{"url_path":"/sec/sgrp/8-k/2026-03-31/item-2-02","section_key":"item-2-02","section_title":"Item 2.02 **–**Results of Operations and Financial Condition.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-03-31","source_url":"https://www.sec.gov/Archives/edgar/data/1004989/0001437749-26-010507-index.html","accession_number":"0001437749-26-010507","cik":"0001004989","ticker":"SGRP","issuer_name":"SPAR Group, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1004989/0001437749-26-010507-index.html","primary_entity_key":"0001004989","primary_entity_name":"SPAR Group, Inc."},"word_count":906,"has_tables":true,"body_markdown":"**Item 2.02**–**Results of Operations and Financial Condition.**\n\n \n\nOn March 31, 2026, the Company announced its fiscal year 2026 financial guidance. A copy of the press release announcing this event is attached to and included in this Form 8-K as Exhibit 99.1.\n\n \n\n**Forward Looking Statements**\n\n \n\nThis Current Report on Form 8-K (this \"Current Report\") contains forward-looking statements within the \"safe harbor\" provisions of the Private Securities Litigation Reform Act of 1995, made by, or respecting, SPAR Group, Inc. (the \"Corporation\"' or \"SGRP\") and its subsidiaries (together with SGRP, \"SPAR\", \"SPAR Group\" or the \"Company\"). \"Forward-looking statements\" are defined in Section 27A of the Securities Act of 1933, as amended (the \"Securities Act\"), and Section 21E of the Securities Exchange Act of 1934, as amended (the \"Exchange Act\"), and other applicable federal and state securities laws, rules and regulations, as amended (together with the Securities Act and Exchange Act, the \"Securities Laws\").\n\n \n\nReaders can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. Words such as \"may,\" \"will,\" \"expect,\" \"intend,\" \"believe,\" \"estimate,\" \"anticipate,\" \"continue,\" \"plan,\" \"project,\" or the negative or variations of these terms or other similar expressions also identify forward-looking statements. Forward-looking statements made by the Corporation in this Current Report may include (without limitation) statements regarding risks, uncertainties, cautions, circumstances and other factors (\"Risks\"). Those Risks include (without limitation): potential or continued revenue growth, gross margin expansion, and continued favorable shift in service mix from remodeling toward merchandising services; continued and new long-standing relationships with retailers, distributors and manufacturers of consumer goods; successful results from merchandising partnerships and relationships with other companies, borrowing, repaying or guarantying the Company's recent unsecured loans or paying interest thereon; issuing the shares of the Corporation's 'Common Stock; the departure in 2025 of various of the Corporation's executives previously reported and the agreements made with them; potential non-compliance with applicable Nasdaq rules regarding minimum bid prices, the filing of periodic financial reports, director independence, holding annual meetings, or other rules; the impact of selling certain of the Corporation's subsidiaries; or any impact resulting from the Risks on revenues, earnings or cash; the Company's cash flows or financial condition; and plans, intentions, expectations. The Corporation's forward-looking statements also include (without limitation) statements made in \"*Business*\", \"*Risk Factors*\", \"*Cybersecurity*\", \"*Legal Proceedings*\", \"*Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities*\", \"*Management's Discussion and Analysis of Financial Condition and Results of Operations*\", \"*Controls and Procedures*\", and \"*Certain Relationships and Related Transactions, and Director Independence*\" in the Corporation's Annual Report for 2025 referenced below.\n\n \n\nThe information contained in this Current Report is made only as of the date hereof, even if subsequently made available by the Corporation on its website or otherwise.  For additional information and risk factors that could affect the Company, see the Corporation's Annual Report on Form 10-K for its fiscal year ended December 31, 2025, as filed on March 31, 2026, by SGRP with the Securities and Exchange Commission (the \"SEC\"), and SGRP's Proxy Statement for its 2026 Annual Stockholders Meeting, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other reports and statements as and when filed with the SEC (including the Annual Report, Proxy Statement, Quarterly Reports, and Current Reports, each a \"SEC Report\").\n\n \n\nYou should carefully review and consider the Corporation's forward-looking statements (including all Risks and other cautions and uncertainties) and other information made, contained, noted or referenced in or incorporated by reference into this Current Report, but you should not place undue reliance on any of them. The results, actions, levels of activity, performance, achievements or condition of the Company (including its assets, business, clients, capital, cash flow, credit, expenses, financial condition, income, indebtedness, legal costs, liabilities, liquidity, locations, marketing, operations, performance, prospects, sales, strategies, taxation, vendors, or other achievement, results, risks, trends or condition) and other events and circumstances planned, intended, anticipated, estimated or otherwise expected by the Company (collectively, \"Expectations\"), and our forward-looking statements (including all Risks) and other information reflect the Corporation's current views about future events and circumstances. Although the Corporation believes those Expectations and views are reasonable, the results, actions, levels of activity, performance, achievements or condition of the Company or other events and circumstances may differ materially from our Expectations and views, and they cannot be assured or guaranteed by the Corporation, since they are subject to Risks and other assumptions, changes in circumstances and unpredictable events (many of which are beyond the Corporation's control). In addition, new Risks arise from time to time, and it is impossible for the Corporation to predict these matters or how they may arise or affect the Company. Accordingly, the Corporation cannot assure you that its Expectations will be achieved in whole or in part, that it has identified all potential Risks, or that it can successfully avoid or mitigate such Risks in whole or in part, any of which could be significant and materially adverse to the Company and the value of your investment in the Corporation's common stock.\n\n \n\nThese forward-looking statements reflect the Corporation's Expectations, views, Risks and assumptions only as of the date hereof, and the Corporation does not intend, assume any obligation, or promise to publicly update or revise any forward-looking statements (including any Risks or Expectations) or other information (in whole or in part), whether as a result of new information, new or worsening Risks or uncertainties, changed circumstances, future events, recognition, or otherwise."}