Party City (PRTY) Tops Q2 EPS by 4c

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Go back to Party City (PRTY) Tops Q2 EPS by 4c

Party City Reports Second Quarter 2022 Results and Updates 2022 Business Outlook

August 8, 2022 6:55 AM EDT

Total Net Sales of $527.4 million; Comparable Sales decreased 5.6% versus prior year and increased 12.2% versus 2019

GAAP Net Income of $162.2 million; Adjusted EBITDA of $45.8 million

ELMSFORD, N.Y., Aug. 08, 2022 (GLOBE NEWSWIRE) -- Party City Holdco Inc. (the Company or PRTY; NYSE: PRTY) today announced financial results for the quarter ended June 30, 2022.

Brad Weston, Chief Executive Officer of Party City, stated, Our second quarter topline results were largely as expected as we lapped a strong Q2 last... More