Party City Holdco Priced, NYSE: PRTY

Vertically-integrated party supply retailer with 900 stores in the US and Canada.

Industry: Consumer Discretionary

Latest Trade: $14.00 0.00 (0.0%)

First Day Return: +21.8%

Return from IPO: -17.6%

Industry: Consumer Discretionary

We are the leading party goods retailer by revenue in North America and, we believe, the largest vertically integrated supplier of decorated party goods globally by revenue, with multiple levers to drive future growth across channels, products and geographies. With approximately 900 locations, we have the only coast-to-coast network of party superstores in the U.S. and Canada that make it easy and fun to enhance special occasions with a differentiated shopping experience and an unrivaled assortment of innovative and exciting merchandise offered at a compelling value. Through a series of acquisitions between 2005 and 2010, we built a powerful retail operation that captures the full manufacturing-to-retail margin on a significant portion of the products sold in our stores. We believe we are the largest global designer, manufacturer and distributor of decorated party supplies by revenue with products found in over 40,000 retail outlets worldwide, including our own stores as well as independent party supply stores, mass merchants, grocery retailers, dollar stores and others. Our category-defining retail concept, multi-channel reach, widely recognized brands, broad and deep product offering, and low-cost global sourcing model are, we believe, significant competitive advantages. We believe these characteristics position us for continued organic and acquisition-led growth and margin expansion.
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IPO News for Party City Holdco
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IPO Data
IPO File Date 01/21/2014
Offer Price $17.00
Price Range $15.00 - $17.00
Offer Shares (mm) 21.9
Deal Size ($mm) $372
IPO Data
IPO Date 04/15/2015
Offer Price $17.00
Price Range $15.00 - $17.00
Offer Shares (mm) 21.9
Deal Size ($mm) $372
Underwriters
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Company Data
Headquarters Elmsford, NY
Founded 1947
Employees 18,027
Website www.partycity.com