OverviewSuggest Edit

SPAR Group provides merchandising and marketing services worldwide. The Company's syndicated services include product reordering and replenishment; ensuring its products for distribution; adding new products; implementing store planogram schematics; setting product category shelves; ensuring that product shelf tags are in place; checking for salability of the clients' products; placing new product and promotional items in prominent positions; and kiosk replenishment and maintenance services for retailers, manufacturers, and distributors. Its dedicated services consist of syndicated services, as well as new store set-up, store remodel, and fixture installation services for a specific retailer or manufacturer.

In addition, the SPAR Group's project services comprise specific in-store services initiated by retailers and manufacturers, such as new store openings, new product launches, special seasonal or promotional merchandising, focused product support, product recalls, and in-store product demonstration and sampling, as well as performs kiosk product replenishment, inventory control, new store sets and existing store resets, re-merchandising, remodels and category implementation, and under annual or stand-alone project contracts or agreements.

TypePublic
Founded1967
HQWhite Plains, NY, US
Websitesparinc.com
Employee Ratings3.5
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2018)1,544(+8%)
Job Openings2,943
Revenue (FY, 2020)$230.5 M(-8%)
Share Price (Jul 2021)$2
Cybersecurity ratingBMore

Key People/Management at SPAR Group

Mike Matacunas

Mike Matacunas

President and Chief Executive Officer
Kori Belzer

Kori Belzer

Chief Operating Officer
Fay Devriese

Fay Devriese

Chief Financial Officer
Husam Mufti

Husam Mufti

Chief Information Officer
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SPAR Group Office Locations

SPAR Group has offices in White Plains and Auburn Hills
White Plains, NY, US (HQ)
333 Westchester Ave
Auburn Hills, MI, US
1910 Opdyke Ct
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SPAR Group Financials and Metrics

SPAR Group Revenue

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SPAR Group's revenue was reported to be $230.52 m in FY, 2020
USD

Revenue (Q1, 2021)

61.1m

Gross profit (Q1, 2021)

12.3m

Gross profit margin (Q1, 2021), %

20.1%

Net income (Q1, 2021)

1.8m

EBIT (Q1, 2021)

2.7m

Market capitalization (30-Jul-2021)

41.4m

Closing stock price (30-Jul-2021)

2.0

Cash (31-Mar-2021)

19.7m

EV

40.6m
SPAR Group's current market capitalization is $41.4 m.
USDQ2, 2011

Financial Leverage

2 x
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SPAR Group Operating Metrics

FY, 2016

Countries

10
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SPAR Group Revenue Breakdown

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SPAR Group revenue breakdown by business segment: 100.0% from United States

SPAR Group revenue breakdown by geographic segment: 100.0% from International

SPAR Group Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

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SPAR Group Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

SPAR Group Online and Social Media Presence

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SPAR Group Company Culture

  • Overall Culture

    A+

    86/100

  • CEO Rating

    A+

    90/100

  • Compensation

    B

    74/100

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SPAR Group News and Updates

SPAR Group Announces Resignation of Three Independent Board Members

AUBURN HILLS, Mich., June 15, 2021 (GLOBE NEWSWIRE) -- SPAR Group, Inc. (NASDAQ: SGRP), a leading global provider of merchandising and marketing services, announced today that Mr. Arthur H. Baer, Mr. Igor Novgorodtsev, and Mr. Jeffrey A. Mayer, have resigned from the Corporation's Board of Directo…

SPAR Group Reports Results for the First Quarter Ended March 31, 2021

~ First Quarter Net Income Increased 208%, Highest in 15+ years

SPAR Group Increases its Credit Facility

AUBURN HILLS, Mich., May 04, 2021 (GLOBE NEWSWIRE) -- SPAR Group, Inc. (NASDAQ: SGRP), a leading global provider of merchandising and marketing services, announced that it has increased and extended the terms of its current line of credit. Under the more favorable terms of the amendment, the maxim…

SPAR Group Reports Results for the Fourth Quarter and Twelve Months Ended December 31, 2020

~ 4Q Earnings per Share Increased 425%~ 4Q Domestic Revenue Increased 11.9%~ Full Year Net Income Increased 39.2% to $3.4 Million

SPAR Group Announces Mike Matacunas as President and Chief Executive Officer

AUBURN HILLS, Mich., Feb. 16, 2021 (GLOBE NEWSWIRE) -- SPAR Group, Inc. (Nasdaq:SGRP) ("SGRP"), a global leading provider of merchandising and marketing services, today announced that Mike Matacunas has been appointed as its President and Chief Executive Officer and elected to its Board of Directo…
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SPAR Group Blogs

Return to Work: Working strategies for getting back

Vaccinations are up. COVID numbers are down. Things finally seem like they’re getting back to normal. However, as retailers and offices across the nation begin to open up, data shows that companies have been experiencing difficulties finding enough people to staff all their open positions. According…

Is Experiential Marketing the Key to Revitalizing Retail?

Now things are starting to heat up. As of late May, COVID cases, hospitalizations, and deaths are down. Vaccination rates are up, and masks are beginning to come off. As we head into summer, we’re taking a look at experiential marketing, and how it has the potential to revitalize the retail sector, …

Has COVID Made Retail Supply Chains Sick, Too?

If you asked 100 retail industry experts about the one area facing significant challenges right now, one phrase you’d hear over and over would be supply chain management. Supply chains thrive on predictability. Yet as COVID-19 has shown us (not to mention a certain large ship getting stuck in the Su…

Is the Summer of 2021 going to be a hot one for retail?

Things Should Heat Up in the Retail Sector All this good news about COVID couldn’t come at a better time for retail. That’s because traditionally, many of the big retail “holidays” happen in late-spring and summer. Mother’s Day. Graduation. Not to mention Back to School and Back to College, which ha…

Do You Know BORIS? Getting Buy Online, Return In-Store Right.

One of the biggest issues retailers have always faced is how to wrestle with the beast known as shrink, aka return or exchange items. Online shopping adds a new wrinkle for shrink management: how exactly should retailers handle the load when customers Buy Online, Return in Store (aka BORIS)? Accordi…

Is the curbside the next omnichannel hotspot?

Now that the COVID vaccine is getting distributed, the end of the pandemic is finally in sight. It won’t be long until we start seeing customers back in stores, maybe even flush with extra spending money from another round of stimulus checks. Many of the big retail changes from COVID—such as tempera…
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SPAR Group Frequently Asked Questions

  • When was SPAR Group founded?

    SPAR Group was founded in 1967.

  • Who are SPAR Group key executives?

    SPAR Group's key executives are Mike Matacunas, Kori Belzer and Fay Devriese.

  • How many employees does SPAR Group have?

    SPAR Group has 1,544 employees.

  • What is SPAR Group revenue?

    Latest SPAR Group annual revenue is $230.5 m.

  • What is SPAR Group revenue per employee?

    Latest SPAR Group revenue per employee is $149.3 k.

  • Who are SPAR Group competitors?

    Competitors of SPAR Group include Koupon Media, Array Marketing and BBMG.

  • Where is SPAR Group headquarters?

    SPAR Group headquarters is located at 333 Westchester Ave, White Plains.

  • Where are SPAR Group offices?

    SPAR Group has offices in White Plains and Auburn Hills.

  • How many offices does SPAR Group have?

    SPAR Group has 2 offices.