SPAR (SGRP)

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SPAR Group, Inc. (SGRP) Group of Large Shareholders Demand the Directors Who Were Not Re-Elected to the Board of Directors at the 2024 Annual Meeting of Shareholders Held on June 12, 2025, Abide by the SGRP Bylaws
Newsfile· 2025-07-23 22:16
SPAR Group, Inc. (SGRP) Group of Large Shareholders Demand the Directors Who Were Not Re-Elected to the Board of Directors at the 2024 Annual Meeting of Shareholders Held on June 12, 2025, Abide by the SGRP BylawsJuly 23, 2025 6:16 PM EDT | Source: Robert G. BrownPalm Beach Gardens, Florida--(Newsfile Corp. - July 23, 2025) - ("SPAR") held its 2024 Annual Shareholders' Meeting on June 12, 2025 (the "Shareholder Meeting"), for the purposes, among other actions, to vote upon the election of cert ...
SPAR (SGRP) - 2025 Q2 - Quarterly Results
2025-07-21 20:05
Exhibit 99.1 SPAR Group, Inc. Reports First Quarter 2025 Results July 17, 2025 Strong Initial Quarter Without International Joint Ventures AUBURN HILLS, Mich., July 17, 2025 (GLOBE NEWSWIRE) -- SPAR Group, Inc. (NASDAQ: SGRP) ("SPAR," "SPAR Group" or the "Company"), a leading provider of merchandising, marketing, and distribution services today reported financial and operating results for the three months ended March 31, 2025. Mike Matacunas, the Company's President and Chief Executive Officer, commented , ...
SPAR (SGRP) - 2025 Q1 - Quarterly Report
2025-07-17 20:04
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the first quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the transition period from __________ to __________. Commission file number 0-27408 SPAR GROUP, INC. (Exact name of Registrant as specified in i ...
SPAR Group, Inc. Reports First Quarter 2025 Results
Globenewswire· 2025-07-17 13:00
Strong Initial Quarter Without International Joint VenturesAUBURN HILLS, Mich., July 17, 2025 (GLOBE NEWSWIRE) -- SPAR Group, Inc. (NASDAQ: SGRP) (“SPAR,” “SPAR Group” or the “Company”), a leading provider of merchandising, marketing, and distribution services today reported financial and operating results for the three months ended March 31, 2025. Mike Matacunas, the Company’s President and Chief Executive Officer, commented, “This is the first quarter we are reporting without any international joint ventu ...
Spar Group, Inc. (SGRP) Agrees to "A Material Initial Production" of Its Books and Records
Newsfile· 2025-07-11 20:00
Spar Group, Inc. (SGRP) Agrees to "A Material Initial Production" of Its Books and RecordsJuly 11, 2025 4:00 PM EDT | Source: Robert G. BrownPalm Beach Gardens, Florida--(Newsfile Corp. - July 11, 2025) - Mr. Robert G. Brown has made a request for the production of books and records of SPAR Group, Inc., a Delaware corporation (the "Company" or "SPAR"), pursuant to Section 220 of the Delaware General Corporate Law, for proper purposes, including the investigation of possible breach of fiduciary ...
SPAR Group, Inc. (SGRP) Stock Sinks As Market Gains: Here's Why
ZACKS· 2025-06-26 22:51
SPAR Group, Inc. (SGRP) closed the most recent trading day at $1.03, moving -1.91% from the previous trading session. This change lagged the S&P 500's 0.8% gain on the day. Meanwhile, the Dow experienced a rise of 0.94%, and the technology-dominated Nasdaq saw an increase of 0.97%. Prior to today's trading, shares of the company had gained 1.45% outpaced the Business Services sector's loss of 0.89% and lagged the S&P 500's gain of 5.12%.Analysts and investors alike will be keeping a close eye on the perform ...
Large Shareholder Questions Governance of the SPAR Group Board of Directors
Newsfile· 2025-06-23 13:18
Large Shareholder Questions Governance of the SPAR Group Board of DirectorsJune 23, 2025 9:18 AM EDT | Source: Robert G. BrownPalm Beach Gardens, Florida--(Newsfile Corp. - June 23, 2025) - SPAR Group, Inc. ("SPAR") held the 2025 Annual Shareholders' Meeting on June 12, 2025 (the "2025 Shareholder Meeting"), to, among other proposals, elect nominees to the Board. Of the 7 nominees for election to the Board, 3 of the then-serving directors nominated for reelection were not reelected.[1]Section ...
SPAR Group, Inc. (SGRP) Laps the Stock Market: Here's Why
ZACKS· 2025-06-12 22:51
SPAR Group, Inc. (SGRP) closed the most recent trading day at $1.08, moving +1.89% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.38%. Elsewhere, the Dow saw an upswing of 0.24%, while the tech-heavy Nasdaq appreciated by 0.24%. The stock of company has risen by 1.92% in the past month, lagging the Business Services sector's gain of 3.09% and the S&P 500's gain of 6.6%.The investment community will be closely monitoring the performance of SPAR Group, In ...
Robert G. Brown, a Founder of SPAR Group, Inc., (SGRP) Responds to SPAR Group, Inc., June 11, 2025, Press Release
Newsfile· 2025-06-12 18:34
Core Viewpoint - Robert G. Brown, a founder and significant shareholder of SPAR Group, Inc., has responded to the company's press release, emphasizing the need for the Board to address the decline in stock price and consider his recommendations for improving shareholder value [1][3][4]. Company Response and Stock Performance - The SPAR June 11 Release did not explain the stock price drop from $2.97 on June 3, 2024, to $1.02 on May 29, 2025, nor did it outline a strategy to increase the stock price [3][4]. - Mr. Brown holds 6,469,683 shares of common stock in SPAR Group, indicating his vested interest in the company's performance [1]. Recommendations by Mr. Brown - Mr. Brown proposed five key actions for the Board's consideration: 1. A buyback of 6,000,000 shares [6]. 2. A quarterly dividend of $0.02 per share [6]. 3. A review of the Company's Amended and Restated Bylaws to ensure alignment with shareholder interests [6]. 4. An evaluation of Board compensation, suggesting that a portion be tied to share price performance [6]. 5. A review of management compensation to ensure it is aligned with delivering shareholder value [6]. Board's Response to Recommendations - The SPAR June 11 Release did not address Mr. Brown's recommendations, which he believes are crucial for the benefit of all shareholders [4][7]. - Mr. Brown criticized the company's response for focusing on personal attacks rather than addressing substantive issues [7]. Call for Transparency - Mr. Brown urged the Board to be transparent and communicate its position on his recommendations to shareholders [8].
SPAR Group, Inc. Responds to False and Disparaging Comments from Former Board Member, Robert G. Brown, Regarding the Company and Its Board
Globenewswire· 2025-06-11 18:40
AUBURN HILLS, Mich., June 11, 2025 (GLOBE NEWSWIRE) -- SPAR Group, Inc. (NASDAQ: SGRP) (“SGRP”, “Spar”, “SPAR Group” or the “Company”), a provider of merchandising, marketing and distribution services, responded today to a press release and filing made by Robert G. Brown (“Brown”) making a number of false claims and assertions regarding Spar and its board of directors (the “Board”) and management. Brown was a founder and Spar’s Chairman in 1967, and respectfully, the Board has attempted to address these mi ...