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Party City Holdco (Party City Holdco) Net Income : $-257 Mil (TTM As of Sep. 2022)


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What is Party City Holdco Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Party City Holdco's Net Income for the three months ended in Sep. 2022 was $-373 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2022 was $-257 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Party City Holdco's Earnings per Share (Diluted) for the three months ended in Sep. 2022 was $-3.29.


Party City Holdco Net Income Historical Data

The historical data trend for Party City Holdco's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Party City Holdco Net Income Chart

Party City Holdco Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 215.34 122.85 -532.50 -528.24 -6.53

Party City Holdco Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.79 -19.49 -26.89 162.17 -372.99

Party City Holdco Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Party City Holdco's Net Income for the fiscal year that ended in Dec. 2021 is calculated as

Net Income(A: Dec. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.874+-5.708+0+0.054
=-7

Party City Holdco's Net Income for the quarter that ended in Sep. 2022 is calculated as

Net Income(Q: Sep. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-178.121+-194.871+0+0
=-373

Net Income for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-257 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Party City Holdco  (OTCPK:PRTYQ) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Party City Holdco's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2022 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Party City Holdco Net Income Related Terms

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Party City Holdco (Party City Holdco) Business Description

Traded in Other Exchanges
N/A
Address
80 Grasslands Road, Elmsford, NY, USA, 10523
Party City Holdco Inc is a party goods retailer in North America that operates owned and franchised locations in the us, Canada, and Puerto Rico. Party City also sells internationally in countries like the UK, France, Germany, and Australia, among others. The company has two primary reporting segments: retail and wholesale. The retail operations sell through Anagram, Amscan, Designware, Costumes USA, and other party suppliers, such as Party City, Halloween City, and PartyCity.com. The wholesale segment sells party goods such as paper and plastic tableware, accessories and novelties, balloons, stationery, and gift items for all occasions. These products are sold by franchise stores, mass merchants, independent card and gift shops, dollar stores, and other retailers and global distributors.
Executives
Clifford Sosin 10 percent owner 8 WRIGHT STREET, 1ST FL, WESTPORT CT 06880
John Capela officer: See Remarks 779 HIGHLAND AVENUE, PARAMUS NJ 07652
Peter Royer Smith officer: Chief Operations Officer 3438 PEACHTREE ROAD NE, SUITE 1800, ATLANTA GA 30326
De Mesa Graziano Cheryl officer: Chief Accounting Officer 80 GRASSLANDS ROAD, ELMSFORD NY 10523
Steven J Collins director 29 VINTON STREET, #5, BOSTON MA 02127
William S. Creekmuir director SIX CONCOURSE PARKWAY, SUITE 3300-A, ATLANTA GA 30328
John Frascotti director C/O HASBRO, INC. 1011 NEWPORT AVENUE, PAWTUCKET RI 02862
Shroff Michelle Millstone director C/O PARTY CITY HOLDCO INC., 80 GRASSLANDS ROAD, ELMSFORD NY 10523
James M Harrison director GOLDMAN, SACHS & CO., 85 BROAD ST, NEW YORK NY 10004
Reginald Rasch officer: See Remarks 80 GRASSLANDS ROAD, ELMSFORD NY 10523
Sean Thompson officer: See Remarks 80 GRASSLANDS ROAD, ELMSFORD NY 10523
Sarah Dodds-brown director 80 GRASSLANDS ROAD, ELMSFORD NY 10523
Jennifer Fleiss director 80 GRASSLANDS ROAD, ELMSFORD NY 10523
Joel Alsfine director 2905 PREMIERE PARKWAY, SUITE 300, DULUTH GA 30097
Norman S Matthews director 650 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022

Party City Holdco (Party City Holdco) Headlines

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