I don’t talk politics but I have to say that the current Administration is impacting businesses that thrive in big cities with lots of immigrants. Unfortunate for PRTY, Party City relies heavily on their big city super stores with lots of Hispanics to stay afloat. In today’s political environment, good luck with getting Hispanics excited about celebrating anything. Instead, they’ll prefer to visit a place like Target, Walmart, Dollar General to just make one simple stop and grab whatever is available instead of having to go to multiple places. I’ll revisit PRTY when the politicians grow up and stop throwing punches at each other. Note: I’m not an investment advisor and I’ve done zero research to support my post ;)
