Party City Reports First Quarter 2021 Results and Provides Q2 2021 Business Outlook
Total Sales increased 3.1% versus prior year; Comparable Sales Increased 35.9% versus prior year and 0.4% versus Q1 2019 GAAP Net Loss per Share of $0.13 versus a Net Loss of $5.80 in Q1 2020; Adjusted EBITDA of $32.4 million vs $11.9 million in Q1 2020 Cash from Operations Improved $25.2 million versus Q1 2020 ELMSFORD, N.Y., May 10, 2021 (GLOBE NEWSWIRE) -- Party City Holdco Inc. ((the "Company" or "PRTY", NYSE:PRTY) today announced financial results for the quarter ended March 31, 2021. Brad Weston, Chief Executive Officer of Party City, stated, "We delivered continued strong core category performance and better than expected results in seasonal categories in the first quarter, fuel
