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Dipanjan Banchur

Party City Stock Beats Q2 Earnings, Should You Buy?

PRTY Dipanjan BanchurSince TA Party City Holdco Inc Specialty Retailers

Party City Holdco Inc. (PRTY) designs, manufactures, sources, and distributes party goods worldwide. The company operates through two segments, Retail and Wholesale. It offers paper and plastic tableware, metallic and latex balloons, Halloween and other costumes, accessories, novelties, gifts, and stationery.

PRTY’s $0.10 EPS in the second quarter surpassed the consensus estimate by 66.7%. However, the company’s revenue of $527.45 million came in marginally lower than the $529.40 million estimate.

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