Core Viewpoint - SPAR Group, Inc. announced it will not timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2024, due to the need for additional time to finalize its consolidated financial statements [1][2]. Group 1: Filing Delay - The delay in filing the Annual Report is attributed to the extended closing of a merger transaction and the conversion to a new ERP system [3]. - The company is working with its independent registered accounting firm to complete the audit procedures necessary for the report [3]. Group 2: Future Reporting - SPAR Group plans to file the Annual Report as soon as the year-end audit work is completed, but it is currently not in a position to meet the 15-calendar-day extension period provided by the Form 12b-25 filing [2][3]. - The company expects to file its definitive Proxy Statement regarding the 2025 Annual Meeting of Stockholders on or about April 30, 2025 [4]. Group 3: Company Overview - SPAR Group is a leading merchandising and marketing services company with over 50 years of experience, providing a wide range of services to retailers, manufacturers, and distributors [9]. - The company differentiates itself by offering flexible, scalable, and innovative solutions to some of the world's leading brands and retailers [9].

Company Performance - SPAR Group, Inc. closed at $1.20, with a daily increase of +1.69%, underperforming the S&P 500's gain of 9.52% [1] - Over the past month, SPAR Group's shares have decreased by 13.04%, which is slightly better than the Business Services sector's loss of 12.29% and the S&P 500's loss of 13.47% [1] Earnings Expectations - Analysts expect SPAR Group to report earnings of $0.03 per share, indicating a year-over-year decline of 50% [2] Analyst Forecasts - Recent revisions to analyst forecasts for SPAR Group are important, as they reflect near-term business trends and analyst sentiment regarding the company's profitability [3] Valuation Metrics - SPAR Group is currently trading at a Forward P/E ratio of 9.83, which is a discount compared to the industry's average Forward P/E of 14.51 [6] Industry Ranking - The Business Services industry, which includes SPAR Group, holds a Zacks Industry Rank of 92, placing it in the top 38% of over 250 industries [6][7]

Company Overview - Highwire Capital is a middle-market investment firm focused on transforming businesses by integrating innovative technologies with traditional operating models [3] - SPAR Group, Inc. is an innovative services company that provides comprehensive merchandising, marketing, and distribution solutions to retailers and brands, emphasizing resources and analytics to enhance brand experiences [4] Acquisition Details - Highwire Capital intends to close the proposed acquisition of SPAR Group, which was approved by SPAR Group's stockholders in a special meeting on October 25, 2024 [2] - The acquisition is structured as an all-cash transaction under the Agreement and Plan of Merger dated August 30, 2024 [2] Commitment and Future Outlook - Highwire Capital has extended its lender's commitment letter and is actively working with all parties to finalize the acquisition process, aiming to deliver value to SPAR shareholders [3] - The company expresses excitement about the future of SPAR and looks forward to a successful close of the transaction [3]

Core Viewpoint - SPAR Group, Inc. has experienced a significant decline in stock performance, with a notable decrease in earnings projections for the upcoming quarter, indicating potential challenges ahead for the company [1][2]. Group 1: Stock Performance - SPAR Group, Inc. closed at $1.49, reflecting a -1.32% change from the previous day, underperforming compared to the S&P 500's loss of 1.22% [1]. - Over the past month, SPAR Group's shares have decreased by 24.12%, contrasting with the Business Services sector's slight gain of 0.01% and the S&P 500's loss of 2.31% [1]. Group 2: Earnings Projections - The upcoming earnings report for SPAR Group is projected to show earnings per share (EPS) of $0.02, which represents an 81.82% decrease from the same quarter last year [2]. Group 3: Analyst Estimates and Ratings - Recent adjustments to analyst estimates for SPAR Group are being monitored, as these revisions reflect short-term business trends and can indicate analysts' outlook on the company's health and profitability [3]. - The Zacks Rank system, which evaluates estimate changes, currently ranks SPAR Group at 3 (Hold), with the consensus EPS projection remaining unchanged over the past 30 days [5]. Group 4: Valuation Metrics - SPAR Group is trading at a Forward P/E ratio of 12.58, which is below the industry average Forward P/E of 16.48, suggesting a valuation discount [6]. - The Business Services industry, to which SPAR Group belongs, holds a Zacks Industry Rank of 162, placing it in the bottom 36% of over 250 industries [6]. Group 5: Industry Performance - The Zacks Industry Rank measures the strength of individual industry groups, indicating that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7].

Core Insights - SPAR Group, Inc. (SGRP) has been trending on Zacks.com, indicating potential interest in its stock performance [1] - The company's earnings projections are crucial for determining its stock's fair value, which is based on the present value of future earnings [2][4] Earnings Estimates - The consensus earnings estimate for the next fiscal year is $0.12, reflecting a significant decrease of -73.9% compared to the previous year [5] - For the current quarter, the expected earnings are $0.02 per share, indicating a decline of -81.8% from the same quarter last year [13] - The consensus sales estimate for the current quarter is $39 million, representing a year-over-year change of -40.1% [16] Revenue Performance - SPAR Group reported revenues of $37.79 million in the last quarter, which is a year-over-year decline of -43.9% [17] - The revenue estimates for the current and next fiscal years are $207 million and $172 million, indicating changes of -21.2% and -16.9%, respectively [16] Analyst Ratings and Market Performance - SPAR Group has a Zacks Rank of 3, suggesting it may perform in line with the broader market in the near term [11][14] - Over the last four quarters, the company surpassed consensus EPS estimates twice and revenue estimates three times [8] Valuation Metrics - SPAR Group is graded A in terms of valuation, indicating it is trading at a discount compared to its peers [10] - The analysis of valuation multiples such as price-to-earnings (P/E) and price-to-sales (P/S) is essential for assessing whether the stock is fairly valued [18] Conclusion on Growth Potential - Revenue growth is critical for sustaining earnings growth, as a company cannot maintain long-term earnings growth without increasing revenues [20]

Core Points - SPAR Group's stockholders approved the merger with Highwire Capital on October 25, 2024, with a merger consideration of $2.50 per share [1][2] - The merger is an all-cash transaction, and the agreement was established on August 30, 2024 [2] - SPAR Group's management expresses commitment to completing the transaction and delivering value to shareholders [3] Company Overview - SPAR Group, Inc. provides merchandising, marketing, and distribution services, focusing on improving brand experiences and transforming retail spaces [5] - Highwire Capital aims to transform middle-market businesses by integrating innovative technologies with traditional operating models, driving efficiency and fostering industry advancements [4]

Core Viewpoint - SPAR Group, Inc. has experienced a decline in stock performance over the past month, with a return of -7.1%, contrasting with the Zacks S&P 500 composite's increase of +3.5% and the Zacks Business - Services industry's gain of +6.4% [1] Earnings Estimate Revisions - The current quarter's earnings estimate for SPAR Group is projected at $0.02 per share, reflecting a significant decrease of -81.8% from the same quarter last year [4] - The consensus earnings estimate for the current fiscal year stands at $0.46, indicating a year-over-year increase of +119.1% [4] - For the next fiscal year, the consensus earnings estimate is $0.12, which represents a decline of -73.9% compared to the previous year [5] Revenue Projections - The consensus sales estimate for the current quarter is $39 million, showing a year-over-year decrease of -40.1% [8] - Estimated revenues for the current and next fiscal years are $207 million and $172 million, indicating changes of -21.2% and -16.9%, respectively [8] Last Reported Results - In the last reported quarter, SPAR Group's revenues were $37.79 million, a year-over-year decline of -43.9% [9] - The reported EPS of $0.02 matches the EPS from the same period last year [9] - The company reported revenues that were -10.03% below the Zacks Consensus Estimate of $42 million [10] Valuation - SPAR Group has received an A grade in the Zacks Value Style Score, suggesting it is trading at a discount compared to its peers [14] - Valuation multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) are essential for assessing whether the stock is fairly valued [12][13] Conclusion - The Zacks Rank 3 indicates that SPAR Group may perform in line with the broader market in the near term, despite the current market buzz [15]

SPAR Group, Inc. (SGRP) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this company have returned -11.6%, compared to the Zacks S&P 500 composite's +0.6% change. During this period, the Zacks Business - Services industry, which SPAR Group falls in, has gained 0.1%. The key question now is: What could be the stock's future direction?While media releases o ...

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 September 30, 2024 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 ...

Group 1 - SPAR Group, Inc. (SGRP) stock closed at $2.41, showing a +0.42% change from the previous day, outperforming the S&P 500, which fell by 0.28% [1] - Over the past month, SGRP shares have decreased by 3.23%, underperforming the Business Services sector's gain of 1.14% and the S&P 500's gain of 0.41% [1] Group 2 - Analysts expect SPAR Group, Inc. to report earnings of $0.02 per share, indicating no growth compared to the same quarter last year, with revenue projected at $42 million, down 37.62% year-over-year [2] - Full-year Zacks Consensus Estimates predict earnings of $0.46 per share and revenue of $207 million, reflecting year-over-year changes of +119.05% for earnings and -21.22% for revenue [3] Group 3 - Recent analyst estimate revisions for SPAR Group, Inc. suggest a positive outlook for the company's business trends, as these revisions are correlated with near-term share price momentum [4][3] - The Zacks Rank system, which evaluates estimate changes, currently ranks SPAR Group, Inc. as 3 (Hold), with the consensus EPS projection remaining unchanged over the past 30 days [5] Group 4 - SPAR Group, Inc. has a Forward P/E ratio of 5.22, which is significantly lower than the industry average Forward P/E of 19, indicating a valuation discount [6] - The Business Services industry, which includes SPAR Group, has a Zacks Industry Rank of 83, placing it in the top 33% of over 250 industries [6][7]