Park Aerospace Corp (NYSE:PKE) Q3 2021 Results Conference Call January 7, 2021 11:00 AM ET Company Participants Brian Shore - Chairman & CEO Matt Farabaugh - CFO Conference Call Participants Brad Hathaway - Far View Brian Glenn - Olcott Square Investment Partners, LLC Operator Good morning. My name is Katherine, and I'll be your conference operator today. At this time, I would like to welcome everyone to the Park Aerospace Corp. Third Quarter Fiscal Year '21 Earnings Release Conference Call and Investor Pre ...

| --- | --- | --- | |------------------------------------|---------------|-------| | | | | | | | | | A E R O S P A C E | P A R K CORP. | | | FY2021 Q3 Investor Conference Call | | | January 7, 2021 Forward Looking Disclaimer This presentation contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements give current expectations or forecasts of future events or our future financial or operating performance, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended November 29, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to__________ Commission file number 1-4415 PARK AEROSPACE CORP. (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdictio ...

Park Aerospace Corp. (NYSE:PKE) Q1 2021 Earnings Conference Call July 9, 2020 11:00 AM ET Company Participants Brian Shore - Chairman & CEO Conference Call Participants Chris Hillary - Roubaix Capital Operator Good morning. My name is Shannon and I'll be your conference operator today. At this time, I would like to welcome everyone to the Park Aerospace Corp. First Quarter Fiscal Year 2021 Earnings Release Conference Call and Investor Presentation. All lines have been placed on mute to prevent any backgroun ...

| --- | --- | |-------------------------------------------------|-------| | | | | FY2021 Q1 Investor Conference Call July 9, 2020 | | Forward Looking Disclaimer This presentation contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements give current expectations or forecasts of future events or our future financial or operating performance, and include Park's expectations regarding revenues, EBITDA, EBI ...

| --- | --- | |-------------------------------------------------|-------| | | | | FY2020 Q4 Investor Conference Call May 14, 2020 | | Forward Looking Disclaimer This presentation contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements give current expectations or forecasts of future events or our future financial or operating performance, and include Park's expectations regarding revenues, EBITDA, EBI ...

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Financial Data and Key Metrics Changes - For Q3, sales were $15.847 million, gross profit was over $5 million, and EBITDA was $3.622 million, indicating a slight increase from previous estimates [24][25] - The company declared a special dividend of $1 per share, totaling approximately $20.5 million, alongside a regular quarterly dividend of $0.10 per share [6][10] Business Line Data and Key Metrics Changes - The hot-melt materials manufacturing operations produced at an annualized run rate of $45 million during October and November, indicating a need for increased capacity due to variability in demand [20][28] - The estimated total composite materials manufacturing capacity is $108 million, excluding composite parts [18] Market Data and Key Metrics Changes - Carbon fiber supply remains tight, with inventory at historically low levels, impacting production efficiency and gross margins [26][40] - The aerospace industry is experiencing significant stress in the supply chain, affecting predictability and operational efficiency [39][51] Company Strategy and Development Direction - The company is focused on optimizing new equipment for better production capabilities and efficiency, addressing past design limitations [58] - There is a strategic emphasis on single-aisle aircraft, positioning the company well within the growing market segment [48][50] Management's Comments on Operating Environment and Future Outlook - Management acknowledged challenges in ramping production and supply chain issues but expressed confidence in the company's ability to adapt and improve processes [55] - The company is not updating its long-term forecast at this time, with plans to provide updates at the upcoming Needham conference [40] Other Important Information - The company has maintained a consistent dividend payout since 1985, reflecting strong cash flow management [6][10] - The expansion project in Newton, Kansas, is expected to provide additional manufacturing capacity but has faced delays due to regulatory approvals [11][12] Q&A Session Summary Question: Has the team designed or implemented a more repeatable process for pain points? - Management indicated that while there is no formal process, the company is learning and improving as they navigate uncharted territory in production ramping [55] Question: What will be done differently in the new facility to ease strain? - The new facility will feature equipment designed for current production needs, allowing for higher capacity and more efficient operations [57] Question: Will the slowdown in the aerospace supply chain help with supply issues? - Management expressed skepticism about short-term benefits but acknowledged potential long-term adjustments in the supply chain due to market shifts [62]

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Park Aerospace Corp. (NYSE:PKE) Q2 2020 Results Conference Call October 10, 2019 11:00 AM ET Company Participants Brian Shore - Chairman and Chief Executive Officer Matthew Farabaugh - Chief Financial Officer Conference Call Participants Christopher Hillary - Roubaix Capital, LLC Operator Good morning. My name is Shannon, and I will be your conference operator today. At this time, I would like to welcome everyone to the Park Aerospace Corp Second Quarter Fiscal Year 2020 Earnings Release Conference Call and ...