On Thursday, Shares of Party City Holdco Inc. (NYSE:PRTY), lost -5.88% to $17.78, hitting its lowest level.
Party City Holdco declared financial results for the quarter ended June 30, 2015.
Highlights for the quarter ended June 30, 2015:
Total revenues of $495.5 million raised by 0.8% contrast to the second quarter of fiscal 2014.
- Brand comparable sales raised by 1.2% and were influenced by the shift of the Easter selling season into the first quarter, which reduced our brand comparable sales growth by about 150 basis points, in addition to lighter traffic in June.
- Retail sales raised 2.3% to $350.5 million fueled in part by the enhance in same store sales in addition to 20 net new stores added in the past twelve months.
- Net third-party wholesale revenues (counting sales to our Party City franchise stores) reduced 2.8% to $140.7 million due to negative foreign currency impacts and the elimination of U.S. Balloon intercompany sales, partially offset by enhances across several product categories and higher international sales.
Party City Holdco Inc. designs, manufactures, and distributes party goods for theme parties, holiday parties, weddings, and baby showers.
Shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO), declined -18.25% to $15.01, during its last trading session, hitting its lowest level.
El Pollo Loco Holdings declared financial results for the 13-week period ended July 1, 2015.
Highlights for the second quarter ended July 1, 2015, contrast to the second quarter ended June 25, 2014 was as follows:
- Total revenue raised to $89.5 million contrast to $86.9 million.
- System-wide comparable restaurant sales grew 1.3%, counting a 0.5% decrease for company-operated restaurants, and a 2.6% enhance for franchised restaurants.
- Net income was $7.2 million, or $0.18 per diluted share, contrast to net income of $6.6 million, or $0.22 per diluted share.
- Pro forma net income raised 21.4% to $7.4 million, or $0.19 per diluted share, contrast to $6.1 million, or $0.16 per diluted share.
- Adjusted EBITDA raised 2.6% to $17.0 million.
El Pollo Loco Holdings, Inc., through its partner, El Pollo Loco, Inc., develops, franchises, licenses, and operates quick-service restaurants under the El Pollo Loco name in the United States.
Finally, Nordstrom Inc. (NYSE:JWN), ended its last trade with 3.38% gain, and closed at $77.45.
Nordstrom stated earnings per diluted share of $1.09 for the second quarter ended August 1, 2015. This comprised of an enhance in earnings per diluted share of $0.16, which primarily represented the reclassification of receivables as “held for sale” associated with the pending credit card transaction.
The Company’s second quarter performance, which was in-line with Company expectations, reflected the execution of its customer strategy and continued top-line strength fueled by its growth investments. Total Company net sales raised 9.2 percent, marking the fourth successive quarter of high-single-digit growth. The Company’s planned growth investments, counting its entry into Canada, the acquisition of Trunk Club and launch of Nordstromrack.com, drove over one-third of the total sales growth in the second quarter.
Total Company comparable sales raised 4.9 percent, contrast with the same period last year, reflecting consistent trends over the past year. In addition, the Anniversary Sale, which is the Company’s largest event of the year, achieved Company expectations.
Nordstrom, Inc., a fashion specialty retailer, offers apparel, shoes, cosmetics, and accessories for men, women, and children in the United States and Canada. It operates through two segments, Retail and Credit.
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