Spar Group (SGRP)
NASDAQ:SGRP
Want to see SGRP full AI Analyst Report?
Earnings Data
Report Date
Aug 18, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0.01Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call emphasized a strategic pivot from lower-margin remodel work toward recurring, higher-margin merchandising services and highlighted progress on margin expansion, a return to positive adjusted EBITDA, cost reductions versus 2025 averages, and commercial momentum including a ReposiTrak partnership and pipeline wins. However, the quarter also showed meaningful near-term headwinds: total revenues declined 10.3% year-over-year, GAAP and adjusted net results moved from profit to loss, adjusted EBITDA roughly halved, there was operating cash use of $3.9M, and an outstanding Nasdaq compliance matter introduces near-term regulatory uncertainty. Management reiterated FY26 guidance and signaled confidence in execution, suggesting the quarter represents a transitional inflection toward higher-quality recurring revenue even as short-term financials remain constrained.Company Guidance
Return to Positive Adjusted EBITDA
Consolidated adjusted EBITDA of $0.737M in Q1 FY26, marking a return to positive adjusted EBITDA despite a prior-year $1.5M; signals progress on profitability during the strategic margin-focused pivot.
Gross Margin Improvement
Gross margins increased to 22.3% of revenue in Q1 FY26 from 21.4% year-over-year (up 0.9 percentage points), driven by a shift to higher-margin recurring merchandising services; company target ~25% in 18–24 months.
U.S. Merchandising Growth
U.S. merchandising revenue grew 5% year-over-year in the quarter, reflecting traction in the core, higher-margin business.
Canada Returns to Growth
Canada revenue increased 3% year-over-year, indicating recovery and renewed momentum in the Canadian business.
SG&A Reductions Achieved Versus 2025 Average
SG&A was $6.2M for the quarter; on a normalized basis (removing out-of-period accruals) SG&A declined $1.9M versus the 2025 quarterly average, evidencing realized cost savings from 2025 restructuring.
Strategic Partnership and Business Development
Announced partnership with ReposiTrak to combine proprietary technology with SPAR's on-demand workforce to improve inventory accuracy and on-shelf execution; management also highlighted recent wins with blue-chip retailers and CPG partners and an encouraging pipeline.
Reiterated FY26 Guidance
Company reiterated fiscal 2026 guidance: revenue $143M–$151M, gross margins ~20.5%–22.5%, and SG&A (excluding unusual items) $25.5M–$26.5M, demonstrating management confidence in the full-year plan.
Solid Working Capital Position (Excluding Certain Liabilities)
Reported positive working capital of $18M as of March 31, 2026 (excluding line of credit balance and current portion of long-term debt) and $4.3M in cash, indicating available near-term liquidity.
SGRP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SGRP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 12, 2026 | $0.64 | $0.68 | +6.25% |
Mar 31, 2026 | $0.68 | $0.63 | -8.09% |
Nov 14, 2025 | $1.04 | $0.95 | -8.56% |
Aug 14, 2025 | $1.14 | $1.14 | +0.44% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Spar Group (SGRP) report earnings?
Spar Group (SGRP) is schdueled to report earning on Aug 18, 2026, TBA (Confirmed).
What is Spar Group (SGRP) earnings time?
Spar Group (SGRP) earnings time is at Aug 18, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SGRP EPS forecast?
Currently, no data Available