Party City Provides Further Update on Response to COVID-19
Party City Holdco Inc. (PRTY)
Last party city holdco inc. earnings: 3/12 06:55 am
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US:NYSE Investor Relations:
investor.partycity.com/investors/default.aspx
Company Research
Source: GlobeNewswire
ELMSFORD, N.Y., March 27, 2020 (GLOBE NEWSWIRE) -- Party City Holdco Inc. (the “Company” or “PRTY”; NYSE:PRTY) today provided a further update on its response to COVID-19. Brad Weston, CEO, stated, “We are temporarily extending our store closures as the health and safety of our team members and customers remain of paramount importance during this unprecedented time. We are also aggressively managing all expenses, working capital and capital expenditures to maintain our financial health. We appreciate the patience of our team members and customers as we work to resume full operations as soon as conditions permit.” Extending Store ClosuresThe Company announced today that it is extending the temporary store closures of its corporate owned and operated retail locations in the United States. Stores will remain closed until it is practical to reopen. The Company will continue to evaluate health conditions and will take into account available guidance provided by federal, state, and loca
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