PLBY Group (NASDAQ:PLBY) Announces Earnings Results

PLBY Group (NASDAQ:PLBY) issued its quarterly earnings results on Monday. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.04), FiscalAI reports. The business had revenue of $30.24 million for the quarter, compared to analyst estimates of $30.72 million.

Here are the key takeaways from PLBY Group’s conference call:

• Consolidated revenue rose to $30.2 million (+5% YoY) and Adjusted EBITDA jumped to about $5 million, up 111% and marking the company’s fifth consecutive quarter of positive Adjusted EBITDA.
• Playboy closed the UTG China transaction, used initial proceeds to pay down $15 million of debt (gross debt ~$145M) and expects nearly $37M more from UTG that would push net debt well below $100 million.
• Honey Birdette drove results with net revenue of $18.8 million (+15.4% YoY), six consecutive quarters of double‑digit brick‑and‑mortar comps, ~40% U.S. four‑wall margins, a ~40% reduction in future build‑out costs, and plans to open five new U.S. stores.
• Management is re‑energizing the media/brand with the Karol G cover (billions of impressions), has launched preliminary subscriptions, and is scaling paid voting contests that management says could generate multi‑seven‑figure revenue while feeding its paywall audience.
• Licensing revenue was slightly lower at $10.9 million as the company is intentionally letting smaller or off‑brand licensees expire to pursue fewer, larger partners — a strategic shift that may compress near‑term licensing income while aiming to increase long‑term brand value.

PLBY Group Trading Down 3.9%

Shares of PLBY Group stock opened at $1.73 on Tuesday. The company has a current ratio of 1.03, a quick ratio of 0.82 and a debt-to-equity ratio of 9.40. PLBY Group has a 12-month low of $1.13 and a 12-month high of $2.75. The firm has a market capitalization of $199.75 million, a price-to-earnings ratio of -11.53 and a beta of 1.91. The firm’s 50 day simple moving average is $1.71 and its two-hundred day simple moving average is $1.76.

Insider Buying and Selling

In other PLBY Group news, CEO Bernhard L. Kohn III sold 18,502 shares of the company’s stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $1.83, for a total transaction of $33,858.66. Following the transaction, the chief executive officer owned 6,245,045 shares in the company, valued at approximately $11,428,432.35. This represents a 0.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, General Counsel Christopher Riley sold 90,896 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $1.78, for a total transaction of $161,794.88. Following the transaction, the general counsel owned 1,688,679 shares in the company, valued at $3,005,848.62. The trade was a 5.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 208,988 shares of company stock worth $370,560 in the last 90 days. 38.30% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of PLBY. Vanguard Group Inc. increased its stake in shares of PLBY Group by 1.0% in the third quarter. Vanguard Group Inc. now owns 2,688,907 shares of the company’s stock worth $3,953,000 after acquiring an additional 26,060 shares during the period. Jones Financial Companies Lllp increased its stake in shares of PLBY Group by 7,468.3% in the first quarter. Jones Financial Companies Lllp now owns 32,695 shares of the company’s stock worth $36,000 after acquiring an additional 32,263 shares during the period. Boothbay Fund Management LLC acquired a new stake in shares of PLBY Group in the second quarter worth $41,000. Qube Research & Technologies Ltd acquired a new stake in shares of PLBY Group in the third quarter worth $56,000. Finally, Virtu Financial LLC acquired a new stake in shares of PLBY Group in the fourth quarter worth $228,000. Institutional investors and hedge funds own 32.46% of the company’s stock.

PLBY Group Company Profile

PLBY Group, Inc is a global media and lifestyle company best known for its iconic Playboy brand. The company operates across multiple business segments, including consumer products, licensing, subscription commerce, sexual wellness and digital offerings. Through its diversified portfolio, PLBY Group brings its signature aesthetic and brand heritage to categories such as apparel, accessories, gaming, beverages, home goods and intimate lifestyle products.

In the consumer products segment, PLBY Group designs and markets a range of branded goods under licensing agreements with major retailers and distributors worldwide.