Parks! America Inc

Good afternoon, everyone. Welcome to Parks America's second quarter fiscal year 2026 earnings call. My name is Doug Jaffe, and I will be your operator for today's call. Today's call is being webcast and recorded. Before we begin, I'd like to remind everyone that our comments today will contain forward-looking statements within the meaning of the federal securities laws. These statements may involve risks and uncertainties that could cause actual results to differ from those forward-looking statements. For a more detailed discussion of those risks, you may refer to the company's filings with the Securities and Exchange Commission. In addition, we may reference non-GAAP financial measures and other financial metrics on the call. More information regarding our forward-looking statements and reconciliation of non-GAAP measures to the most comparable GAAP measure is included in our Form 10-Q. Yesterday, we filed our quarterly earnings release and our 10-Q with the SEC. In our quarterly earnings release, you will find summary information related to our segment financial results. We encourage all of our shareholders to read our complete 10-Q. In a few moments, I'll turn the call over to our president, Jeff Gannon, for opening remarks. Then we will respond to questions previously submitted via email, after which we will take any follow-up questions from live participants on today's call. For those who would like to ask a follow-up question, you can use the raise hand feature on the bottom of your screen at any time to indicate you have a question. When you are called on to ask a question, your line will be unmuted. When you are finished asking a question, please state that you have no further questions and your line will be muted afterwards. We will take as many questions as possible within a 30-minute window. That concludes my instructions. Now I turn the call over to Jeff Dannen for opening remarks.

Thank you. I thought I would start by just explaining some of the Results are mainly having to do with changes in the macro environment that we've seen since the start of the Iran war. The results that you see are for our quarter that ended in March, and all of the positive results that you see there in terms of increases in sales year over year were really achieved in January and February, and essentially none of them were achieved in March. March is a much larger month for us than January or February, and so you have blended in there very good results for January and February, more consistent with the results we've seen at several of the parks over much of the off-season, which for us is basically like October to February. And then the start of our season is in March. And starting in that, we've seen a real change in terms of the macro environment. That's very clear. Our average household probably makes about $50,000 or so. It's a more rural household. And I'm sure you've heard about the kind of buzzword of a K-shaped economy, they're often talking there about $125,000-plus is doing really well. $50,000 is not doing so well. And the increase that we've seen in gas prices, I mean, that adds up each month to about what it costs to go to our park in terms of what that cuts into discretionary spending for the kind of households that come to us. It's very clear that since we saw a change in gas prices, and you've seen some numbers of consumer confidence reflecting this, that we have a major change starting in March. I have no idea how long that change will persist for, but since I've been here about two years, I've said that where you've seen positive results, they're entirely park-driven because they're specific to the parks and there's no macro tailwind. I would say now there's a significant macro headwind, and that started in March. And that's really it for comments on that, but just that the results that you see are not broken out by months, but the strong ones were January and February, and March was not a strong one.

Okay, terrific. So, Jeff, we have a couple of questions here, a number that were presented to us by a shareholder by the name of TJ. The first one that he has for us is, can you provide any updates about hiring market directors for each park?