Parks! America, Inc. Reports Third Quarter Fiscal 2026 Financial Results
Rhea-AI Summary
Parks! America (OTCQX: PRKA) reported results for its third fiscal quarter ended June 28, 2026. For the 13 weeks, consolidated total revenue was $3.50 million versus $3.48 million a year earlier, while consolidated segment income declined to $1.43 million from $1.54 million, reducing the segment operating margin to 40.8% from 44.3%. Income before income taxes for the quarter was $0.93 million compared with $1.08 million in the prior-year period.
For the 39 weeks, consolidated total revenue rose to $7.89 million from $7.25 million, and consolidated segment income increased to $2.33 million from $1.99 million, lifting the year-to-date segment margin to 29.5% from 27.5%. Income before taxes for the 39 weeks was $0.92 million versus $1.03 million. Total assets were $19.9 million at June 28, 2026, with cash and short-term investments of $4.34 million, up from $3.88 million at September 28, 2025. The company will host a webcasted conference call on August 10, 2026 at 4:30 p.m. ET.
Positive
- Year-to-date revenue growth to $7.89M from $7.25M for the 39 weeks ended June 29, 2025
- Year-to-date consolidated segment income increased to $2.33M from $1.99M, with margin rising to 29.5% from 27.5%
- Texas Park 39-week segment income grew to $0.56M from $0.35M on revenue of $1.88M vs. $1.77M
- Missouri Park 39-week segment income rose to $0.31M from $0.17M on revenue of $1.68M vs. $1.32M
- Cash and short-term investments increased to $4.34M at June 28, 2026 from $3.88M at September 28, 2025
- Total assets increased to $19.88M at June 28, 2026 from $19.50M at September 28, 2025
Negative
- Quarterly consolidated segment income declined to $1.43M from $1.54M, with margin down to 40.8% from 44.3%
- Quarterly income before income taxes decreased to $0.93M from $1.08M for the 13 weeks year over year
- Texas Park quarterly revenue fell to $0.65M from $0.82M for the 13 weeks ended, reducing segment income to $0.22M from $0.33M
- Georgia Park quarterly segment income decreased to $0.89M from $0.99M, with margin down to 44.6% from 49.4%
- Personnel costs for the quarter rose to $0.82M from $0.75M across parks, contributing to lower quarterly profitability
AI-generated analysis. How Rhea-AI works. Not financial advice.
Management to host conference call on Monday, August 10, 2026, at 4:30 PM ET
PINE MOUNTAIN, Georgia, Aug. 07, 2026 (GLOBE NEWSWIRE) -- Parks! America, Inc. (OTCQX: PRKA), today announced its financial results for the third fiscal quarter ended June 28, 2026. The summary information in this press release should not be used as the sole basis for making investment decisions. We encourage shareholders to read our complete Form 10-Q, which has been posted on the Investor Info section of the Company’s website, www.parksamerica.com, for a complete view of the Company and its results.
Segment Financial Results for the 13 and 39 weeks ended June 28, 2026 and June 29, 2025
The Company manages its operations on an individual park location basis. Financial information regarding each of the Company’s reportable segments is summarized in the tables below for the periods indicated.
| For the 13 weeks ended June 28, 2026 | ||||||||||||||||
| Georgia Park | Missouri Park | Texas Park | Consolidated | |||||||||||||
| Total revenue | $ | 2,002,395 | $ | 848,357 | $ | 648,551 | $ | 3,499,303 | ||||||||
| Less significant expense categories (1): | ||||||||||||||||
| Cost of animal food, merchandise and food | 319,342 | 94,850 | 67,458 | 481,650 | ||||||||||||
| Other revenue driven costs (2) | 43,090 | 29,456 | 19,602 | 92,148 | ||||||||||||
| Personnel costs (3) | 406,635 | 259,093 | 154,120 | 819,848 | ||||||||||||
| Advertising and marketing | 67,162 | 51,150 | 70,739 | 189,051 | ||||||||||||
| Other segment expenses (4) | 272,487 | 104,729 | 112,498 | 489,714 | ||||||||||||
| Segment income | $ | 893,679 | $ | 309,079 | $ | 224,134 | $ | 1,426,892 | ||||||||
| Segment operating income (loss) as percentage of total revenue | 44.6 | % | 36.4 | % | 34.6 | % | 40.8 | % | ||||||||
| For the 13 weeks ended June 29, 2025 | ||||||||||||||||
| Georgia Park | Missouri Park | Texas Park | Consolidated | |||||||||||||
| Total revenue | $ | 1,999,462 | $ | 656,191 | $ | 820,267 | $ | 3,475,920 | ||||||||
| Less significant expense categories (1): | ||||||||||||||||
| Cost of animal food, merchandise and food | 231,046 | 70,071 | 100,729 | 401,846 | ||||||||||||
| Other revenue driven costs (2) | 40,946 | 12,848 | 15,462 | 69,256 | ||||||||||||
| Personnel costs (3) | 381,265 | 196,445 | 169,849 | 747,559 | ||||||||||||
| Advertising and marketing | 91,284 | 68,690 | 91,555 | 251,529 | ||||||||||||
| Other segment expenses (4) | 266,251 | 91,388 | 109,141 | 466,780 | ||||||||||||
| Segment income | $ | 988,670 | $ | 216,749 | $ | 333,531 | $ | 1,538,950 | ||||||||
| Segment operating income (loss) as percentage of total revenue | 49.4 | % | 33.0 | % | 40.7 | % | 44.3 | % | ||||||||
(1) The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.
(2) Other revenue driven costs include credit card fees and other revenue processing costs driven by sales volume.
(3) Personnel costs include fixed and variable wages, benefits and employer taxes.
(4) Other segment expenses include all other operating expenses, including animal expenses, park and vehicle maintenance costs, insurance, utilities, outside services, operating supplies and other miscellaneous expenses.
| For the 39 weeks ended June 28, 2026 | ||||||||||||||||
| Georgia Park | Missouri Park | Texas Park | Consolidated | |||||||||||||
| Total revenue | $ | 4,327,555 | $ | 1,678,587 | $ | 1,882,906 | $ | 7,889,048 | ||||||||
| Less significant expense categories (1): | ||||||||||||||||
| Cost of animal food, merchandise and food | 619,144 | 186,049 | 252,067 | 1,057,260 | ||||||||||||
| Other revenue driven costs (2) | 95,472 | 53,271 | 52,047 | 200,790 | ||||||||||||
| Personnel costs (3) | 1,093,093 | 648,766 | 458,836 | 2,200,695 | ||||||||||||
| Advertising and marketing | 249,736 | 179,635 | 241,467 | 670,838 | ||||||||||||
| Other segment expenses (4) | 809,533 | 304,076 | 316,913 | 1,430,522 | ||||||||||||
| Segment income | $ | 1,460,577 | $ | 306,790 | $ | 561,576 | $ | 2,328,943 | ||||||||
| Segment operating income as percentage of total revenue | 33.8 | % | 18.3 | % | 29.8 | % | 29.5 | % | ||||||||
| For the 39 weeks ended June 29, 2025 | ||||||||||||||||
| Georgia Park | Missouri Park | Texas Park | Consolidated | |||||||||||||
| Total revenue | $ | 4,156,567 | $ | 1,320,280 | $ | 1,771,552 | $ | 7,248,399 | ||||||||
| Less significant expense categories (1): | ||||||||||||||||
| Cost of animal food, merchandise and food | 548,029 | 154,103 | 266,375 | 968,507 | ||||||||||||
| Other revenue driven costs (2) | 83,191 | 25,759 | 34,875 | 143,825 | ||||||||||||
| Personnel costs (3) | 1,000,819 | 524,466 | 528,620 | 2,053,905 | ||||||||||||
| Advertising and marketing | 217,519 | 154,713 | 238,471 | 610,703 | ||||||||||||
| Other segment expenses (4) | 835,851 | 286,912 | 354,606 | 1,477,369 | ||||||||||||
| Segment income | $ | 1,471,158 | $ | 174,327 | $ | 348,605 | $ | 1,994,090 | ||||||||
| Segment operating income as percentage of total revenue | 35.4 | % | 13.2 | % | 19.7 | % | 27.5 | % | ||||||||
(1) The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.
(2) Other revenue driven costs include credit card fees and other revenue processing costs driven by sales volume.
(3) Personnel costs include fixed and variable wages, benefits and employer taxes.
(4) Other segment expenses include all other operating expenses, including animal expenses, park and vehicle maintenance costs, insurance, utilities, outside services, operating supplies and other miscellaneous expenses.
| For the 13 weeks ended | For the 39 weeks ended | |||||||||||||||
| June 28, 2026 | June 28, 2025 | June 28, 2026 | June 28, 2025 | |||||||||||||
| Consolidated segment income | $ | 1,426,892 | $ | 1,538,950 | $ | 2,328,943 | $ | 1,994,090 | ||||||||
| Less: | ||||||||||||||||
| Unallocated corporate expenses (1) | 247,637 | 277,876 | 685,802 | 849,711 | ||||||||||||
| Depreciation and amortization | 220,799 | 230,756 | 648,051 | 659,619 | ||||||||||||
| Contested proxy and related matters, net | — | (103,657 | ) | — | (670,814 | ) | ||||||||||
| Other operating expense (income), net | — | 13,750 | (3,799 | ) | 13,698 | |||||||||||
| Other (income), net | (17,454 | ) | (18,345 | ) | (59,331 | ) | (57,050 | ) | ||||||||
| Interest expense | 45,292 | 53,970 | 139,903 | 166,148 | ||||||||||||
| Income before income taxes | $ | 930,618 | $ | 1,084,599 | $ | 918,317 | $ | 1,032,778 | ||||||||
(1) Unallocated corporate expenses include corporate personnel costs, director fees and compensation, directors and officers insurance, computer software and services, professional fees and public company related expenses.
Additional Segment Data
| For the 13 weeks ended | For the 13 weeks ended | |||||||||||||||
| June 28, 2026 | June 28, 2025 | June 28, 2026 | June 28, 2025 | |||||||||||||
| Depreciation and amortization | ||||||||||||||||
| Georgia Park | $ | 109,438 | $ | 106,876 | $ | 319,043 | $ | 295,124 | ||||||||
| Missouri Park | 51,718 | 55,332 | 152,860 | 163,413 | ||||||||||||
| Texas Park | 59,228 | 68,134 | 174,903 | 199,840 | ||||||||||||
| Corporate | 415 | 414 | 1,245 | 1,242 | ||||||||||||
| Total depreciation and amortization | $ | 220,799 | $ | 230,756 | $ | 648,051 | $ | 659,619 | ||||||||
| For the 13 weeks ended | For the 13 weeks ended | |||||||||||||||
| June 28, 2026 | June 28, 2025 | June 28, 2026 | June 28, 2025 | |||||||||||||
| Capital expenditures | ||||||||||||||||
| Georgia Park | $ | 45,010 | $ | 65,100 | $ | 384,398 | $ | 1,003,894 | ||||||||
| Missouri Park | 43,451 | 30,364 | 90,535 | 63,887 | ||||||||||||
| Texas Park | 25,332 | — | 70,693 | 114,068 | ||||||||||||
| Total capital expenditures | $ | 113,793 | $ | 95,464 | $ | 545,626 | $ | 1,181,849 | ||||||||
| As of | ||||||||||||||||
| June 28, 2026 | September 28, 2025 | |||||||||||||||
| Assets | ||||||||||||||||
| Georgia Park | $ | 7,815,359 | $ | 8,043,972 | ||||||||||||
| Missouri Park | 3,560,214 | 3,299,882 | ||||||||||||||
| Texas Park | 8,414,466 | 8,135,982 | ||||||||||||||
| Corporate | 91,313 | 19,606 | ||||||||||||||
| Total assets | $ | 19,881,352 | $ | 19,499,442 | ||||||||||||
| Cash & short-term investments | ||||||||||||||||
| Georgia Park | $ | 1,621,414 | $ | 1,920,827 | ||||||||||||
| Missouri Park | 1,235,125 | 888,745 | ||||||||||||||
| Texas Park | 1,486,087 | 1,053,298 | ||||||||||||||
| Corporate | 2,128 | 14,524 | ||||||||||||||
| Total cash & short-term investments | $ | 4,344,754 | $ | 3,877,394 | ||||||||||||
| Assets less cash & short-term investments | ||||||||||||||||
| Georgia Park | $ | 6,193,945 | $ | 6,123,145 | ||||||||||||
| Missouri Park | 2,325,089 | 2,411,137 | ||||||||||||||
| Texas Park | 6,928,379 | 7,082,684 | ||||||||||||||
| Corporate | 89,185 | 5,082 | ||||||||||||||
| Total assets less cash & short-term investments | $ | 15,536,598 | $ | 15,622,048 | ||||||||||||
Conference Call and Webcast Details
The Company will host a conference call to review its financial results for the third fiscal quarter ended June 28, 2026 on August 10, 2026, at 4:30 pm ET. The conference call will be webcast and can be accessed through the Investor Info section of the Company’s website, www.parksamerica.com.
Investors should email their questions to: invest@parksamerica.com. Please send your email questions as early as possible, and no later than 1 p.m. Eastern Time on Monday, August 10, 2026. We will take these email questions first and then live participants will be able to ask follow-up questions in the remaining time. A transcript of the call will be available on the Company’s website.
About Parks! America, Inc.
Parks! America, Inc. (OTCQX: PRKA), through its wholly owned subsidiaries, owns and operates three regional safari parks and is in the business of acquiring, developing and operating local and regional entertainment assets in the United States.
Additional information, including our Annual Report on Form 10-K for the fiscal year ended September 28, 2025, is available in the Investor Info section of the Company’s website, www.parksamerica.com.
Cautionary Note Regarding Forward Looking Statements
This news release may contain “forward-looking statements” within the meaning of U.S. securities laws. Forward-looking statements include statements concerning the Company’s future plans, business strategy, liquidity, capital expenditures, sources of revenue and other similar statements that are not historical in nature. You are cautioned not to place undue reliance on these forward-looking statements, which are based on the Company’s expectations as of the date of this news release and speak only as of the date hereof. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the Company’s actual results to differ significantly from those expressed or implied by such forward-looking statements. Readers are advised to consider the factors listed under the heading “Risk Factors” and the other information contained in the Company’s Annual Report on Form 10-K and other reports filed from time to time with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.
Contact:
John Grau
InvestorCom
(203) 972-9300
info@investor-com.com
