Welcome to our dedicated page for Spar Group news (Ticker: SGRP), a resource for investors and traders seeking the latest updates and insights on Spar Group stock.
SPAR Group, Inc. reports business developments tied to its merchandising, marketing and distribution services for retailers and brands in the United States and Canada. Its updates commonly cover financial results and guidance, customer wins, service-mix shifts toward core merchandising, and technology-enabled retail execution services.
Company news also includes partnerships that combine retail data or inventory intelligence with SPAR's field workforce, leadership and sales-organization changes, financing actions, and shareholder or governance matters. The company's operating focus centers on improving in-store execution, on-shelf availability, remodel support, fulfillment and distribution, and analytics for retail and consumer packaged goods clients.
ReposiTrak (NYSE: TRAK) announced the launch of Touchless Retail™, an in-store merchandising solution developed with SPAR Group (OTCQB: SGRP). The service combines fixed-rate professional merchandising with demand data-driven automated ordering, which ReposiTrak said typically costs about 50% less than traditional merchandising programs.
According to ReposiTrak, Touchless Retail supports activities such as product placement, shelf replenishment, display maintenance and product rotation, while using store-level demand signals to guide replenishment. The offering can be used independently of ReposiTrak’s Scan-Based Trading and is intended for brands managing products across hundreds or thousands of retail locations.
SPAR Group (OTCQB: SGRP) reported fiscal 2Q 2026 net revenues of $36.9 million, down 4.5% year-over-year, with U.S. sales down 7.8% on lower remodel work and Canada up 30.5%. Gross margin was 22.8% versus 23.5% a year ago.
The company returned to profitability with net income of $409 thousand, or $0.02 per diluted share, versus a small loss in 2Q 2025, while adjusted diluted EPS rose to $0.04 from $0.01. Adjusted EBITDA increased to $2.1 million from $1.3 million.
For the first half, revenues fell 7.2% to $67.4 million and SPAR posted a net loss of $144 thousand, but adjusted EBITDA edged up to $2.9 million. Working capital was $25.8 million and cash $2.9 million, though operating activities used $8.7 million of cash.
Revised 2026 guidance calls for net revenues of $130–$138 million, gross margins of 21.5%–23.5% (vs. 15.9% in 2025 for the U.S. and Canada) and SG&A of $21–$24 million (vs. $32.2 million in 2025), reflecting a shift toward higher-margin merchandising services.
SPAR Group (OTCBQ: SGRP) will release its fiscal 2026 second quarter results on Thursday, August 13, 2026, before the U.S. market opens. Management will host a conference call at 9:00 a.m. ET, accessible by phone and webcast, with replays available through August 20, 2026.
SPAR Group (NASDAQ: SGRP) announced its common stock will be delisted from The Nasdaq Stock Market and begin trading on the OTCQB Venture Market effective at the open on July 23, 2026, continuing under the ticker SGRP. According to SPAR Group, operations, customer commitments and SEC reporting obligations remain unchanged, and shareholders are not required to take any action.
SPAR Group (NASDAQ: SGRP) founder and major shareholder Robert G. Brown released a plan he recommends the Board adopt to increase shareholder value. Proposals include a 6 million-share repurchase over three years, a $0.01 quarterly dividend tied to free cash flow, a ban on issuing stock below $1.00, and a strategic pivot toward AI-focused retail software.
Mr. Brown cites 2025 results of $136.1M revenue, a $24.6M net loss, negative operating cash flow, modest cash, significant revolver borrowings, and existing Nasdaq deficiency notices as reasons the Board should act.
SPAR Group (NASDAQ: SGRP) reported fiscal Q1 2026 results reflecting a strategic shift toward higher-margin recurring merchandising revenue.
Net revenues were $30.5 million, down 10.3% year-over-year, while consolidated gross margin improved to 22.3%. The company returned to positive EBITDA, posted a $553 thousand net loss, and reiterated full-year 2026 guidance, targeting higher sales and margins versus 2025.
SPAR Group (NASDAQ: SGRP) will release its fiscal 2026 first quarter results on Tuesday, May 12, 2026 before market open. A conference call with CEO William Linnane and CFO Steve Hennen will be held at 9:00 AM ET the same day. Replay and webcast details are provided for investors.
SPAR Group (NASDAQ: SGRP) announced on May 5, 2026 an agreement with co-founder Robert G. Brown to support the company’s leadership and strategic plan, ending prior public disputes. The understanding commits parties to resolve future disagreements privately and preserves Brown’s shareholder and board rights while he refrains from disruptive public campaigns.
The company said alignment will let management focus on core markets, profitability, technology investment, and a recent partnership with ReposiTrak to upgrade infrastructure.
SPAR Group (NASDAQ: SGRP) issued fiscal year 2026 guidance with net sales of $143M–$151M (up ~5%–11%) and a targeted gross margin of 20.5%–22.5%, versus FY25 gross margin 15.9%.
The company expects SG&A (excl. unusual items) of $25.5M–$26.5M, completed a $4.0M capital raise, and says its cost structure can support up to $180M in revenue.
SPAR Group (NASDAQ: SGRP) reported full-year 2025 net revenues of $136.1 million, with 3.3% comparable growth in the U.S. and Canada. Consolidated gross margin declined to 15.9% from 20.5% in 2024, and GAAP net loss was $24.6 million ($1.04 per diluted share).
Restructuring and severance totaled $4.8 million, adjusted EBITDA loss was $8.6 million, cash was $3.3 million, and net cash used by operations was $18.4 million. Subsequent financing included a $4.0 million unsecured loan and issuance of 1.0 million shares.