Why Merchandising & Marketing Services Firm SPAR Shares Are Rocketing Today
Why Merchandising & Marketing Services Firm SPAR Shares Are Rocketing Today
As of December 31, 2023, the company had $10.7 million in cash and cash equivalents and $8.6 million of unused availability.SPAR Group, Inc. (NASDAQ:SGRP) shares are trading higher after the company reported fourth-quarter financial results and announced the sale of its interest in South Africa and Brazil for roughly $22 million.
SPAR集团公司（纳斯达克股票代码：SGRP）股价走高，此前该公司公布了第四季度财务业绩，并宣布以约2200万美元的价格出售其在南非和巴西的权益。
The company reported an adjusted EPS of $0.11, higher than $0.02 a year ago and above the consensus of $(0.01). Sales of $65.10 million beat the consensus of $65.00 million.
该公司报告调整后的每股收益为0.11美元，高于去年同期的0.02美元，高于市场普遍预期的0.01美元。6,510万美元的销售额超过了共识的6,500万美元。
Gross profit rose to $14.9 million from $13.4 million the prior year, with margin expansion of 210-basis points, led by planned initiatives, including improved contract terms and pricing, system enhancements and other cost containments, and services mix shifts.
毛利从去年的1,340万美元增至1,490万美元，利润率增长了210个基点，这得益于计划中的举措，包括合同条款和定价的改善、系统增强和其他成本控制以及服务组合的转变。
As of December 31, 2023, the company had $10.7 million in cash and cash equivalents and $8.6 million of unused availability.
截至2023年12月31日，该公司拥有1,070万澳元的现金及现金等价物以及860万澳元的未用可用资金。
Mike Matacunas, President and Chief Executive Officer, said, "The 2023 U.S. remodel and retail transformation business was below 2022 for the year, however, ramped sequentially each quarter with expectations of revenue growth for 2024. Canada's merchandising and remodeling revenue grew by over 50% in 2023, compared to 2022."
总裁兼首席执行官迈克·马塔库纳斯表示：“2023年美国改造和零售转型业务全年低于2022年，但每个季度都环比增长，预计2024年收入将增长。与2022年相比，加拿大的销售和装修收入在2023年增长了50％以上。”
In a separate release, the company disclosed the divestiture of its majority share in South Africa's Meridian Group to the minority shareholder Lindicom for R181 million and the sale of SGRP Brasil Participações Ltda for 58.9 million BRL to a minority shareholder.
在另一份新闻稿中，该公司披露以1.81亿兰特将其在南非子午线集团的多数股权剥离给少数股东Lindicom，并以5,890万巴西雷亚尔的价格向少数股东出售SGRP巴西参与有限公司。
These transactions, approved by the SPAR Board of Directors, are expected to close in the second quarter.
这些交易经SPAR董事会批准，预计将在第二季度完成。
Investors can gain exposure to the stock via Vanguard Extended Market ETF (NYSE:VXF).
投资者可以通过Vanguard扩展市场ETF（纽约证券交易所代码：VXF）获得股票敞口。
Price Action: SGPR shares are up 31% at $1.27 on the last check Monday.
价格走势：周一的最后一张支票中，SGPR股价上涨了31％，至1.27美元。
Photo via Shutterstock
照片来自 Shutterstock
译文内容由第三方软件翻译。