PLBY Group (NASDAQ:PLBY) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS

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

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 Up 4.0%

Shares of NASDAQ PLBY traded up $0.05 during midday trading on Friday, reaching $1.29. The company’s stock had a trading volume of 1,682,830 shares, compared to its average volume of 604,645. PLBY Group has a fifty-two week low of $0.95 and a fifty-two week high of $2.75. The stock has a market capitalization of $154.55 million, a price-to-earnings ratio of 64.53 and a beta of 1.88. The company has a current ratio of 0.79, a quick ratio of 0.64 and a debt-to-equity ratio of 6.83. The stock has a 50 day simple moving average of $1.11 and a 200-day simple moving average of $1.42.

Insider Buying and Selling at PLBY Group

In other PLBY Group news, Director Holding S.A R.L. Docler bought 4,761,905 shares of PLBY Group 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 purchase, the director owned 19,707,207 shares of the company’s stock, valued at $20,692,567.35. The trade was a 31.86% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Tracey E. Edmonds sold 25,900 shares of the company’s stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $1.16, for a total transaction of $30,044.00. Following the completion of the transaction, the director owned 142,253 shares in the company, valued at approximately $165,013.48. This trade represents a 15.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 7,670,064 shares of company stock worth $8,060,178 over the last 90 days. Company insiders own 34.50% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on PLBY shares. Weiss Ratings upgraded PLBY Group from a “sell (d-)” rating to a “sell (d+)” rating in a research note on Tuesday, August 11th. Zacks Research upgraded shares of PLBY Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 14th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, PLBY Group presently has a consensus rating of “Reduce”.

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.