- Party City press release ( NYSE: PRTY ): Q2 Non-GAAP EPS of $0.10 beats by $0.04 .
- Revenue of $527.45M (-1.5% Y/Y) misses by $1.95M .
- FY2022 Outlook : Net sales of $2.150B to $2.225B or a change of approximately -1% to 2% versus 2021 vs. consensus of $2.24B; Brand comp sales decrease of approximately -4% to -1%; GAAP net loss of approximately $36M to $10M; Adjusted EBITDA of approximately $170M to $200M; 85 to 100 new Next Generation stores, with a combination of new openings and remodels; Capital Expenditures of approximately $95M to $105M or $65M to $75M net of tenant improvement allowances.
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Party City Non-GAAP EPS of $0.10 beats by $0.04, revenue of $527.45M misses by $1.95M