Spar Group Q1 2026 Earnings Report Shows Revenue Decline and Narrow Operating Loss
In its first-quarter earnings report for fiscal year 2026, Spar Group (SGRP) reported a net revenue decline of 10.3% to $30.5 million due to an intentional shift away from lower-margin project work. Despite the drop in revenue, gross margin improved slightly to 22.3%, and U.S. merchandising revenue grew by 5%. The company also announced a settlement with its cofounder Bob Brown.
Topics: financial_performance gross_margin operating_income revenue