0001493152-26-022244
SEC filingParks! America, Inc. reported consolidated segment income of $494,324 for the 13 weeks ended March 29, 2026, up from $222,421 in the same quarter last year, driven by revenue growth and improved segment operating margins across Georgia and Texas Parks.
Parks! America, Inc. delivered a materially improved second fiscal quarter ending March 29, 2026, with consolidated segment income more than doubling year-over-year to $494,324 on 14.7% higher revenue of $2.296 million. The improvement was broad-based: Georgia Park’s segment income rose 72% to $255,046, Texas Park’s surged 210% to $208,246, and Missouri Park turned a modest profit ($31,032) after a near-break-even result in the prior year. Segment operating margins expanded significantly — Georgia Park improved from 14.2% to 22.3%, Texas Park from 11.5% to 30.6%, and Missouri Park from 1.8% to 6.6% — suggesting effective cost management and favorable revenue mix. Unallocated corporate expenses declined 27% year-over-year to $219,845, contributing meaningfully to the swing from a $328,762 pre-tax loss in Q2 FY2025 to $33,260 in profit this quarter. Depreciation and amortization remained stable, while capital expenditures dropped sharply to $126,980 from $484,909 in the prior-year quarter, signaling reduced near-term investment intensity. Though the press release cautions that results are preliminary and directs investors to the full Form 10-Q, the magnitude and consistency of the improvements across two of three parks — particularly Texas Park’s strong margin expansion — indicate underlying operational progress. No forward-looking guidance is disclosed in Exhibit 99.1.