Factory Card & Party Outlet Corp. Announces Sales for December

  
    
  
  
    
      Factory Card & Party Outlet Corp. (NASDAQ:FCPO) announced today that net 
      sales for the five-week period ended December 30, 2006 increased 0.4 
      percent, compared with the five-week period ended December 31, 2005. 
      Comparable store sales for the same period increased 0.3 percent.
    
    
      “Comparable sales, while positive for 
      December, were negatively impacted by the shift of New Year’s 
      Eve sales from our fiscal December of last year, to fiscal January of 
      the current year,” stated Gary W. Rada, 
      President and Chief Executive Officer.
    
    
      
        
        
        
          Fiscal Period Ended
        
        
        
        
          Percent Change
        
      
      
        
          (dollars in millions)
        
        
          
            December 30,
          
          
            2006 
          
        
        
        
        
          
            December 31,
          
          
            2005 
          
        
        
        
        
          
            TotalSales 
          
        
        
        
        
          
            ComparableSales
          
        
      
      
        
          For the 5 weeks ended
        
        
          $28.4 
        
        
        
        
          $28.3 
        
        
        
        
          0.4%
        
        
        
        
          0.3%
        
      
      
        
          For the 48 weeks ended
        
        
          $225.7 
        
        
        
        
          $219.9 
        
        
        
        
          2.7%
        
        
        
        
          0.8%
        
      
    
    
      Factory Card & Party Outlet (www.factorycard.com) 
      based in Naperville, Illinois, is the largest publicly traded retail 
      party chain in the United States. Factory Card & Party Outlet currently 
      operates 189 Company-owned retail stores in 20 states, offering a wide 
      selection of party supplies, greeting cards, giftwrap, balloons, 
      everyday and seasonal merchandise, and other special occasion 
      merchandise at everyday value prices.
    
    
      Certain statements in this news release constitute “forward-looking 
      statements” within the meaning of the Private 
      Securities Litigation Reform Act of 1995. Such forward-looking 
      statements involve known and unknown risks, uncertainties, year-end 
      adjustments and other factors that may cause the actual results, 
      performance or achievements of the Company, or industry results, to be 
      materially different from any future results, performance or 
      achievements express or implied by such forward-looking statements.
    
    
      In general, the results, performance or achievements of the Company and 
      its stores and the value of the Company’s 
      common stock are dependent upon a number of factors including, without 
      limitation, the dependence on key personnel; competition, ability to 
      anticipate merchandise trends and consumer demand; ability to maintain 
      relationships with suppliers; successful implementation of information 
      systems; successful handling of merchandise logistics; inventory 
      shrinkage; ability to meet future capital needs; governmental 
      regulations; and other factors both referenced and not referenced in the 
      Company’s filings with the Securities and 
      Exchange Commission.