Item 2.02 Results of Operations and Financial Condition.

On January 9, 2020, Party City Holdco Inc. (the "Company") issued a press release announcing preliminary brand comparable sales results for the fiscal year ended December 31, 2019. A copy of the press release is being furnished to the Securities and Exchange Commission as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference to this Item 2.02.

The information furnished pursuant to Item 2.02 shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, or the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference into any of the Company's filings with the Securities and Exchange Commission under the Exchange Act or the Securities Act of 1933, whether made before or after the date hereof, regardless of any general incorporation language in such a filing, except as expressly set forth by specific reference in such a filing. Except as required by law, we undertake no duty or obligation to publicly update or revise the information so furnished.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors;

Appointment of Certain Officers; Compensatory Arrangements of Certain

Officers.

On January 9, 2020, the Company announced that Todd Vogensen, age 50, will be joining the Company as Chief Financial Officer, effective February 3, 2020. Mr. Vogensen will replace Michael Correale, age 62, who has served as the Company's Interim Chief Financial Officer since March 2019. Mr. Correale will remain with the Company and serve as Chief Accounting Officer and Principal Accounting Officer.

Mr. Vogensen served as the Executive Vice President and Chief Financial Officer of Chico's FAS from June 2014 through January 2020, where he also held various roles of increasing responsibility beginning in 2009. Prior to joining Chico's, Mr. Vogensen spent over four years with Michaels Stores from 2005 to 2009 as Corporate Controller, Vice President of Financial Planning & Analysis, and Vice President of Merchandising Finance. He previously held finance management positions at Gap, Inc. and Hewlett Packard Company. Mr. Vogensen has a Bachelor of Science in Accounting from Arizona State University, where he graduated in 1991.

In connection with Mr. Vogensen's appointment, the Company entered into an employment agreement (the "Agreement") with Mr. Vogensen governing the terms of Mr. Vogensen's employment. The Agreement is effective as of February 3, 2020 (the "Effective Date"), the first day of Mr. Vogensen's employment with the Company, and runs through February 2, 2023 unless terminated sooner pursuant to the terms of the Agreement. Under the Agreement, Mr. Vogensen will receive an initial annual base salary of $625,000 and is eligible for an annual bonus target of 70% of his base salary. In addition, Mr. Vogensen will receive a one-time cash sign-on bonus in the amount of $420,000.

The foregoing summary of the Agreement is qualified in its entirety by the copy of such agreement filed hereto as Exhibit 10.1 and is incorporated herein by reference.

A copy of the Company's press release announcing Mr. Vogensen's appointment is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.




(d) Exhibit


  10.1        Employment agreement, dated January 6, 2020, by and between Party City
            Holdco Inc. and Todd Vogensen

  99.1        Press Release, dated January 9, 2020.

  104       Cover Page Interactive Data File (embedded within the Inline XBRL
            document).

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