PKE Stock Recent News

NEWTON, Kan., June 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 August 2, 2024 to shareholders of record at the close of business on July 1, 2024.

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.

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.

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.

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 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 Corp. (PKE) Q3 2024 Earnings Call Transcript

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.

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.

Park Aerospace Corp. (NYSE:PKE ) Q2 2024 Earnings Conference Call October 5, 2023 5:00 PM ET Company Participants Brian Shore - Chairman and Chief Executive Officer Conference Call Participants Operator Good afternoon. My name is Alicia, and I'll be your conference operator today.