SGRP news quotes: international expansion + Kmart is their client...now wonder investors are expecting this to go up, very realistic possibility of a high price level before next earnings are relased in a couple of weeks.
"In April 2004, the Company established a joint venture in South Africa. The joint venture is headquartered in Durban and is owned 51% by the Company. Also in April 2004, the Company announced the establishment of a joint venture in India and started operations during the third quarter. The joint venture is headquartered in New Delhi and is owned 51% by the Company.”
From the financial statement:
“Approximately 15% of the Company's net revenues for the nine months ended September 30, 2004, and 2003, resulted from merchandising services performed at Kmart for various customers.”
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