Park Electrochemical

Park Aerospace Corp. engages in the provision of solution and hot-melt advanced composite materials. Its products are used to produce primary and secondary structures for jet engines, large and regional transport aircraft, military aircraft, unmanned aerial vehicles or drones, business jets, general aviation aircraft, and rotary wing aircraft. It also offers specialty ablative materials for rocket motors and nozzles and specially designed materials for random applications. The company was founded by Jerry Shore and Anthony Chiesa on March 31, 1954 and is headquartered in Westbury, NY.

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Park Aerospace Corp. faces supply chain challenges but forecasts Q1 growth

Park Aerospace Corp. faced challenges in Q4 due to supply chain disruptions and staffing shortages, impacting its financial performance. However, the company remains resilient and forecasts potential growth in Q1, emphasizing dedication to generating lasting value and addressing shareholder concerns.

Park Aerospace Corp Exceeds Q1 Sales Estimates Amid Supply Chain Challenges

PKE's Q2 call highlighted strong sales performance, supply chain challenges, and opportunities for growth. The company's resilience in managing challenges and commitment to R&D and culture were notable. However, concerns about margin impact factors and market uncertainties were also discussed.

Park Electrochemical reports resilient Q3 performance amidst industry challenges

Park Electrochemical faced challenges from supply chain disruptions and staffing shortages but maintained a positive outlook.
The company's involvement in niche military aerospace programs and successful test flights showcase strengths in the market.
Despite uncertainties, revenue growth opportunities exist from various programs and potential future sales expansions.

Park Electrochemical reports Q4 sales meeting estimates amid operational challenges

Park Electrochemical reported Q4 2023 sales meeting estimates but falling short on EBITDA due to challenges like supply chain disruptions and staffing shortages, impacting financial outlook for Park and GE programs.
The company showcased resilience in operational adaptability, strategic financial planning, and commitment to innovation, growth, and shareholder value despite challenges and uncertainties.
Challenges included supply chain disruptions, inflation concerns, staffing shortages, and uncertainties in global economic conditions, with opportunities lying in operational efficiency, strategic decision-making, and growth initiatives.
Park's focus on employee well-being, dedication to achieving company goals, and efforts to address challenges like index removal and potential share repurchases reflect a commitment to long-term sustainability and shareholder value.
Analyst inquiries highlighted challenges in pricing mechanisms, inflation assumptions, and capital allocation decisions, emphasizing the complexity of financial planning and decision-making in uncertain market conditions.

Park Electrochemical navigates challenges, eyes growth amid industry disruptions

Park Electrochemical's Q1 performance showed resilience amidst challenges, with a focus on strategic management. The company faces ongoing hurdles from supply chain disruptions, workforce shortages, and inflation impacting margins. Opportunities exist in optimizing operations, addressing workforce issues, and capitalizing on market dynamics.

Park Electrochemical reports resilient margins amidst revenue challenges in Q2

Park Electrochemical faces challenges with supply chain disruptions and revenue drop in Q2, but maintains strong margins. The company is focused on long-term growth opportunities and navigating uncertainties in the aviation industry.

Park Electrochemical navigates challenges, eyes growth opportunities in 2024

Park Electrochemical faces challenges in sales variability and supply chain disruptions but maintains a strong financial position. The company is focused on proactive cost adjustments and strategic growth opportunities to drive future success.

Park Electrochemical reports Q4 challenges, eyes aerospace sector growth

Park Electrochemical navigated challenges in Q4, focusing on long-term strategic growth and maintaining a strong balance sheet. Supply chain disruptions and a storm in Q1 impacted operations, but the company anticipates increased demand in 2025. Park is optimistic about future opportunities and is prepared for recovery efforts.

Park Electrochemical navigates storm disruptions, forecasts growth for 2025

Park Electrochemical faces challenges from storm-related damages impacting Q1 results but maintains a strong balance sheet. The company is poised for recovery with undamaged production equipment and forecasts growth opportunities in sales and EBITDA for Q2 and the full year '25.

Park Electrochemical Corp. reports resilient Q2 sales amidst operational challenges

Park Electrochemical Corp. demonstrated resilience in sales performance but faced challenges with expenses and operational disruptions in Q2 2025.
The company's strengths lie in its financial stability, customer relationships, and strategic planning for future aerospace market opportunities.
While challenges like cost management and operational disruptions persist, Park Electrochemical Corp. has opportunities to drive growth through innovation and market readiness.
Overall, the earnings call highlighted a mix of performance, strengths, challenges, and opportunities, shaping the company's strategic direction and investor outlook.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Park Aerospace Corp. engages in the provision of solution and hot-melt advanced composite materials. It operates through the North America, Asia, and Europe geographical segments. The company was founded by Jerry Shore and Anthony Chiesa on March 31, 1954 and is headquartered in Westbury, NY.

Park Aerospace Corp. shows steady financials with a 33.9% revenue increase, but faces challenges like inconsistent dividends and underutilized facilities, suggesting a cautious investment approach. Despite a strong reputation in aerospace materials, Park's stock underperformed the S&P 500, with dividends being inconsistent and often unsustainable. Park's involvement in high-profile projects like the GE9X and LEAP-1A engines offers growth opportunities, but valuation concerns and margin pressures remain.

Park Aerospace Growth Potential Weighed Down By Valuation Issues

Park Aerospace Corp. (NYSE:PKE ) Q2 2025 Earnings Conference Call October 15, 2024 5:00 PM ET Company Participants Brian Shore - Chairman & CEO Conference Call Participants Nick Ripostella - NR Management Operator Good afternoon. My name is Matt, and I will be your conference operator today.

Park Aerospace Corp. (PKE) Q2 2025 Earnings Call Transcript

NEWTON, Kan., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Park Aerospace Corp. (NYSE-PKE) reported results for the 2025 fiscal year second quarter ended September 1, 2024. The Company will conduct a conference call to discuss its financial results and other matters at 5:00 p.m. EDT today. A live audio webcast of the event, along with presentation materials, will be available at https://edge.media-server.com/mmc/p/yikc26i5 at 5:00 p.m. EDT today. The presentation materials will also be available at approximately 4:15 p.m. EDT today at https://parkaerospace.com/shareholders/investor-conference-calls/ and on the Company's website at www.parkaerospace.com under “Investor Conference Calls” on the “Shareholders” page.

Park Aerospace Corp. Reports Second Quarter Results

NEWTON, Kan., Oct. 11, 2024 (GLOBE NEWSWIRE) -- Park Aerospace Corp. ( NYSE - PKE) announced that it plans to release its financial results for its 2025 fiscal year second quarter ended September 1, 2024 after the New York Stock Exchange closes on Tuesday, October 15, 2024. The Company will conduct a conference call to discuss such results at 5:00 p.m. EDT on the same day. Forward-looking and other material information may be discussed in this conference call. The conference call dial-in number is (877) 407-3982 in the United States and Canada and (201) 493-6780 in other countries and the required conference ID for attendance by phone is 13749480.

Park Aerospace Corp. Announces Date of Second Quarter Earnings Release and Conference Call

NEWTON, Kan., Sept. 10, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Park Aerospace Corp. (NYSE – PKE) has declared a regular quarterly cash dividend of $0.125 per share payable November 5, 2024 to shareholders of record at the close of business on October 1, 2024.

Park Aerospace Corp. Declares Cash Dividend

Park Aerospace is a leading manufacturer of advanced composite materials for the aerospace industry. The company reported disappointing sales in fiscal Q1 2025, largely attributable to storm damage at their Kansas production facility, and operations are back up and running. Park Aerospace remains optimistic about future growth opportunities, specifically as it related to the LEAP-1A engine program for the Airbus narrow-body A320 jets.

Park Aerospace: A Tough Quarter, But Looking To Recover

NEWTON, Kan., July 30, 2024 (GLOBE NEWSWIRE) -- Park Aerospace Corp. (NYSE-PKE) announced the election of John Jamieson to the position of Senior Vice President of Project Management of the Company. John will report to Mark Esquivel, the President and Chief Operating Officer of Park Aerospace Corp.

Park Aerospace Corp. Announces the Election of John Jamieson as Senior Vice President of Project Management

Park Aerospace Corp. (NYSE:PKE ) Q1 2025 Earnings Conference Call July 16, 2024 5:00 PM ET Company Participants Brian Shore - Chairman and Chief Executive Officer Operator Hello. Good afternoon.

Park Aerospace Corp. (PKE) Q1 2025 Earnings Call Transcript

NEWTON, Kan., July 16, 2024 (GLOBE NEWSWIRE) -- Park Aerospace Corp. (NYSE-PKE) reported results for the 2025 fiscal year first quarter ended June 2, 2024. The Company will conduct a conference call to discuss its financial results and other matters at 5:00 p.m. EDT today. A live audio webcast of the event, along with presentation materials, will be available at https://edge.media-server.com/mmc/p/f7gkgg8i at 5:00 p.m. EDT today. The presentation materials will also be available at approximately 4:15 p.m. EDT today at https://parkaerospace.com/shareholders/investor-conference-calls/ and on the Company's website at www.parkaerospace.com under “Investor Conference Calls” on the “Shareholders” page.

Park Aerospace Corp. Reports First Quarter Results

NEWTON, Kan., July 12, 2024 (GLOBE NEWSWIRE) -- Park Aerospace Corp. (NYSE - PKE) announced that it plans to release its financial results for its 2025 fiscal year first quarter ended June 2, 2024 after the New York Stock Exchange closes on Tuesday, July 16, 2024. The Company will conduct a conference call to discuss such results at 5:00 p.m. EDT on the same day. Forward-looking and other material information may be discussed in this conference call. The conference call dial-in number is (877) 407-3982 in the United States and Canada and (201) 493-6780 in other countries and the required conference ID for attendance by phone is 13747817.

Park Aerospace Corp. Announces Date of First Quarter Earnings Release and Conference Call

Park Aerospace has transitioned from outperforming to underperforming the markets due to margin erosion, worker inefficiencies, missed shipments and unused excess capacity. Modest sales growth was achieved, but margins suffered due to inventory sales, property tax expenses, and increased SG&A costs. Despite potential upside, Park Aerospace stock has become less attractive due to challenges in Airbus A320neo family production ramp up and inflated costs.

Park Aerospace Stock Has Upside Despite Shifting Market Dynamics

Park Aerospace Corp. (NYSE:PKE ) Q4 2024 Results Conference Call May 30, 2024 5:00 PM ET Company Participants Brian Shore - Chairman and CEO Matthew Farabaugh - SVP & CFO Conference Call Participants Nick Ripostella - NR Management Chip Rewey - Rewey Investments Operator Good afternoon. My name is Paul, and I'll be your conference operator today.

Park Aerospace Corp. (PKE) Q4 2024 Earnings Call Transcript

NEWTON, Kan., May 30, 2024 (GLOBE NEWSWIRE) -- Park Aerospace Corp. (NYSE-PKE) reported results for the 2024 fiscal year fourth quarter and full fiscal year ended March 3, 2024. The Company will conduct a conference call to discuss its financial results and other matters at 5:00 p.m. EDT today. A live audio webcast of the event, along with presentation materials, will be available at https://edge.media-server.com/mmc/p/zyr8codr at 5:00 p.m. EDT today. The presentation materials will also be available at approximately 4:15 p.m. EDT today at https://parkaerospace.com/shareholders/investor-conference-calls/ and on the Company's website at www.parkaerospace.com under “Investor Conference Calls” on the “Shareholders” page.

Park Aerospace Corp. Reports Fourth Quarter and Fiscal Year Results

NEWTON, Kan., May 23, 2024 (GLOBE NEWSWIRE) -- Park Aerospace Corp. (NYSE - PKE ) announced that it plans to release its financial results for its 2024 fiscal year fourth quarter and for its full fiscal year ended March 3, 2024 after the New York Stock Exchange closes on Thursday, May 30, 2024. The Company will conduct a conference call to discuss such results at 5:00 p.m. EDT on the same day. Forward-looking and other material information may be discussed in this conference call. The conference call dial-in number is (877) 407-3982 in the United States and Canada and (201) 493-6780 in other countries and the required conference ID is 13746866.

Park Aerospace Corp. Announces Date of Fiscal Year Earnings Release and Conference Call

NEWTON, Kan., May 22, 2024 (GLOBE NEWSWIRE) -- Park Aerospace Corp. (NYSE-PKE) reported that, on Sunday, May 19, at approximately 8:00 pm local time, the Company's Newton, Kansas manufacturing facilities were damaged by a strong storm which transitioned the area. None of the Company's manufacturing lines or equipment were damaged by the storm. Although the building structures are secure, it is likely that the roofs on all three buildings in the Company's Newton, Kansas campus will ultimately need to be replaced. Also, multiple specialty HVAC units were damaged or destroyed. These specialty HVAC units are necessary to control the temperature and humidity in certain of the manufacturing rooms and the production and R&D laboratories, which is required by certain specifications and certifications the Company is subject to. The Company is currently working with multiple contractors on site in order to fully assess the damage and the remediation options.

Park Aerospace Corp. Reports Storm Damage to Its Newton, Kansas Manufacturing Facilities

NEWTON, Kan., April 25, 2024 (GLOBE NEWSWIRE) -- Park Aerospace Corp. (NYSE-PKE) announced the 40th anniversary of the original listing of its Common Stock for trading on the New York Stock Exchange. Park's shares began trading on the New York Stock Exchange under the ticker symbol PKE on April 25, 1984. 3,300 shares of Park's Common Stock were traded on that day. Park first “went public” on November 17, 1960 trading on the American Stock Exchange.

Park Aerospace Corp. Announces 40th Anniversary of Original Listing on New York Stock Exchange

NEWTON, Kan., April 25, 2024 (GLOBE NEWSWIRE) -- Park Aerospace Corp. (NYSE-PKE) announced that the Company's Board of Directors has elected Chris Goldner as Vice President-Finance of the Company. Park also announced that P. Matthew Farabaugh (“Matt”), the Company's long time Senior Vice President and Chief Financial Officer, plans to retire from the Company at the end of May 2024. Matt joined the Company in October of 2007 and has served as the Company's CFO since April 2012. Matt has agreed to serve as a consultant to the Company after his retirement. Chris started with Park on March 4, 2024 and has been working with Matt and Park's accounting staff for the last two months to facilitate the transition. Upon Matt's retirement, Chris will report to Brian Shore, the Company's Chairman and CEO, and Chris will serve as the Company's principal financial officer.

Park Aerospace Corp. Announces Election of Chris Goldner as Vice President-Finance and the Planned Retirement of Matt Farabaugh as the Company's Long Time CFO

Park Aerospace is prepared for a season of higher growth on the programs it currently supplies, especially the LEAP-1A jet engines for Airbus. The combined elements of higher growth and no debt make for an attractive investment profile if the valuation is fair. On the valuation basis of EV/EBITDA multiple, even with fairly conservative assumptions around EBITDA growth relative to management's forecast, valuation is fair with upside potential remaining.

Park Aerospace: Growth Still On The Horizon

NEWTON, Kan., April 01, 2024 (GLOBE NEWSWIRE) -- Park Aerospace Corp. (NYSE-PKE) celebrates 70 years in business. Park was founded 70 years ago on March 31, 1954 by Jerry Shore, Brian Shore's father, and Tony Chiesa, our very dear and special life-long friend.

Park Aerospace Corp. Celebrates 70 Years In Business

Lockheed Martin

Raytheon Technologies

The world is a volatile place. Over the past few years, we've seen Russia invade Ukraine, various violent acts in the Middle East, and mounting tensions around Taiwan's political status.

The 3 Top Dividend-Paying Defense Stocks to Buy for 2024

NEWTON, Kan., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Park Aerospace Corp. (NYSE – PKE) announced that Brian E. Shore, the Company's Chairman and Chief Executive Officer, will speak at the 26th Annual Needham Growth Conference on Tuesday, January 16, 2024, at 1:30 p.m. EST.   Mr. Shore will participate in the Conference virtually. A live audio webcast, along with presentation materials, will be available at https://wsw.com/webcast/needham134/pke/2057792. An archived replay will also be available at the same link for 90 calendar days.

Park Aerospace Corp. Chairman and CEO to Speak at Annual Needham Growth Conference

Park Aerospace Corp. (PKE) Q3 2024 Earnings Call Transcript

NEWTON, Kan., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Park Aerospace Corp. (NYSE-PKE) reported results for the 2024 fiscal year third quarter ended November 26, 2023. The Company will conduct a conference call to discuss its financial results and other matters at 5:00 p.m. EST today. A live audio webcast of the event, along with presentation materials, will be available at https://edge.media-server.com/mmc/p/on4ziexw at 5:00 p.m. EST today. The presentation materials will also be available at approximately 4:15 p.m. EST today at https://parkaerospace.com/shareholders/investor-conference-calls/ and on the Company's website at www.parkaerospace.com under “Investor Conference Calls” on the “Shareholders” page.

Park Aerospace Corp. Reports Third Quarter Results

NEWTON, Kan., Jan. 04, 2024 (GLOBE NEWSWIRE) -- Park Aerospace Corp. (NYSE - PKE) announced that it plans to release its financial results for its 2024 fiscal year third quarter ended November 26, 2023, after the New York Stock Exchange closes on Tuesday, January 9, 2023. The Company will conduct a conference call to discuss such results at 5:00 p.m. EST on the same day. Forward-looking and other material information may be discussed in this conference call. The conference call dial-in number is (877) 407-3982 in the United States and Canada and (201) 493-6780 in other countries, and the required passcode is 13743214.

Park Aerospace Corp. Announces Date of Third Quarter Earnings Release and Conference Call

Revenues keep recovering after the coronavirus hit in fiscal 2021. Margins are expanding as demand returns while headwinds ease. The balance sheet is very robust thanks to very high cash and short-term investments and zero debt.

News for Park Electrochemical Stock (PKE)