Party City (PRTY) Reports In-Line Q1 EPS, Revenues Miss; Offers FY19 EPS/Revenue Guidance

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Party City Announces First Quarter 2019 Financial Results and Updates Helium Availability Status

May 9, 2019 7:00 AM EDT

Updates GAAP EPS Outlook to Reflect Approximately 45 Planned Store Closings;Reiterates Full Year Revenue, Brand Comparable Sales, Adjusted EBITDA and Adjusted EPS Outlook

ELMSFORD, N.Y., May 09, 2019 (GLOBE NEWSWIRE) -- Party City Holdco Inc. (NYSE: PRTY) today announced financial results for the first quarter ended March 31, 2019.

James M. Harrison, Chief Executive Officer, stated, Overall, our first quarter results were largely in line with our expectations on the top and bottom lines, inclusive of the helium shortage, which negatively... More