SPAR Group, Inc. (NASDAQ: SGRP)

SPAR Group, Inc. is a merchandising and brand marketing services company that helps retailers and consumer goods manufacturers present products effectively in stores. The company has more than 50 years of experience and operates in the United States and Canada as of the end of 2025. Its core activities include merchandising, marketing and category management, remodel and retail transformation, assembly and installation, fulfillment and distribution, and business analytics and insights. The firm aims to drive sales, margins and operating efficiency for its clients through these services.

SPAR Group, Inc. generates revenue by charging fees for the services it provides to retailers, manufacturers and distributors. The company offers merchandising and category management support such as shelf resets, price audits, stock replenishment and promotional event setup. It also provides remodel and retail transformation services including store remodels, department resets and fixture installations. Assembly and installation work covers furniture, fitness equipment and office setup tasks. Fulfillment and distribution services involve distribution center staffing, kiosk preparation, returns processing and inventory management. Business analytics and insights deliver data dashboards, out of stock reports and share of shelf analysis to help clients make informed decisions. The firm serves a broad range of retail channels and manufacturer sectors.

The company operates through the following segments:

SPAR Group, Inc. holds a leading position in the outsourced merchandising and marketing services industry in North America. The company differentiates itself through the breadth and quality of its service offerings, its proprietary technology platform, and its ability to execute client priorities quickly across a wide geographic area. Competitors include large national firms, many small specialized providers and the internal merchandising teams of retailers and manufacturers. The firm’s long standing relationships, scale and focus on technology give it a competitive advantage in winning and retaining business.

SPAR Group, Inc. serves a diverse customer base that includes mass merchandisers, grocery stores, health and beauty aids retailers, pharmacies, discount stores, dollar stores, convenience stores, cash and carry operators, home improvement chains, consumer electronics retailers, automotive parts sellers, office supply distributors and independent retailers. On the manufacturer side the company works with personal technology firms, consumer electronics makers, beverage companies, household products producers, consumables brands, financial product providers and automotive aftermarket suppliers. In 2025 two customers accounted for 16.8 percent and 10.8 percent of total revenue respectively.