PRTY - Party City Holdco Inc.
| Previous Close | 0.5788 |
| Open | 0.5500 |
| Bid | 0.4949 x 900 |
| Ask | 0.4989 x 800 |
| Day's Range | 0.4670 - 0.5700 |
| 52 Week Range | 0.2600 - 8.6500 |
| Volume | 2,014,789 |
| Avg. Volume | 3,648,443 |
| Market Cap | 46.953M |
| Beta (5Y Monthly) | 1.38 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -5.7100 |
| Earnings Date | May 06, 2020 - May 10, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 2.25 |
- Bloomberg
Debt-Laden Party City Taps Restructuring Firm After Sales Plunge
(Bloomberg) -- Party City Holdco Inc. has hired restructuring experts from AlixPartners LLP for advice on reworking its approximately $2 billion debt load as social distancing scraps celebrations, according to people with knowledge of the matter.The chain has also been interviewing investment bankers to help it prepare for a potential restructuring, said the people, who asked not to be named discussing private negotiations.Party City was already struggling after poor Halloween sales and last year’s helium shortage, which cut into balloon sales. But the shutdown of most commerce over a vast swath of the country, not to mention prohibitions against gatherings, has made its situation even more critical. The company said Friday it has suspended its 2020 guidance and extended its store closures.A representative for Elmsford, New York-based Party City didn’t respond to a request for comment, while AlixPartners declined to comment.The chain found a niche when it first opened in 1986, with its vast repositories of disco balls, streamers and Santa hats. But it has since faced competition not only from online merchants but from giants like Target Corp. and Amazon.com Inc.A sharp quarterly loss for the period ending Sept. 30 punctured Party City’s stock and sent its bonds to deeply distressed levels.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- MarketWatch
Party City extends store closures until further notice, draws down $150 million from revolving credit facility
Party City Holdco Inc. said Friday that its corporate-owned stores will remain closed until further notice. The company has also drawn down $150 million from its $640 million revolving credit facility. Party City has withdrawn the fiscal 2020 guidance provided March 12, when it announced fiscal fourth-quarter earnings. Party City stock has lost nearly 93% of its value over the last year. The S&P 500 index is down 6.3% for the period.
- GlobeNewswire
Party City Provides Further Update on Response to COVID-19
Party City Holdco Inc. (the “Company” or “PRTY”; NYSE:PRTY) today provided a further update on its response to COVID-19. The Company announced today that it is extending the temporary store closures of its corporate owned and operated retail locations in the United States. The Company will continue to evaluate health conditions and will take into account available guidance provided by federal, state, and local government officials when making decisions to reopen stores.
- GlobeNewswire
Party City Provides Update on Response to COVID-19
ELMSFORD, N.Y., March 18, 2020 -- Party City Holdco Inc. (the “Company” or “PRTY”; NYSE:PRTY) today announced it will temporarily close its corporate owned and operated retail.
- Thomson Reuters StreetEvents
Edited Transcript of PRTY earnings conference call or presentation 12-Mar-20 12:00pm GMT
Q4 2019 Party City Holdco Inc Earnings Call
- Simply Wall St.
What Kind Of Share Price Volatility Should You Expect For Party City Holdco Inc. (NYSE:PRTY)?
If you own shares in Party City Holdco Inc. (NYSE:PRTY) then it's worth thinking about how it contributes to the...
- Benzinga
Party City Holdco: Q4 Earnings Insights
Party City Holdco (NYSE:PRTY) reported Q4 results.Quarterly Results • Earnings per share fell 52.78% over the past year to $0.51, which may not compare to the estimate of $0.88.• Revenue of $731,551,000 less by 9.20% year over year, which missed the estimate of $748,820,000.Looking Ahead • Q1 EPS expected to be between $0.50 and $1.03.How To Listen To The Conference Call • Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.partycity.com%2Finvestors%2Fdefault.aspx&eventid=2151076&sessionid=1&key=80061C259A43B94EC1ADCA6B77225C9D®Tag=&sourcepage=registerRecent Stock Performance • 52-week high was at $9.05View more earnings on PRTY• 52-week low: $1.01• Price action over last quarter: Up 75.21%Company Overview Party City Holdco Inc is a party goods retailer in North America that operates owned and franchised locations in the US, Canada, and Puerto Rico. Party City also sells internationally in countries like the UK, France, Germany, and Australia, among others. The company has two primary reporting segments: retail and wholesale. The retail operations sell through Anagram, Amscan, Designware, Costumes USA, and other party suppliers, such as Party City, Halloween City, and PartyCity.com. The wholesale segment sells party goods such as paper and plastic tableware, accessories and novelties, balloons, stationery, and gift items for all occasions. These products are sold by franchise stores, mass merchants, independent card and gift shops, dollar stores, and other retailers and global distributors.See more from Benzinga * Morning Market Stats In 5 Minutes * Q4 Earnings Preview: Party City Holdco(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- MarketWatch
Party City shares plummet 30% after earnings miss, new CEO named
Party City Holdco Inc. shares plummeted 30.5% in Thursday premarket trading after the retailer reported fourth-quarter earnings and sales that missed expectations and announced that its chief executive is stepping down. Net loss totaled $501.2 million, or $2.88 per share, after income of $88.5 million, or $1.02 per share, last year. Adjusted EPS was 51 cents per share, well below the FactSet consensus of 88 cents per share. Revenue of $731.6 million was down from $805.6 million and missed the $749.0 million FactSet guidance. Same-store sales fell 5.1% versus the FactSet consensus for a 4.9% decline. Party City closed 35 Party City locations in fiscal 2019 and, after the year end, closed another 20 stores. Brad Weston will succeed Chief Executive Jim Harrison, who will become vice chairman, effective April 1, 2020. Weston was chief executive of Petco until July 2019. For fiscal 2020, Party City expects revenue to be down in the mid-single digit percentage range, same-store sales to be down in the low-single-digit percentage range, EPS of 41 cents to 48 cents and adjusted EPS of 50 cents to 68 cents. The FactSet guidance is for revenue of $2.35 billion, implying a 0.2% increase, same-store sales growth of 0.3%, and EPS of $1.03. Party City stock has lost 88% of its value in the last year while the S&P 500 index is down 1.8% for the period.
- GlobeNewswire
Party City Announces Fourth Quarter and Full Year 2019 Financial Results
ELMSFORD, N.Y., March 12, 2020 -- Party City Holdco Inc. (the “Company” or “PRTY”; NYSE:PRTY) today announced financial results for the quarter and year ended December 31,.
- Benzinga
Q4 Earnings Preview: Party City Holdco
Party City Holdco (NYSE: PRTY) unveils its next round of earnings this Thursday, March 12. Get prepared with Benzinga's ultimate preview for Party City's Q4 earnings.Earnings and Revenue Party City EPS will likely be near 88 cents while revenue will be around $748.82 million, according to analysts.In the same quarter last year, Party City reported earnings per share of $1.08 on sales of $805.63 million. The Wall Street consensus estimate for earnings would represent a 18.52% decrease for the company. Sales would be down 7.05% on a year-over-year basis. Party City's reported EPS has stacked up against analyst estimates in the past like this:View more earnings on PRTY Quarter Q3 2019 Q2 2019 Q1 2019 Q4 2018 EPS Estimate 0.010 0.360 0.010 1.09 EPS Actual -0.280 0.220 0.010 1.08 Stock Performance Over the past 52-week period, shares of Party City have declined 83.7%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The popular rating by analysts on Party City stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.Conference Call Party City is scheduled to hold a conference call at 8:00 a.m. ET and it can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.partycity.com%2Finvestors%2Fdefault.aspx&eventid=2151076&sessionid=1&key=80061C259A43B94EC1ADCA6B77225C9D®Tag=&sourcepage=registerSee more from Benzinga * Q4 Earnings Preview: Dollar General * Vera Bradley: Q4 Earnings Insights * Build-A-Bear Workshop: Q4 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- GlobeNewswire
Party City to Report Fourth Quarter and Full Year 2019 Financial Results on March 12, 2020
ELMSFORD, N.Y., Feb. 27, 2020 -- Party City Holdco Inc. (NYSE:PRTY) today announced that its fourth quarter and full year 2019 financial results will be released prior to.
ACCESSWIRE2018 INVESTOR ALERT: The Schall Law Firm Announces it is Investigating Claims Against Party City Holdco Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / February 18, 2020 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Party City Holdco ...
- ACCESSWIRE
2018 Shareholder Alert: The Schall Law Firm Announces it is Investigating Claims Against Party City Holdco Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / February 11, 2020 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Party City Holdco ...
- ACCESSWIRE
ONGOING INVESTIGATION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Party City Holdco Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / February 10, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Party City Holdco Inc. ("Party City" or "the Company") (NYSE:PRTY) for violations of the securities laws. The investigation focuses on whether Party City issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
- ACCESSWIRE
IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces it is Investigating Claims Against Party City Holdco Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / February 4, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Party City Holdco Inc. ("Party City" or "the Company") (NYSE:PRTY) for violations of the securities laws. The investigation focuses on whether Party City issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
- Zacks
Party City Holdco Enters Overbought Territory: Is A Drop Coming?
Party City Holdco has moved higher as of late, but there could definitely be trouble on the horizon for this company.
- Simply Wall St.
Are Insiders Buying Party City Holdco Inc. (NYSE:PRTY) Stock?
It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...
- GlobeNewswire
Party City Announces Appointment of Todd Vogensen as Chief Financial Officer
Party City Holdco Inc. (PRTY) today announced that Todd Vogensen has been appointed as Chief Financial Officer of Party City Holdco Inc. (“PCHI”), effective February 3, 2020. Mr. Vogensen brings nearly three decades of financial management expertise to the executive team, having played a pivotal role in strategically growing multiple U.S. public consumer companies. In his new role at Party City Holdco Inc., Mr. Vogensen will report directly to James M. Harrison, Chief Executive Officer of PCHI, and will oversee all aspects of finance, business development and investor relations while helping to develop and execute the Company's multi-channel growth strategy.
- GlobeNewswire
Party City Announces Participation in the 2020 ICR Conference
ELMSFORD, N.Y., Jan. 07, 2020 -- Party City Holdco Inc. (NYSE: PRTY) today announced that the Company is scheduled to present at the 2020 ICR Conference in Orlando, Florida, on.
- Zacks
Implied Volatility Surging for Party City (PRTY) Stock Options
Investors need to pay close attention to Party City (PRTY) stock based on the movements in the options market lately.
- Zacks
Is the Options Market Predicting a Spike in Party City (PRTY) Stock?
Investors need to pay close attention to Party City (PRTY) stock based on the movements in the options market lately.
- Insider Monkey
Is Party City Holdco Inc (PRTY) A Good Stock To Buy?
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts, usually don't make them change their opinion towards a company. This time it may be different. During the fourth quarter of 2018 we observed increased volatility and a 20% drop in […]
- Thomson Reuters StreetEvents
Edited Transcript of PRTY earnings conference call or presentation 7-Nov-19 1:00pm GMT
Q3 2019 Party City Holdco Inc Earnings Call
