Party City Holdco (PRTY) Stock Price, News & Analysis

Party City Holdco Inc. (NYSE:PRTY) announced its earnings results on Monday, November, 8th. The specialty retailer reported $0.02 EPS for the quarter, topping the consensus estimate of $0.01 by $0.01. The specialty retailer had revenue of $510.20 million for the quarter, compared to the consensus estimate of $513.90 million. Party City Holdco had a negative trailing twelve-month return on equity of 236.92% and a negative net margin of 11.90%. During the same period in the previous year, the business earned $0.10 EPS.

133 employees have rated Party City Holdco Chief Executive Officer Jim Harrison on Glassdoor.com. Jim Harrison has an approval rating of 51% among the company's employees. This puts Jim Harrison in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Party City Holdco investors own include Coty (COTY), Carnival Co. & (CCL), Bank of America (BAC), Designer Brands (DBI), Sorrento Therapeutics (SRNE), Invesco Mortgage Capital (IVR), American Airlines Group (AAL), Energy Transfer (ET), Exxon Mobil (XOM) and ADMA Biologics (ADMA).

Party City Holdco (PRTY) raised $350 million in an IPO on Thursday, April 16th 2015. The company issued 21,900,000 shares at $15.00-$17.00 per share. Goldman Sachs, BofA Merrill Lynch, Credit Suisse and Morgan Stanley acted as the underwriters for the IPO and Barclays, Deutsche Bank Securities, J.P. Morgan, William Blair, Stephens and Telsey Advisory Group were co-managers.