/biz/ - Business & Finance

https://www.retaildive.com/news/halloween-spending-surpasses-2021-levels/632229/
>Halloween spending to surpass 2021 levels: NRF
>The NRF predicts that consumers will spend $10.6 billion on Halloween this year, up from $10.1 billion last year.
>Spending on costumes, decorations and candy is expected to reach record levels. Costumes will make up the largest category of spending, with kids and adult costumes projected to hit $2.9 billion, the highest total since 2017. Pet spending is also expected to surpass 2021’s record high sales, hitting $710 million.
>This year’s Halloween could more closely resemble those that occurred before the COVID-19 pandemic, with participation in the holiday finally surpassing 2019 levels.
>some brands have had to get ready to keep up with consumer demand... in preparation for the higher demand anticipated this Halloween and holiday season
$10.6 billion spent on Halloween
>market cap of party city = $180 million = 1.7% of $10.6 billion
buy PRTY here $1.60
they report earnings ~November 8
very good pot odds
debt is not due until 2026
currently trading below book value of assets, let alone with the halloween season