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StockNews.com
StockNews.com
Business
Riddhima Chakraborty

Is Party City Stock a Buy Ahead of the Holiday Boom?

PRTY Party City Holdco Inc Specialty Retailers

Party goods provider Party City Holdco Inc. (PRTY) dramatically missed its consensus estimates for the 2022 third quarter. It missed revenue estimates by 2.5% and its EPS by a substantial margin.

According to a survey by the National Retail Federation and Prosper Insights & Analytics, around 166.30 million people are estimated to shop during the 2022 Thanksgiving holidays.

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