2010 Second Quarter Net Income Increases 159%; Q2 EPS Increases to $0.03
SPAR Group, Inc. (NASDAQ: SGRP) (the "Company" or "SPAR"), a leading supplier of retail merchandising and other marketing services throughout the United States and internationally, today announced the second quarter financial results for the period ended June 30, 2010. Net income for the second quarter of 2010 totaled $612,000 or $0.03 per share compared to $236,000 or $0.01 per share a year ago.
"Our 2010 second quarter financial results improved in several key financial metrics in...
SPAR Group, Inc. (NASDAQ: SGRP) (the "Company" or "SPAR"), a leading supplier of retail merchandising and other marketing services throughout the United States and internationally, today announced the structuring of a new Joint Venture in China with its new partner Shanghai Wedone Marketing Consulting Co., Ltd. The new joint venture will provide merchandising and marketing services and have national market presence in the country.
The new joint venture will be called SPAR (Shanghai) Marketing Management Company Ltd. and SPAR will own 51% of the Joint Venture whi...
SPAR Group, Inc. (NASDAQ: SGRP) (the "Company" or "SPAR"), a leading supplier of retail merchandising and other marketing services throughout the United States and internationally, today announced that a multi-bank group led by Sterling National Bank will provide the Company with a $6.5 million revolving credit facility, which replaces its existing line of credit. This new facility will provide additional working capital and resources to fuel the Company's domestic growth strategy and foster further acquisitions by the Company, both domestically and internationally....
SPAR Group, Inc. (NASDAQ: SGRP) (the "Company" or "SPAR"), a leading supplier of retail merchandising and other marketing services throughout the United States and internationally, today announced that the Company has been named Consumer Products Group Partner of the Year by Health Mart®. SPAR Group is the inaugural recipient of this award.
SPAR Group has been Health Mart's dedicated marketing and merchandising services partner for the past four years, servicing more than 2,600 Health Mart® stores in all 50 states. Part of the Company's services include c...
SPAR Group, Inc. (NASDAQ: SGRP) (the "Company" or "SGRP"), a leading supplier of retail merchandising and other marketing services throughout the United States and internationally, today announced that Gary Raymond, President and Chief Executive Officer, and Jim Segreto, Chief Financial Officer, will host a conference call on Monday, May 17, 2010, at 11:00 a.m. Eastern Daylight Time. During the call management will discuss the company's 2010 first quarter financial results.
Conference Call Details:
Date: Monday, May 17, 2010
Time: 11:00 a.m. EDT
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Company Reports 2010 First Quarter Net Income vs. 2009 First Quarter Net Loss and Gross Profit Margin Improves to 33%
SPAR Group, Inc. (NASDAQ: SGRP) (the "Company" or "SPAR"), a leading supplier of retail merchandising and other marketing services throughout the United States and internationally, today announced the first quarter financial results for 2010.
"During the first quarter of 2010 we realized several financial improvements that were a direct result of our improved cost structure and continued focus on gross profit margin enhancement,&quo...
