Party City (PRTY) Tops Q4 EPS by 2c; Guides In-Line
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Party City Announces Fourth Quarter and Full Year 2016 Results
March 9, 2017 7:00 AM ESTELMSFORD, N.Y.--(BUSINESS WIRE)-- Party City Holdco Inc. (NYSE: PRTY) today announced financial results for the quarter and year ended December 31, 2016.
James M. Harrison, Chief Executive Officer, stated: Our performance in 2016 demonstrates the resiliency of our business, the repeat purchase nature of our Everyday product categories, and the strength of our unique vertical model. Despite an unfavorable calendar shift affecting Halloween, our most important holiday, we were able to deliver our 7th straight year of record revenues in constant currency as a result of our diversified revenue model that reaches across... More
