PLBY Group (NASDAQ:PLBY) Announces Quarterly Earnings Results

PLBY Group (NASDAQ:PLBY) posted its quarterly earnings data on Thursday. The company reported $0.02 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.01, FiscalAI reports. The firm had revenue of $31.71 million during the quarter, compared to analyst estimates of $30.32 million. PLBY Group had a net margin of 0.23% and a return on equity of 30.31%.

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

• Profitability improved sharply: Revenue rose 9% to $31.7 million, while adjusted EBITDA nearly doubled to $7.9 million, marking the company’s seventh consecutive quarter of positive adjusted EBITDA. Net income increased to $1.9 million from $0.5 million a year earlier.
• Licensing momentum is building, though growth is uneven: China licensing revenue grew nearly 40%, and the partner signed three agreements with about $15 million in combined contract value. Playboy cited $324 million of contracted revenue not yet recognized and expects rest-of-world licensing to return to growth in 2027, while noting that segment revenue there was flat in the quarter excluding prior-year audit settlements.
• Honey Birdette delivered growth and improved profitability: Revenue increased 12%, comparable sales rose 11%, and adjusted operating income roughly doubled to $2.4 million. The company plans to expand into swim and activewear and launch three more Playboy collaborations next year.
• Playboy is pursuing a Miami Beach members club: The company plans to contribute about $5 million toward acquiring and developing the property, expects to recoup that investment through membership sales, and intends to use the venue as a base for future licensing. The hotel will continue operating during planning and rehabilitation; membership timing remains undetermined.
• Management outlined further debt reduction: Net debt was about $115 million, or roughly 3.8 times trailing adjusted EBITDA excluding litigation expenses. The company said $37 million is earmarked for debt paydown by January 2028, though it acknowledged that more debt remains to retire.

PLBY Group Stock Performance

Shares of PLBY stock traded up $0.05 during midday trading on Friday, hitting $1.29. 1,682,830 shares of the company were exchanged, compared to its average volume of 604,645. The firm’s 50 day moving average price is $1.11 and its two-hundred day moving average price is $1.42. The company has a debt-to-equity ratio of 6.83, a quick ratio of 0.64 and a current ratio of 0.79. The firm has a market capitalization of $154.55 million, a P/E ratio of 64.53 and a beta of 1.88. PLBY Group has a 52 week low of $0.95 and a 52 week high of $2.75.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on PLBY. Weiss Ratings upgraded shares of PLBY Group from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Tuesday, August 11th. Zacks Research upgraded PLBY Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 14th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, PLBY Group currently has an average rating of “Reduce”.

Insider Transactions at PLBY Group

In related news, Director Holding S.A R.L. Docler purchased 4,761,905 shares of the stock in a transaction dated Friday, October 30th. The stock was bought at an average cost of $1.05 per share, for a total transaction of $5,000,000.25. Following the completion of the acquisition, the director owned 19,707,207 shares of the company’s stock, valued at approximately $20,692,567.35. This represents a 31.86% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Special Opportuniti Drawbridge sold 4,761,905 shares of PLBY Group stock in a transaction that occurred on Friday, October 30th. The stock was sold at an average price of $1.05, for a total transaction of $5,000,000.25. Following the sale, the insider owned 85,328 shares in the company, valued at approximately $89,594.40. This represents a 98.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 7,670,064 shares of company stock valued at $8,060,178. 34.50% of the stock is currently owned by corporate insiders.

PLBY Group Company Profile

PLBY Group, Inc was a global media and lifestyle company associated with the Playboy brand. Its business focused on developing, licensing and marketing Playboy-branded products and experiences across categories including apparel, accessories, consumer products, digital media and sexual wellness.

The company’s operations were built around the Playboy intellectual property, which includes the Playboy name, rabbit-head logo, editorial archive and related creative assets. PLBY Group generated business through brand licensing, direct-to-consumer commerce, digital content and partnerships with manufacturers, retailers and other commercial operators.

Playboy was founded by Hugh Hefner in 1953 as a men’s lifestyle magazine and later expanded into television, publishing, hospitality, merchandise and licensing.