Party City (PRTY) Misses Q3 EPS by $1.46

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

November 8, 2022 6:55 AM EST

Total Net Sales of $502.2 million down 1.6% versus last year; Comparable Sales decreased 3.2% versus prior year and increased 11.2% versus 2019

October Retail sales of $390.5 million; Comparable Sales approximately flat versus 2021

WOODCLIFF LAKE, N.J., Nov. 08, 2022 (GLOBE NEWSWIRE) --  Party City Holdco Inc. (the Company or PRTY; NYSE: PRTY) today announced financial results for the quarter ended September 30, 2022.

Brad Weston, Chief Executive Officer, stated, We delivered third quarter results that were broadly in line with our expectations against a macro... More