Sustainable Brand Benchmark - Party City Holdco
By CommonShare
Party City Holdco Inc is a leading designer, manufacturer and distributor of party goods. The company offers a wide range of products including metallic and latex balloons, paper and plastic tableware, Halloween and other costumes, accessories, novelties, gifts and stationery. Party City markets its products under Amscan, Anagram and Costumes USA brand names. The company operates its stores under Party City, and Halloween City banners. Party City provides online shopping, delivery and returns, coupons, order tracking and shipping services. The company sells its products through its retailers across the US, the UK, Canada, Germany, Mexico, Australia, and other countries. Party City is headquartered in Rockaway, New Jersey, the US.
The company reported revenues of (US Dollars) US$2,171.1 million for the fiscal year ended December 2021 (FY2021), an increase of 17.3% over FY2020. The operating profit of the company was US$85.7 million in FY2021, compared to an operating loss of US$877.5 million in FY2020. The net loss of the company was US$6.5 million in FY2021, compared to a net loss of US$528.2 million in FY2020.
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