PRTY Stock Recent News
PRTY LATEST HEADLINES
Summer is winding down, but things are heating up for Party City (NYSE: PRTY ). The party-supply retailer fell off the radar for many investors when it plunged more than 60% in early May 2022.
Penny stocks with unusual options activity today. The post 4 Penny Stocks To Watch With Bullish Buys From Options Traders appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
Shares of the party-themed retailer were gaining again on a short squeeze.
Here's what you need to know about buying penny stocks on August 17th The post Biggest Moving Penny Stocks Right Now? 3 to Watch Today appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
Party City Holdco Inc. (NYSE:PRTY ) Q2 2022 Earnings Conference Call August 8, 2022 8:30 AM ET Company Participants Eric Warren - Vice President, Treasurer and Head of Investor Relations Brad Weston - President and Chief Executive Officer Todd Vogensen - Executive Vice President and Chief Financial Officer Conference Call Participants William Reuter - Bank of America Merrill Lynch Joseph Feldman - Telsey Advisory Group LLC Karru Martinson - Jefferies LLC Carla Casella - JPMorgan Chase & Co. Hale Holden - Barclays Bank PLC Operator Hello, and welcome to Party City Q2 2022 Earnings Conference Call. My name is Lauren, and I will be coordinating your call today.
Party City (PRTY) delivered earnings and revenue surprises of 66.67% and 0.37%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
ELMSFORD, N.Y., July 25, 2022 (GLOBE NEWSWIRE) -- Party City Holdco Inc. (NYSE:PRTY) today announced that its second quarter 2022 financial results will be released prior to market open on Monday, August 8, 2022. The Company will host a conference call at 8:30 a.m. Eastern Time on that day to discuss the detailed financial results.
Party City shares have plunged 87% over the last year and now sit near 52-week lows. Party City previously benefited massively from the COVID-induced consumer spending boom, which saw the company return to profitability for a brief spell.
An inexpensive retailer at 3x-5x earnings on current guidance. If pre-COVID profitability can be reached, the business is extremely cheap.
Party City Holdings Inc. stock plunged more than 61% on Monday after the retailer reported an earnings miss driven by a variety of factors, including higher freight and port fees and problems with the global helium supply.