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Home > Company Index > Specialty Retail > Miscellaneous Retail > Party City Corporation

Party City Corporation
OTC: PCTY
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 PROFILE
Party City believes you should party hearty, and it's got everything you need to do so. The company, the US's #1 party goods chain, has more than 400 company-owned and franchised stores, mostly in the US. Party City sells party supplies for birthday parties, weddings and bridal showers, baby showers, and a slew of seasonal events that rival Hallmark (one of its chief competitors). Party City blames rapid growth and employee turnover for accounting problems that led to charges of fiscal impropriety and its 1999 delisting from Nasdaq. After trading OTC, it resumed trading on the Nasdaq in summer 2001. Departures from the company's executive ranks have included founder Steven Mandell and several SVPs.

 COMPETITION
Factory Card Outlet Corp. (FCPYQ)
Hallmark Cards, Inc. (dossier)
Paper Warehouse, Inc. (PWHS)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 363.40
Employees: 4,580
Revenue per employee: $79,344.98

 KEY PEOPLE
• James Shea
    CEO
• Thomas E. Larson
    CFO

 CONTACT INFO
400 Commons Way
Rockaway, NJ 07866
US
Phone: 973-983-0888
Fax: 973-983-1333
Online: Web Site

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