SPAR

SPAR Group Sells Interest in China Joint Venture

Retrieved on: 
Tuesday, February 27, 2024

AUBURN HILLS, Mich., Feb. 27, 2024 (GLOBE NEWSWIRE) -- SPAR Group, Inc. (NASDAQ: SGRP) (“SPAR”, “SPAR Group” or the “Company”), a leading global provider of merchandising, marketing and distribution services, reports the sale of its ownership interest in SPAR China, the joint venture based in Shanghai.

Key Points: 
  • AUBURN HILLS, Mich., Feb. 27, 2024 (GLOBE NEWSWIRE) -- SPAR Group, Inc. (NASDAQ: SGRP) (“SPAR”, “SPAR Group” or the “Company”), a leading global provider of merchandising, marketing and distribution services, reports the sale of its ownership interest in SPAR China, the joint venture based in Shanghai.
  • “As we continue to evaluate strategic alternatives for the business, we are simplifying our operating and financial structure.
  • At the same time, we are focused on building our core business that has experienced strong demand and growth over the last three years,” said Mike Matacunas, President and CEO, SPAR Group.
  • This is a good time to invest in SPAR Group.”

Options Announces Sponsorship of the St. Patrick’s Day SPAR Craic 10K Run

Retrieved on: 
Tuesday, March 5, 2024

Options Technology , a trailblazer in capital markets infrastructure, today announced its sponsorship of the 2024 Spar Craic 10K St. Patrick’s Day Run in Belfast.

Key Points: 
  • Options Technology , a trailblazer in capital markets infrastructure, today announced its sponsorship of the 2024 Spar Craic 10K St. Patrick’s Day Run in Belfast.
  • View the full release here: https://www.businesswire.com/news/home/20240305606777/en/
    Options today announced its sponsorship of the 2024 Spar Craic 10K St. Patrick’s Day Run in Belfast.
  • Danny Moore , Options’ President and CEO, said, “We are excited to support this year’s SPAR Craic 10k St Patrick’s Day run.
  • Good luck to all the runners – see you at the finish line.”
    Connla McCann , Director of the SPAR Craic 10k, added, “St.

Henderson Group Continues to Deliver Payment Choice for Customers with Glory Cash Recycling Solutions

Retrieved on: 
Tuesday, December 19, 2023

Glory (TYO: 6457), a global leader in retail cash automation solutions has announced that leading Northern Ireland retailer and grocer Henderson Group, has confirmed another substantial order with the company for CASHINFINITYTM point of sale (POS) cash recycling solutions.

Key Points: 
  • Glory (TYO: 6457), a global leader in retail cash automation solutions has announced that leading Northern Ireland retailer and grocer Henderson Group, has confirmed another substantial order with the company for CASHINFINITYTM point of sale (POS) cash recycling solutions.
  • The most recent order will introduce Glory’s latest technology, the CI-10X, to Henderson Group stores for the first time.
  • Glory’s CI-10X POS solutions will be installed at traditional, self-checkout, food-to-go and drive-through payment positions and combined with CI-100X solutions in the store back office, deliver automated closed loop cash management.
  • Mark McCallum, UK & Ireland Managing Director at Glory said:
    “We are delighted to continue our strong relationship with Henderson Group to protect and manage its cash assets across their business.

SPAR Group, Inc. Reports Third Quarter Fiscal 2023 Results

Retrieved on: 
Tuesday, November 14, 2023

AUBURN HILLS, Mich., Nov. 14, 2023 (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 three and nine months ended September 30, 2023.

Key Points: 
  • AUBURN HILLS, Mich., Nov. 14, 2023 (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 three and nine months ended September 30, 2023.
  • Consolidated Adjusted EBITDA (1) in the 2023 quarter was $2.5 million, comparable to $2.5 million in the prior year.
  • Adjusted EBITDA attributable to SPAR Group, Inc. (1) in the 2023 quarter was $1.5 million, compared to $1.2 million in the prior year.
  • The Company will conduct a conference call today at 10:00 a.m Eastern Time to discuss financial and operating results for the third quarter and nine months ended September 30, 2023.

Grocers Can Slash Carbon Emissions with Natural Refrigerants

Retrieved on: 
Wednesday, November 15, 2023

BENTONVILLE, Ark., Nov. 15, 2023 /PRNewswire/ -- Grocers can advance their sustainability goals by rolling out CO2-based cold-storage systems, but the shift to natural refrigerants requires careful planning and coordination, advises a veteran engineer from HFA Architecture + Engineering.

Key Points: 
  • "What makes carbon dioxide a better choice for fighting climate change?"
  • "While it is, of course, a greenhouse gas, it is far less heat-trapping than the refrigerants traditionally used in conventional, direct-expansion refrigeration and HVAC systems."
  • But grocers should be aware of the engineering challenges and upfront costs associated with these systems, Schluterman advises.
  • "Combined with their internal decarbonization targets," he concludes, "this external pressure is just one more reason for grocers to explore climate-friendly approaches to keeping things cool."

SPAR Group, Inc. Announces Timing of Third Quarter Fiscal 2023 Results Conference Call

Retrieved on: 
Tuesday, November 7, 2023

AUBURN HILLS, Mich., Nov. 07, 2023 (GLOBE NEWSWIRE) -- SPAR Group, Inc. (NASDAQ: SGRP) (“SPAR”, “SPAR Group” or the “Company”), a leading global provider of merchandising and marketing services, today announces that it will release its fiscal third quarter 2023 results on Tuesday, November 14, 2023, before the market opens.

Key Points: 
  • AUBURN HILLS, Mich., Nov. 07, 2023 (GLOBE NEWSWIRE) -- SPAR Group, Inc. (NASDAQ: SGRP) (“SPAR”, “SPAR Group” or the “Company”), a leading global provider of merchandising and marketing services, today announces that it will release its fiscal third quarter 2023 results on Tuesday, November 14, 2023, before the market opens.
  • Dial 1-833-630-1542, or 1-412-317-1821 if calling from an International number, at least 10 minutes before the call and ask to be joined into the SPAR Group call.
  • A replay will be available through November 21st by dialing 1-877-344-7529 and using the conference ID: 2719462#.
  • Connect to the webcast via the Events and Presentations page of SPAR Group’s Investor Relations website at https://investors.sparinc.com/events-and-presentations .

Pershing Square SPARC Holdings, Ltd. Announces Launch and SPAR Distribution

Retrieved on: 
Friday, September 29, 2023

Pershing Square SPARC Holdings, Ltd. (“SPARC”) today announced that the SEC has declared SPARC’s registration statement effective.

Key Points: 
  • Pershing Square SPARC Holdings, Ltd. (“SPARC”) today announced that the SEC has declared SPARC’s registration statement effective.
  • SPARC will shortly be distributing special purpose acquisition rights (“SPARs”) at no cost to former securityholders of Pershing Square Tontine Holdings, Ltd. (“PSTH”).
  • Pershing Square SPARC Sponsor, LLC, (“Sponsor”), an affiliate of Pershing Square Capital Management, L.P., serves as the sponsor of SPARC.
  • In connection with the distribution of SPARs, SPARC entered into a SPAR Rights Agreement with Continental Stock Transfer & Trust Company (“Continental”), as custodian and rights agent.

Scaling New Heights for a Vital Cause: Options Completes Mourne Wall Challenge to Raise £32,061 for PIPS Suicide Prevention Ireland

Retrieved on: 
Wednesday, August 30, 2023

Options Technology , the leading Capital Markets services provider, today announced it has raised £32,061 for PIPS following the completion of the Mourne Wall Challenge.

Key Points: 
  • Options Technology , the leading Capital Markets services provider, today announced it has raised £32,061 for PIPS following the completion of the Mourne Wall Challenge.
  • Today’s news marks Options’ second fundraising initiative for PIPS, building upon £25,000 previously raised through a company-wide charity auction in March 2023.
  • View the full release here: https://www.businesswire.com/news/home/20230830695981/en/
    Options today announced it has raised £32,061 for PIPS following the completion of the Mourne Wall Challenge.
  • “We are delighted to receive this generous donation from Options Technology,” said Renée Quinn , Executive Director of PIPS.

SPAR Group, Inc. Announces Timing of Second Quarter Fiscal 2023 Results Conference Call

Retrieved on: 
Thursday, August 10, 2023

AUBURN HILLS, Mich., Aug. 10, 2023 (GLOBE NEWSWIRE) -- SPAR Group, Inc. (NASDAQ: SGRP) (“SPAR”, “SPAR Group” or the “Company”), a leading global provider of merchandising and marketing services, today announces that it will release its fiscal second quarter 2023 results on Monday, August 14, 2023, before the market opens.

Key Points: 
  • AUBURN HILLS, Mich., Aug. 10, 2023 (GLOBE NEWSWIRE) -- SPAR Group, Inc. (NASDAQ: SGRP) (“SPAR”, “SPAR Group” or the “Company”), a leading global provider of merchandising and marketing services, today announces that it will release its fiscal second quarter 2023 results on Monday, August 14, 2023, before the market opens.
  • By Phone: Dial 1-833-630-1542, or 1-412-317-1821 if calling from an International number, at least 10 minutes before the call and ask to be joined into the SPAR Group call.
  • A replay will be available through August 21st by dialing 1-877-344-7529 and using the conference ID: 7834005#.
  • By Webcast: Connect to the webcast via the Events and Presentations page of SPAR Group’s Investor Relations website at https://investors.sparinc.com/events-and-presentations .

SPAR Group, Inc. Reports Strong First Quarter Fiscal 2023 Results

Retrieved on: 
Monday, May 22, 2023

AUBURN HILLS, Mich., May 22, 2023 (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 first quarter ended March 31, 2023.

Key Points: 
  • AUBURN HILLS, Mich., May 22, 2023 (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 first quarter ended March 31, 2023.
  • Adjusted EBITDA attributable to SPAR Group, Inc. (1) in the 2023 quarter was $2.9 million, compared to Adjusted EBITDA of $1.5 million in the prior year.
  • For the three months ended March 31, 2023, net cash provided by operating activities was $2.9 million and was primarily due strong operating results and working capital changes.
  • The Company ended the quarter with positive net working capital of $28.1 million at March 31, 2023.