---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-013795"
form_type: "8-K"
ticker: "PKE"
cik: "0000076267"
company_name: "PARK AEROSPACE CORP"
filed_at: "2023-05-11T23:59:59+00:00"
generated_at: "2026-06-15T05:15:28.773896+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Park Aerospace Q4 net earnings $4.7M ($0.23 EPS) on $2.8M tax benefit; adj EBITDA down 15%

## Summary
- Q4 net earnings $4.706M ($0.23 diluted EPS) vs $1.956M ($0.10) YoY; includes $2.791M tax benefit from reduced uncertain tax positions.
- Q4 adjusted EBITDA $2.625M vs $3.083M YoY; net sales $13.53M vs $12.50M, up 8%.
- Full-year net sales $54.055M, slightly up from $53.578M; net earnings $10.731M ($0.52 EPS) vs $8.464M ($0.41).
- FY EPS before special items $0.40 vs $0.42 diluted prior year; adjusted EBITDA $11.459M vs $13.089M, down 12%.

## SEC filing metadata
- accession: 0001437749-23-013795
- form_type: 8-K
- ticker: PKE
- cik: 0000076267
- company_name: PARK AEROSPACE CORP
- filed_at: 2023-05-11T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/76267/000143774923013795/0001437749-23-013795-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/76267/000143774923013795/pke20230510_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-013795
- JSON: https://secwatch.observer/filing/0001437749-23-013795.json
- Plain text: https://secwatch.observer/filing/0001437749-23-013795.txt

## Key facts
- Earnings Releases
  PARK AEROSPACE CORP reported 2023 fiscal year fourth quarter ended February 26, 2023 results: revenue $13,530,000, net income $4,706,000, EPS $0.23.
  - Period: 2023 fiscal year fourth quarter ended February 26, 2023
  - Revenue: $13,530,000
  - Net income: $4,706,000
  - EPS: $0.23
  - Result: reported results
  source text: Park reported net sales of $13,530,000 for the 2023 fiscal year fourth quarter ended February 26, 2023 compared to $12,502,000 for the 2022 fiscal year fourth quarter ended February 27, 2022 and $13,867,000 for the 2023 fiscal year third quarter ended November 27, 2022. Park’s net sales for the fiscal year ended February 26, 2023 were $54,055,000 compared to $53,578,000 for the fiscal year ended February 27, 2022. Net earnings for the 2023 fiscal year fourth quarter were $4,706,000 compared to $1,956,000 for the 2022 fiscal year fourth quarter and $2,230,000 for the 2023 fiscal year third quarter. Net earnings were $10,731,000 for the 2023 fiscal year compared to $8,464,000 for the 2022 fiscal year. Net earnings before special items for the 2023 fiscal year fourth quarter were $1,976,000 compared to $2,018,000 for the 2022 fiscal year fourth quarter and $2,383,000 for the 2023 fiscal year third quarter. Net earnings before special items for the fiscal year ended February 26, 2023 were
  evidence_url: https://www.sec.gov/Archives/edgar/data/76267/000143774923013795/0001437749-23-013795-index.htm
- Earnings Releases
  PARK AEROSPACE CORP reported 2023 fiscal year ended February 26, 2023 results: revenue $54,055,000, net income $10,731,000, EPS $0.52.
  - Period: 2023 fiscal year ended February 26, 2023
  - Revenue: $54,055,000
  - Net income: $10,731,000
  - EPS: $0.52
  - Result: reported results
  source text: Park reported net sales of $13,530,000 for the 2023 fiscal year fourth quarter ended February 26, 2023 compared to $12,502,000 for the 2022 fiscal year fourth quarter ended February 27, 2022 and $13,867,000 for the 2023 fiscal year third quarter ended November 27, 2022. Park’s net sales for the fiscal year ended February 26, 2023 were $54,055,000 compared to $53,578,000 for the fiscal year ended February 27, 2022. Net earnings for the 2023 fiscal year fourth quarter were $4,706,000 compared to $1,956,000 for the 2022 fiscal year fourth quarter and $2,230,000 for the 2023 fiscal year third quarter. Net earnings were $10,731,000 for the 2023 fiscal year compared to $8,464,000 for the 2022 fiscal year. Net earnings before special items for the 2023 fiscal year fourth quarter were $1,976,000 compared to $2,018,000 for the 2022 fiscal year fourth quarter and $2,383,000 for the 2023 fiscal year third quarter. Net earnings before special items for the fiscal year ended February 26, 2023 were
  evidence_url: https://www.sec.gov/Archives/edgar/data/76267/000143774923013795/0001437749-23-013795-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.