---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-031602"
form_type: "8-K"
ticker: "PRKA"
cik: "0001297937"
company_name: "PARKS AMERICA, INC"
filed_at: "2024-08-13T23:59:59+00:00"
generated_at: "2026-05-31T09:37:11.636811+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Parks! America Q3 FY2024: cash down, appoints President, proxy costs $2M

## Summary
- Appointed Geoff Gannon as President; created Capital Allocation Committee of three directors.
- YTD segment: Georgia rev $4.42M/income $1.72M, Missouri rev $1.29M/income $0.17M, Texas rev $1.38M/income $0.10M.
- Consolidated cash $2.85M (down from $4.10M Oct 2023); total debt $3.65M (down from $4.23M).
- Authorized $0.8M capex for Georgia Park restroom; managing ~$2.0M proxy contest expenses and severance.
- Conference call at 4:30 PM ET today to review Q3 results.

## SEC filing metadata
- accession: 0001493152-24-031602
- form_type: 8-K
- ticker: PRKA
- cik: 0001297937
- company_name: PARKS AMERICA, INC
- filed_at: 2024-08-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1297937/000149315224031602/0001493152-24-031602-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1297937/000149315224031602/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-031602
- JSON: https://secwatch.observer/filing/0001493152-24-031602.json
- Plain text: https://secwatch.observer/filing/0001493152-24-031602.txt

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