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Party City Holdco Inc (PRTY.N)

PRTY.N on New York Stock Exchange

15.20USD
16 Feb 2018
Change (% chg)

$0.10 (+0.66%)
Prev Close
$15.10
Open
$15.05
Day's High
$15.35
Day's Low
$15.00
Volume
96,279
Avg. Vol
156,875
52-wk High
$16.95
52-wk Low
$9.55

Latest Key Developments (Source: Significant Developments)

Party City Announces Repurchase Of Common Stock
Friday, 22 Dec 2017 07:30am EST 

Dec 22 (Reuters) - Party City Holdco Inc ::PARTY CITY ANNOUNCES REPURCHASE OF COMMON STOCK.PARTY CITY HOLDCO INC - PURCHASE OF 19.8 MILLION SHARES OF COMMON STOCK FOR $242 MILLION FROM ADVENT-PARTY CITY ACQUISITION LIMITED PARTNERSHIP​.PARTY CITY HOLDCO INC - INTENDS TO FUND SHARE REPURCHASE WITH BORROWINGS UNDER ITS REVOLVING CREDIT FACILITY.  Full Article

Party City Acquires Party Galaxy For About $5.5 Mln
Tuesday, 19 Dec 2017 07:00am EST 

Dec 19 (Reuters) - Party City Holdco Inc ::PARTY CITY ACQUIRES PARTY GALAXY.PARTY CITY ACQUIRES PARTY GALAXY.PARTY CITY HOLDCO INC - ‍ENTERED INTO AN AGREEMENT TO ACQUIRE MG NOVELTY CORPORATION FOR APPROXIMATELY $5.5 MILLION​.PARTY CITY HOLDCO INC - DEAL FOR ‍APPROXIMATELY $5.5 MILLION​.PARTY CITY HOLDCO INC - "THIS IMMEDIATELY ACCRETIVE ACQUISITION PROVIDES US OPPORTUNITY TO ENTER NEW MARKET OF OKLAHOMA CITY".  Full Article

Party City Holdco reports Q3 adjusted EPS of $0.13
Thursday, 9 Nov 2017 07:00am EST 

Nov 9 (Reuters) - Party City Holdco Inc ::Announces third quarter 2017 financial results; reports total revenue, retail and wholesale sales and brand comparable sales for fiscal October 2017.Q3 adjusted earnings per share $0.13.Q3 GAAP earnings per share $0.08.Q3 revenue $560.1 million versus I/B/E/S view $587.8 million.Sees FY 2017 adjusted earnings per share $1.21 to $1.25.Sees FY 2017 GAAP earnings per share $1.00 to $1.04.Sees FY 2017 revenue $2.36 billion to $2.39 billion.Q3 earnings per share view $0.13 -- Thomson Reuters I/B/E/S.Qtrly ‍brand comparable sales, adjusted for approximate 140 basis points negative impact of hurricanes, decreased 1.2 percent.Expects FY17 ‍adjusted diluted EPS of $1.21 to $1.25​.For FY17 expects ‍GAAP diluted EPS of $1.00 to $1.04​.Q3 earnings per share view $0.13, revenue view $587.8 million -- Thomson Reuters I/B/E/S.  Full Article

Party City Q2 earnings per share $0.21
Wednesday, 2 Aug 2017 07:00am EDT 

Aug 2 (Reuters) - Party City Holdco Inc :Party City announces second quarter 2017 results.Q2 adjusted earnings per share $0.28.Q2 earnings per share $0.21.Q2 earnings per share view $0.26 -- Thomson Reuters I/B/E/S.Sees FY 2017 adjusted earnings per share $1.23 to $1.30.Sees FY 2017 GAAP earnings per share $1.02 to $1.10.Sees FY 2017 revenue $2.35 billion to $2.45 billion.Q2 revenue $544.9 million versus I/B/E/S view $545.8 million.FY2017 earnings per share view $1.27, revenue view $2.40 billion -- Thomson Reuters I/B/E/S.Sees 2017 brand comparable sales growth of approximately 1.0%.  Full Article

Party City reports Q1 loss per share of $0.04
Tuesday, 9 May 2017 07:00am EDT 

May 9 (Reuters) - Party City Holdco Inc :Party city announces first quarter 2017 results.Q1 adjusted earnings per share $0.05.Q1 loss per share $0.04.Sees FY 2017 adjusted earnings per share $1.23 to $1.30.Sees FY 2017 revenue $2.35 billion to $2.45 billion.Q1 revenue $477 million versus I/B/E/S view $477.4 million.Sees FY brand comparable sales growth of 1 pct - 1.5 pct.Q1 earnings per share view $0.04 -- Thomson Reuters I/B/E/S.Sees FY GAAP diluted EPS of $1.02 to $1.10.  Full Article

Party City announces the acquisition of 18 franchise stores in the Carolinas
Thursday, 16 Mar 2017 08:00am EDT 

Party City Holdco Inc : Party city announces the acquisition of 18 franchise stores in the Carolinas . Purchase price of $31 million .Entered into an agreement to acquire a master franchise group representing 18 franchise stores in North Carolina and South Carolina.  Full Article

Party City Q4 adjusted earnings per share $0.76
Thursday, 9 Mar 2017 07:00am EST 

Party City Holdco Inc : Party city announces fourth quarter and full year 2016 results . Q4 adjusted earnings per share $0.76 . Q4 earnings per share $0.71 . Brand comparable sales decreased 3.5% in q4 of 2016 . Sees fy 2017 adjusted earnings per share $1.23 to $1.30 . Sees fy 2017 gaap earnings per share $1.05 to $1.14 . Sees fy 2017 revenue $2.35 billion to $2.45 billion . Q4 revenue $749 million versus i/b/e/s view $760.5 million . Q4 earnings per share view $0.74 -- Thomson Reuters I/B/E/S . Sees 2017 brand comparable sales growth of 1% - 1.5% .Fy2017 earnings per share view $1.29, revenue view $2.41 billion -- Thomson Reuters I/B/E/S.  Full Article

Party City Holdco announces acquisition of Granmark
Tuesday, 7 Mar 2017 02:44pm EST 

Party City Holdco Inc : Party City announces the acquisition of Granmark . Party City purchased an 85% interest in Granmark valued at approximately $22 million .As per agreement, co to purchase remaining interest over next three to five years.  Full Article

Party City Holdco says Roy Jones V. Party City Holdco lawsuit has been dismissed
Monday, 6 Feb 2017 02:09pm EST 

Party City Holdco Inc : Party City Holdco Inc says Roy Jones V. Party City Holdco lawsuit has been dismissed by U.S. District court in Southern District Of New York .Party City Holdco Inc - on Feb 1, court dismissed case against all of defendants for failure to state claim upon which relief may be granted.  Full Article

Party City wins dismissal of lawsuit related to 2015 IPO, impact of 'Frozen'
Wednesday, 1 Feb 2017 01:57pm EST 

Party City Holdco : Wins dismissal of shareholder lawsuit related to 2015 ipo -court ruling . U.S. District judge lewis kaplan in manhattan also dismisses claims against thomas h lee partners, advent international, several bank underwriters . U.S. District judge lewis kaplan in manhattan also dismisses claims against thomas h lee partners, advent international, several bank underwriters . Lawsuit alleged that party city concealed how its licensing revenue from disney film "frozen" was a one-time "phenomenon" that could not be replicated . Judge says plaintiffs failed to show "frozen" was material to party city business, or that company concealed information from or misled them about it Further company coverage: [PRTY.N].  Full Article

Court rules to exempt CLOs from Dodd-Frank risk-retention rules

NEW YORK A US court ruled on Friday that a key lender to some of the largest companies should be exempt from a Dodd-Frank financial reform legislation requirement that investment firms hold some of their funds' risk.