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The Latest Breaking News from Party City Holdco Inc

3 Stocks to Sell Ahead of a Potential Recession in 2023

Fears of an impending recession have been a drag on the stock market for quite a while now. As the Fed continues to stay hawkish, a global recession seems imminent. Hence, fundamentally weak stocks Verve Therapeutics (VERV), Bed Bath & Beyond (BBBY), and Party City Holdco (PRTY) might be best…

StockNews.com

2 Retail Stocks Worth Your Attention in 2023 and 1 That's Not

The future of the retail industry looks promising owing to the rising affinity for online shopping and growing consumer spending. Therefore, we think fundamentally strong retail stocks Ulta Beauty (ULTA) and Murphy USA (MUSA) could be worth your attention in 2023. However, fundamentally weak and beaten-down stock Party City (PRTY)…

StockNews.com

1 Special Retailer Stock to Buy This Winter and 1 to Avoid

Consumers are showing resilience despite the lingering inflationary pressures. Therefore, quality special retail stock Murphy USA (MUSA) could be an ideal buy this winter. However, Party City Holdco (PRTY) might be best avoided now, considering its bleak fundamentals. Keep reading….

StockNews.com

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

Party City (PRTY) missed its consensus estimates for the 2022 third quarter while also slashing its full-year outlook amid lingering uncertainties. The stock is trading near its 52-week low of $0.72 and has lost almost 87% in 2022. However, will PRTY be able to rebound as the holiday season sets…

StockNews.com

2 Big Retail Winners This Year and 1 Loser

Retail sales remained constant in July as consumers struggled to keep up with the inflationary environment. However, the long-term prospects of the industry seem bright. Given the backdrop, retail winners Ulta Beauty (ULTA) and Build-A-Bear (BBW) could be ideal buys. But fundamentally weak Party City Holdco (PRTY) might be best…

StockNews.com

Party City Stock Beats Q2 Earnings, Should You Buy?

Party City Holdco (PRTY) reported better-than-expected earnings in the last reported quarter. Despite its better-than-expected quarterly financials, the stock’s weak fundamentals are concerning. So, should you buy the stock just based on its earnings beat? Read on to learn our view….

StockNews.com

2 Specialty Retailer Stocks to Avoid This Week

The continued supply chain disruptions and rising prices have adversely affected the retail industry, particularly specialty retailers. With the possibility of the economy entering a recession, specialty retailers are expected to be affected by declining consumer demand. Thus, it could be wise to avoid fundamentally weak specialty retail stocks Party…

StockNews.com

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Why Party City Holdco Shares Are Trading Lower Today

Party City Holdco Inc (NYSE:PRTY) reported first-quarter FY22 sales growth of 1.4% year-on-year to $432.98 million, missing the consensus of $435.80 million. Brand comparable sales increased 2.1% versus last year. Total retail sales increased 2.3%. The gross profit margin decreased 380 basis points Y/Y to 31.9%. The operating loss for the quarter was…

Benzinga

Here's Why Party City Shares Are Moving

Shares of retail and apparel companies, including Party City Holdco Inc (NYSE: PRTY), are trading higher amid overall market strength as investors react to March inflation data.

Benzinga

Party City Registers 7.7% Sales Growth In Q4; Provides Upbeat FY22 Outlook

Party City Holdco Inc (NYSE:PRTY) reported fourth-quarter FY21 sales growth of 7.7% year-on-year, to $698.31 million, beating the consensus of $697.25 million. Comparable sales increased 17.8% versus last year, driven by strength in core categories. Total retail sales increased 12.6%. The gross profit margin increased 480 basis points Y/Y to 30.8%. The operating…

Benzinga

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