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-0.00611246943765268 -0.00488997555012215 0.0158924205378974 -0.00244498777506107 0.00672371638141828 0.0134474327628363 -0.0146699266503667 -0.0220048899755501
Stock impact report

Party City matches profit expectations, secures new helium source and closing 45 stores [MarketWatch]

Party City Holdco Inc. (PRTY) 
Last party city holdco inc. earnings: 3/12 06:55 am Check Earnings Report
Company Research Source: MarketWatch
Party City matches profit expectations, secures new helium source and closing 45 stores Shares of Party City Holdco Inc. PRTY, +11.25% were indicated up over 1% in premarket trade Thursday, after the party goods retailer matched first-quarter adjusted profit expectations, said it signed a letter of agreement for a new source of helium and said it was closing about 45 stores. The net loss for the quarter was $26.6 million, or 32 cents a share, after earnings of $4.1 million, or a loss of 1 cent a share, in the year-ago period. Excluding non-recurring items, such as costs for its "store-optimization program," adjusted EPS fell to 1 cent from 7 cents, matching the FactSet consensus of 1 cent. Revenue rose to $513.1 million from $507.8 million, missing the FactSet consensus of $522.6 million, and the same-store sales decline of 1.4% missed expectations of a 1.3% decline. The company expects 2019 adjusted EPS of $1.61 to $1.72, surrounding the FactSet consensus of $1.65. The planned sto Show less Read more
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