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Spar Group Stock Price, News & Analysis

SGRP NASDAQ

Company Description

SPAR Group, Inc. (NASDAQ: SGRP) is a merchandising, marketing and retail services company that focuses on helping retailers and brands execute in-store programs across North America. The company is described in its public communications as a merchandising and brand marketing services provider, offering merchandising, marketing and distribution solutions to retailers, manufacturers and distributors, with a particular emphasis on the United States and Canada.

According to company disclosures and press releases, SPAR Group delivers merchandising and retail solutions that support consumer packaged goods clients and retail partners. Its services are aimed at improving how products are presented and supported in stores, and the company highlights the use of resources and analytics to enhance brand experiences and transform retail spaces. SPAR Group notes that it conducts tens of thousands of store visits per week in North America and maintains long-term relationships with manufacturers and retail businesses.

The company’s operations have historically been organized into regional segments. Information from prior descriptions indicates three reportable regional segments: Americas, Asia-Pacific (APAC) and Europe, Middle East and Africa (EMEA). The Americas segment has included the United States, Canada, Brazil and Mexico; APAC has included Japan, China and India; and EMEA has included South Africa. More recent company communications emphasize a focus on North American operations and reference divestitures of various international joint ventures, including ventures in South Africa, Mexico, China, Japan and India.

SPAR Group describes itself as providing merchandising, marketing and distribution services to retailers and brands throughout the United States and Canada. Its public statements refer to specialized capabilities across North America, combining scale with flexibility in how it supports retail and brand partners. The company positions its merchandising and marketing expertise, along with its focus on client results, as key aspects of its value proposition.

In recent years, SPAR Group has reported a strategic emphasis on creating a leaner, more profitable business centered on higher margin merchandising services for retailers and consumer packaged goods clients in North America. Management commentary in earnings releases has referenced initiatives to streamline the cost structure, adjust to changes in sales mix, and focus on cash generation and working capital discipline.

SPAR Group has also highlighted technology and data as part of its approach to the retail services market. Company communications describe a focus on technology transformation and the use of technology and artificial intelligence to support its go-to-market strategy and internal operations, with the goal of providing enhanced value and differentiation for clients. The company notes that it provides resources and analytics designed to improve brand experiences and transform retail environments.

SPAR Group’s common stock trades on The Nasdaq Stock Market LLC under the symbol SGRP. The company identifies itself as a Delaware corporation and periodically files reports with the U.S. Securities and Exchange Commission, including annual reports on Form 10-K or Form 10-K/A, quarterly reports on Form 10-Q and current reports on Form 8-K. These filings provide additional detail on its business, risk factors, financial condition and results of operations.

Corporate communications in 2025 describe a period of leadership transition and organizational repositioning. The company has announced changes in its executive leadership team, including the appointment of a new Chief Executive Officer, a new Chief Financial Officer and a Chief Technology Officer, as well as changes to its Board of Directors and executive roles. SPAR Group has also reported a relocation of its corporate headquarters functions to Charlotte, North Carolina, with corporate administration, finance and accounting, human resources and business operations expected to operate from that location.

In addition to operational initiatives, SPAR Group has disclosed amendments to its revolving credit facilities in the United States and Canada, extending maturities and increasing borrowing capacity. These credit arrangements, as described in Form 8-K filings, are secured revolving credit facilities that include financial and restrictive covenants and are intended to support the company’s liquidity and growth plans.

From a sector classification perspective, SPAR Group operates within the Administrative and Support and Waste Management and Remediation Services sector and is categorized under All Other Business Support Services. Within that context, its primary focus is on merchandising, marketing and distribution services that support retailers, manufacturers, distributors and consumer brands, particularly in North America.

Stock Performance

$0.6876
-1.77%
0.01
Last updated: March 30, 2026 at 15:30
-48.42%
Performance 1 year
$16.8M

Spar Group (SGRP) stock last traded at $0.6808, down 1.77% from the previous close. Over the past 12 months, the stock has lost 48.4%. At a market capitalization of $16.8M, SGRP is classified as a micro-cap stock with approximately 23.9M shares outstanding.

SEC Filings

Spar Group has filed 5 recent SEC filings, including 3 Form 8-K, 1 Form 4, 1 Form 4/A. The most recent filing was submitted on March 31, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all SGRP SEC filings →

Financial Highlights

Spar Group generated $163.6M in revenue over the trailing twelve months, retaining a 20.5% gross margin, operating income reached $700K (0.4% operating margin), and net income was -$3.1M, reflecting a -1.9% net profit margin. Diluted earnings per share stood at $-0.13. The company generated -$665K in operating cash flow. With a current ratio of 1.53, the balance sheet reflects a strong liquidity position.

$163.6M
Revenue (TTM)
-$3.1M
Net Income (TTM)
-$665K
Operating Cash Flow

Upcoming Events

MAR
31
March 31, 2026 Earnings

Q4 & FY2025 results release

Press release before market open; webcast/dial-in info; questions to smartin@threepa.com
MAR
31
March 31, 2026 Earnings

Earnings conference call

Hosts William Linnane & Steve Hennen; dial-in, webcast & replay details; questions to smartin@threepa.com
OCT
10
October 10, 2027 Financial

Credit facility maturity

US and Canada revolving credit facilities mature

Spar Group has 3 upcoming scheduled events. The next event, "Q4 & FY2025 results release", is scheduled for March 31, 2026 (today). 1 of the upcoming events are financial in nature, such as earnings calls or quarterly results. Investors can track these dates to stay informed about potential catalysts that may affect the SGRP stock price.

Short Interest History

Last 12 Months

Short interest in Spar Group (SGRP) currently stands at 34.7 thousand shares, up 15.4% from the previous reporting period, representing 0.3% of the float. Over the past 12 months, short interest has decreased by 58.3%. This relatively low short interest suggests limited bearish sentiment.

Days to Cover History

Last 12 Months

Days to cover for Spar Group (SGRP) currently stands at 1.8 days, up 77% from the previous period. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The days to cover has increased 77% over the past year, indicating either rising short interest or declining trading volume. The ratio has shown significant volatility over the period, ranging from 1.0 to 2.6 days.

SGRP Company Profile & Sector Positioning

Spar Group (SGRP) operates in the Specialty Business Services industry within the broader Services-business Services, Nec sector and is listed on the NASDAQ.

Investors comparing SGRP often look at related companies in the same sector, including Network 1 Techno (NTIP), Nisun Intl Ent Dvpmt Gp Co Ltd (NISN), Samfine Creation Holdings Group Limited (SFHG), Premium Catering (Holdings) Ltd. (PC), and Powell Max Limited (PMAX). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate SGRP's relative position within its industry.

Frequently Asked Questions

What is the current stock price of Spar Group (SGRP)?

The current stock price of Spar Group (SGRP) is $0.6808 as of March 30, 2026.

What is the market cap of Spar Group (SGRP)?

The market cap of Spar Group (SGRP) is approximately 16.8M. Learn more about what market capitalization means .

What is the revenue (TTM) of Spar Group (SGRP) stock?

The trailing twelve months (TTM) revenue of Spar Group (SGRP) is $163.6M.

What is the net income of Spar Group (SGRP)?

The trailing twelve months (TTM) net income of Spar Group (SGRP) is -$3.1M.

What is the earnings per share (EPS) of Spar Group (SGRP)?

The diluted earnings per share (EPS) of Spar Group (SGRP) is $-0.13 on a trailing twelve months (TTM) basis. Learn more about EPS .

What is the operating cash flow of Spar Group (SGRP)?

The operating cash flow of Spar Group (SGRP) is -$665K. Learn about cash flow.

What is the profit margin of Spar Group (SGRP)?

The net profit margin of Spar Group (SGRP) is -1.9%. Learn about profit margins.

What is the operating margin of Spar Group (SGRP)?

The operating profit margin of Spar Group (SGRP) is 0.4%. Learn about operating margins.

What is the gross margin of Spar Group (SGRP)?

The gross profit margin of Spar Group (SGRP) is 20.5%. Learn about gross margins.

What is the current ratio of Spar Group (SGRP)?

The current ratio of Spar Group (SGRP) is 1.53, indicating the company's ability to pay short-term obligations. Learn about liquidity ratios.

What is the gross profit of Spar Group (SGRP)?

The gross profit of Spar Group (SGRP) is $33.6M on a trailing twelve months (TTM) basis.

What is the operating income of Spar Group (SGRP)?

The operating income of Spar Group (SGRP) is $700K. Learn about operating income.

What does SPAR Group, Inc. do?

SPAR Group, Inc. provides merchandising, marketing and distribution services to retailers and brands. Company disclosures describe it as a merchandising and marketing services company that supports retailers, manufacturers and distributors, particularly in the United States and Canada.

In which markets does SPAR Group primarily operate?

Recent company communications emphasize operations across North America, specifically the United States and Canada. Earlier descriptions also referenced regional segments in the Americas, Asia-Pacific and EMEA, but more recent disclosures highlight a focus on North American businesses and the divestiture of several international joint ventures.

How does SPAR Group describe its services to retailers and brands?

SPAR Group states that it offers merchandising, marketing and distribution solutions designed to improve brand experiences and transform retail spaces. It highlights specialized capabilities across North America and notes that it conducts an average of tens of thousands of store visits per week, supporting long-term relationships with manufacturers and retail businesses.

On which exchange does SPAR Group’s stock trade and what is its ticker?

SPAR Group’s common stock is listed on The Nasdaq Stock Market LLC under the trading symbol SGRP, as noted in its Form 8-K filings and other SEC reports.

What sector and industry classifications apply to SPAR Group?

SPAR Group is classified in the Administrative and Support and Waste Management and Remediation Services sector and is categorized under All Other Business Support Services.

How has SPAR Group described its recent strategic focus?

In earnings releases and public statements, SPAR Group has described a focus on creating a structurally leaner, more profitable business. Management has referenced concentrating on higher margin merchandising services for retailers and consumer packaged goods clients, reducing non-revenue-generating costs and emphasizing cash generation and working capital discipline.

What role does technology play in SPAR Group’s business?

Company communications indicate that SPAR Group is pursuing technology transformation, including the use of technology and artificial intelligence to support its go-to-market strategy and internal operations. The company states that this focus is intended to provide enhanced value to clients and support competitive differentiation in retail services.

Where is SPAR Group’s corporate headquarters located?

SPAR Group has disclosed that its corporate headquarters functions are moving to Charlotte, North Carolina, with corporate administration, finance and accounting, human resources and business operations expected to operate from that location. Earlier filings referenced Auburn Hills, Michigan, as a corporate address, but more recent news emphasizes the relocation to Charlotte.

What credit facilities has SPAR Group reported?

In Form 8-K filings, SPAR Group has reported secured revolving credit facilities in the United States and Canada with North Mill Capital, LLC, doing business as SLR Business Credit. These facilities have been amended multiple times to extend their terms and adjust borrowing limits, and they include financial and restrictive covenants applicable to SPAR Group and certain subsidiaries.

Has SPAR Group undergone recent leadership changes?

Yes. Public announcements in 2025 describe a transition in executive leadership, including the retirement of a prior Chief Executive Officer, the appointment of William Linnane as President and later Chief Executive Officer, the appointment of a Chief Technology Officer, and the appointment of Steven Hennen as Chief Financial Officer, along with changes to the Board of Directors.