and financial s

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