Party City Provides 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
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Source: GlobeNewswire
ELMSFORD, N.Y., March 18, 2020 (GLOBE NEWSWIRE) -- Party City Holdco Inc. (the “Company” or “PRTY”; NYSE:PRTY) today announced it will temporarily close its corporate owned and operated retail locations in the United States effective immediately, in an effort to help contain the spread of COVID-19 and align with the evolving guidance from federal and local health officials. The Company currently expects these stores to remain closed through March 31, 2020, but we will continue to assess the COVID-19 epidemic. To further prioritize the health and safety of its employees, Party City has also implemented a work from home schedule for corporate office personnel through April 3, 2020. Brad Weston, CEO, commented, “As always, the well-being of our team members, customers and their communities remain of utmost importance to us. As a result of recent COVID-19 developments, we decided to close our corporate owned retail locations throughout the United States. We will continue to monitor th
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