secwatch.observer — SEC 8-K summary
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Issuer:     PARK AEROSPACE CORP (PKE)
CIK:        0000076267
Form:       8-K
Filed at:   2024-07-16T23:59:59+00:00
Accession:  0001437749-24-022821
Event type: earnings
Sentiment:  negative
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Park Aerospace Q1 net sales down 10% to $13.97M; EPS falls to $0.05
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- Net sales $13.97M vs $15.55M prior year (-10.2%); net earnings $993K vs $1.854M.
- Adjusted EBITDA $2.61M vs $3.31M prior year; net earnings before special items $1.78M.
- Recorded pre-tax charge of $1.05M for storm damage to Newton, Kansas facilities in Q1.
- Basic EPS $0.05 vs $0.09 prior year; adjusted EPS $0.09 vs $0.12.
- No forward guidance provided; conference call scheduled for 5:00 PM EDT today.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/76267/000143774924022821/0001437749-24-022821-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/76267/000143774924022821/pke20240716_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-022821

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