{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-010501","form_type":"8-K","ticker":"SGRP","cik":"0001004989","company_name":"SPAR Group, Inc.","filed_at":"2024-04-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.821968+00:00","generated_at":"2026-06-04T03:15:33.532451+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"SPAR Group Q4 revenue $65.1M; gross margin improves 210 bps; sells South Africa & Brazil JVs for ~$22M","bullets":["Q4 net revenue $65.1M (up 0.7%); Americas $49.2M, EMEA $8.8M, APAC $7.1M.","Q4 gross profit $14.9M (22.9% margin), up from 20.7% prior year (210 bps improvement).","Full year 2023 revenue $262M (up ~1%); gross margin improved 160 bps to 21.1%.","U.S. merchandising revenue grew 20% YoY; Canada merchandising & remodeling revenue up >50%.","Signed sale agreements for South Africa & Brazil joint ventures; expected cash proceeds ~$22M USD."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-010501","json":"https://secwatch.observer/filing/0001437749-24-010501.json","markdown":"https://secwatch.observer/filing/0001437749-24-010501.md","text":"https://secwatch.observer/filing/0001437749-24-010501.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1004989/000143774924010501/0001437749-24-010501-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1004989/000143774924010501/sgrp20240328_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T03:15:33.532451+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a1f93dde5f037367edd03a7e0025274290a1d948","claim":"SPAR Group, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $65.1 million.","evidence_excerpt":"Net revenues were $65.1 million, comprised of $49.2 million from the Americas segment (75.7%), $8.8 million from EMEA (13.5%), and $7.1 million from APAC (10.8%).","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1004989/000143774924010501/0001437749-24-010501-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$65.1 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}