---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-017802"
form_type: "8-K"
ticker: "PRKA"
cik: "0001297937"
company_name: "PARKS AMERICA, INC"
filed_at: "2023-05-16T23:59:59+00:00"
generated_at: "2026-06-14T23:16:57.310191+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.82
calibrated_materiality_score: 0.82
confidence: "high"
source: SEC EDGAR
---

# Parks! America Q2 net loss $846k driven by tornado expenses and revenue loss

## Summary
- Q2 total revenues $1.88M, down 10.9% YoY; net loss $846k vs $52k loss prior year.
- Tornado at Georgia Park on Mar 26-27 caused ~$1.0M revenue loss and $1.12M in expenses/asset write-offs; drive-through reopened Apr 15.
- Adjusted net loss ex-tornado $377k, reflecting higher SG&A and transitional costs.
- Six-month net loss $999k, up from $474k prior year; working capital $3.01M, debt-to-equity 0.32.
- Management expects positive EBITDA for FY2023 but cautions net loss possible due to tornado uncertainty.

## SEC filing metadata
- accession: 0001493152-23-017802
- form_type: 8-K
- ticker: PRKA
- cik: 0001297937
- company_name: PARKS AMERICA, INC
- filed_at: 2023-05-16T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.82
- calibrated_materiality_score: 0.82
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1297937/000149315223017802/0001493152-23-017802-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1297937/000149315223017802/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-017802
- JSON: https://secwatch.observer/filing/0001493152-23-017802.json
- Plain text: https://secwatch.observer/filing/0001493152-23-017802.txt

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