Party City (PRTY) Tops Q2 EPS by 1c, Revenues Miss; Offers FY18 EPS/Revenue Outlook
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Party City Announces Second Quarter 2018 Financial Results
August 9, 2018 7:00 AM EDTELMSFORD, N.Y., Aug. 09, 2018 (GLOBE NEWSWIRE) -- Party City Holdco Inc. (NYSE: PRTY) today announced financial results for the second quarter ended June 30, 2018.
James M. Harrison, Chief Executive Officer, stated, I am pleased with the solid second quarter results that were in-line with our expectations on both the top and bottom line. In the quarter, we delivered 3% topline growth, grew income from operations by almost 8% and increased Adjusted EPS 43%. These results again demonstrate the strength of our vertical model, the continued benefit of our cost discipline and productivity initiatives... More
