{"id":994796,"date":"2026-08-13T08:22:17","date_gmt":"2026-08-13T12:22:17","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/spar-group-inc-reports-second-quarter-fiscal-2026-results\/"},"modified":"2026-08-13T08:22:17","modified_gmt":"2026-08-13T12:22:17","slug":"spar-group-inc-reports-second-quarter-fiscal-2026-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/spar-group-inc-reports-second-quarter-fiscal-2026-results\/","title":{"rendered":"SPAR Group, Inc. Reports Second Quarter Fiscal 2026 Results"},"content":{"rendered":"

\n Return to Profitability
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CHARLOTTE, N.C., Aug. 13, 2026 (GLOBE NEWSWIRE) — SPAR Group, Inc.<\/strong> (OTCQB: SGRP) (\u201cSGRP\u201d, and together with its subsidiaries, \u201cSPAR,\u201d \u201cSPAR Group\u201d or the \u201cCompany\u201d), an innovative services company offering comprehensive merchandising and marketing solutions for retailers and brands throughout the United States and Canada, today reported financial results for the periods ended June 30, 2026.<\/p>\n

\n William Linnane, President and Chief Executive Officer of SPAR Group, commented<\/strong>, \u201cDespite lower revenue year-over-year, I am pleased with our progress made in the quarter. Our second quarter results mark an important milestone as we returned to profitability for the first time since the first quarter of 2025. We delivered positive net income, stabilized gross margins, and increased Adjusted EBITDA materially year-over-year. However, there is more work to be done for SPAR to produce sustainable and material earnings driven cash flows. That said, these results validate that our strategic shift toward recurring merchandising services, combined with disciplined operational execution, is translating into higher-quality earnings, improved profitability, and stronger cash-generating potential. We are committed to building on this momentum through continued operational excellence and creating sustainable long-term value for our shareholders.<\/p>\n

\u201cIn addition, we are making meaningful progress on key strategic growth initiatives. Together with ReposiTrak, we are developing a compelling scan-based trading (SBT) proposition designed to create incremental value for retailers and brands. We are encouraged by the market response to this data-driven merchandising business model. We have also begun the process of re-platforming our technology infrastructure, leveraging ReposiTrak\u2019s deep retail technology expertise to enhance capabilities, scalability, and innovation roadmap. At the same time, we are fostering a culture that places our associates at the center of what we do and how we serve clients. We believe these initiatives will further strengthen our competitive position and support long-term growth opportunities.<\/p>\n

\u201cAs we move through the second half of the year, we remain focused on expanding our recurring merchandising service offerings, capitalizing on strong momentum in Canada, and further enhancing profitability and shareholder value,” concluded Linnane.<\/strong><\/p>\n

\n Steven Hennen, Chief Financial Officer of SPAR Group, commented<\/strong>, \u201cOur second quarter results reflect the benefits of our continued focus on operational efficiency and disciplined cost management. Despite lower revenue resulting from our focus on markets and accounts where we have the scale and expertise to execute well and still earn a reasonable return, we delivered improved profitability, maintained gross margin performance, reduced costs, and increased Adjusted EBITDA. We also returned to positive net income in the quarter, demonstrating our ability to improve earnings even in a challenging revenue environment.<\/p>\n

\u201cAs we look ahead, we have strengthened our balance sheet through the first half of 2026, stabilized the business, and developed a clear vision of our transformation of SPAR. We are positioned to successfully execute, go to market, scale our technology and partnerships, and improve our financial performance moving forward, with a clear path to growth, stronger results and sustainable cash generation,\u201d concluded Hennen.<\/strong><\/p>\n

\n Second Quarter 2026 Highlights<\/strong>\n <\/p>\n