SPAR Group, Inc. Reports Fourth Quarter and Full Year Fiscal 2023 Results
SPAR Group, Inc. (SGRP)
US:NASDAQ Investor Relations:
investors.sparinc.com/investor-relations
Company Research
Source: GlobeNewswire
AUBURN 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. We successfully executed our sales and profitability goals, which resulted in significant cash flow generation in 2023. Consolidated revenues grew to $262 million for the year, up almost 1% over the prior year, primarily due to strong U.S. merchandising revenues, expanding 20% from the prior year. The 2023 U.S. remodel and retail transformation business was below 2022 for the year, however, ramped sequentially each quarter with expectations of revenue growth for 2024. Canada's merchandising and remodeling revenue grew by over 50% in 2023, compared to 2022.
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SGRP
News
- SPAR Group Announces Share Repurchase Authorization [Yahoo! Finance]Yahoo! Finance
- SPAR Group Announces Share Repurchase AuthorizationGlobeNewswire
- SPAR Group, Inc. (NASDAQ:SGRP) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- SPAR Group, Inc. Reports Fourth Quarter and Full Year Fiscal 2023 Results [Yahoo! Finance]Yahoo! Finance
- SPAR Group Announces Sale of Interest in South Africa and Brazil [Yahoo! Finance]Yahoo! Finance
SGRP
Earnings
- 4/1/24 - Beat
SGRP
Sec Filings
- 4/10/24 - Form 4
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- SGRP's page on the SEC website