PLBY Group (NASDAQ:PLBY) Announces Earnings Results, Beats Estimates By $0.01 EPS
by Doug Wharley · The Cerbat GemPLBY Group (NASDAQ:PLBY – Get Free Report) issued its quarterly earnings results on Thursday. The company reported $0.02 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.01, FiscalAI reports. The firm had revenue of $31.71 million for the quarter, compared to analysts’ expectations of $30.32 million. PLBY Group had a return on equity of 30.31% and a net margin of 0.23%.
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
PLBY stock traded up $0.05 during midday trading on Friday, hitting $1.29. 1,682,830 shares of the company traded hands, compared to its average volume of 903,373. PLBY Group has a twelve month low of $0.95 and a twelve month high of $2.75. The company has a quick ratio of 0.64, a current ratio of 0.79 and a debt-to-equity ratio of 6.83. The business has a 50 day simple moving average of $1.11 and a 200-day simple moving average of $1.43. The stock has a market capitalization of $154.55 million, a price-to-earnings ratio of 26.50 and a beta of 1.88.
Insider Transactions at PLBY Group
In other news, Director Tracey E. Edmonds sold 25,900 shares of the business’s stock in a transaction on Friday, September 4th. The shares were sold at an average price of $1.16, for a total value of $30,044.00. Following the completion of the sale, the director directly owned 142,253 shares in the company, valued at approximately $165,013.48. The trade was a 15.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Holding S.A R.L. Docler acquired 4,761,905 shares of the firm’s stock in a transaction that occurred on Friday, October 30th. The shares were purchased at an average cost of $1.05 per share, with a total value of $5,000,000.25. Following the completion of the acquisition, the director owned 19,707,207 shares in the company, valued at $20,692,567.35. This trade represents a 31.86% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders sold 7,670,064 shares of company stock worth $8,060,178. 34.50% of the stock is owned by insiders.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on PLBY. Zacks Research raised PLBY Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 14th. Weiss Ratings raised PLBY Group from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Tuesday, August 11th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce”.
View Our Latest Analysis on PLBY Group
About PLBY Group
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.
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