Helium shortage hits graduation and birthday parties Balloons could be harder to find thanks to a global helium shortage. Axios · May 26, 2022
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 · May 9, 2022
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 · Feb 28, 2022