SPAR

SPAR Group, Inc. Reports Fourth Quarter and Full Year Fiscal 2023 Results

Retrieved on: 
Monday, April 1, 2024
Growth, SPAR, International, Domestic, Sale, More (store), Investment, Marketing, Music

Mike Matacunas, the Company’s President and Chief Executive Officer, commented, “Fiscal 2023 was a pivotal year for the Company.

Key Points: 
  • Mike Matacunas, the Company’s President and Chief Executive Officer, commented, “Fiscal 2023 was a pivotal year for the Company.
  • “Finally, I want to thank our employees for their hard work and dedication that fueled our growth in fiscal 2023.
  • Operating income was $2.7 million in the current year's fourth quarter compared to an operating loss of $760 thousand in the year-ago quarter.
  • Adjusted EBITDA attributable to SPAR Group, Inc. (1) in the 2023 quarter was $3.9 million, compared to $2.3 million in the prior year.

SPAR Group, Inc. Announces Timing of Fourth Quarter and Fiscal Year 2023 Results Conference Call

Retrieved on: 
Thursday, March 28, 2024
International, Webcast, More (store), Marketing, Q&A, SPAR, Software

AUBURN HILLS, Mich., March 28, 2024 (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 fourth quarter and full year 2023 results on Monday, April 1, 2024, before the market opens.

Key Points: 
  • AUBURN HILLS, Mich., March 28, 2024 (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 fourth quarter and full year 2023 results on Monday, April 1, 2024, 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 April 8th by dialing 1-877-344-7529 and using the conference ID: 5412020#.
  • 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 .

NESTLE INTERNATIONAL AWARDED OMNIQ A PURCHASE ORDER FOR THE SUPPLY OF RUGGEDIZED IOT EQUIPMENT TO NESTLE’S ADVANCED LOGISTIC CENTER

Retrieved on: 
Tuesday, March 26, 2024
SPAR, Communication, Trust, Food, Supply, Data collection, Artificial intelligence, IOT, Warehouse

OMNIQ’s awarded solution becomes the logistic management platform of NESTLE’s refrigerated and frozen products in its advanced logistic center in Israel.

Key Points: 
  • OMNIQ’s awarded solution becomes the logistic management platform of NESTLE’s refrigerated and frozen products in its advanced logistic center in Israel.
  • This order follows orders from other leading US and European-based corporations that chose OMNIQ’s solutions to support their operations.
  • The industrial-designed device improves logistics efficiencies by enabling quick and accurate control of data collection, shipping/receiving, and inventory management.
  • These orders demonstrate our customers’ commitment to adapting innovative technologies to serve their own customers in different and innovative ways.

SPAR CONTRACTED OMNIQ TO DEPLOY SELF-CHECKOUT SOLUTIONS AND ADVANCED ESL SYSTEM IN THEIR NEW ISRAELI MARKET

Retrieved on: 
Monday, March 25, 2024
Spar (retailer), SPAR, Environment, More (store), Partnership, Supermarket, Fintech, ESL, Artificial intelligence, State, Retail

OMNIQ Contracted by SPAR International to install a State-of-the-Art comprehensive in-store System with remotely managed (ESL)Electronic Shelf Labels and the most user-friendly Self-Checkout equipment.

Key Points: 
  • OMNIQ Contracted by SPAR International to install a State-of-the-Art comprehensive in-store System with remotely managed (ESL)Electronic Shelf Labels and the most user-friendly Self-Checkout equipment.
  • OMNIQ’s Shelf Labeling (ESL) solutions offer advantages in performance, with a centralized administration enabling full control of prices, eliminating the need to print paper labels for every price/merchandise change on the shelves.
  • The Netherlands-based retailer operates in 49 countries and has recently expanded to the Israeli market.
  • By integrating OMNIQ’s solutions, SPAR aims to significantly reduce wait times, improve operational efficiency, and foster a more sustainable shopping environment.

SPAR Group Sells Interest in China Joint Venture

Retrieved on: 
Tuesday, February 27, 2024
Marketing, Growth, More (store), Sale, SPAR

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
Technology, Sports, Finance, Security, Fintech, Banking, Professional Services, Networks, Running, Artificial Intelligence, Cloud, Artificial intelligence, Multimedia, AI, Belfast City Hall, Calendar, Private equity firm, Ormeau Park, City, Option, SPAR, Entertainment

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
Personal Finance, Mobile, Wireless, Technology, Other Retail, Finance, Fintech, Electronic Commerce, Professional Services, Food, Beverage, Retail, POS, EPOS, Sale, TYO, SPAR, Henderson Group, Automation, Vivo

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
International, Domestic, Marketing, System, SPAR, More (store), Adjustment, Growth, Video game, Bookkeeping, Pharmaceutical industry, Music, Holding company

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
Carbon, Pressure, Safety, Climate change, Engineering, Ahold Delhaize, ASHRAE, Government, AEC, CO2, P.E, Multimedia, AP, Refrigeration, Climate, Kwik Trip, HFA, SPAR, Transcritical cycle, LEED, EV, HVAC, CXA, Walmart, Temperature

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
SPAR, Q&A, More (store), Marketing, Webcast, International, Software, Film industry

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 .