PLBY Group (NASDAQ:PLBY) Releases Quarterly Earnings Results, Misses Estimates By $0.04 EPS

PLBY Group (NASDAQ:PLBY) issued its quarterly earnings results on Monday. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.04), FiscalAI reports. The firm 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 Stock Performance

NASDAQ PLBY traded down $0.07 on Monday, hitting $1.73. 1,504,263 shares of the company traded hands, compared to its average volume of 1,024,101. The company has a market capitalization of $199.75 million, a price-to-earnings ratio of -11.53 and a beta of 1.91. The company has a current ratio of 1.03, a quick ratio of 0.82 and a debt-to-equity ratio of 9.40. The business’s 50 day moving average price is $1.72 and its 200-day moving average price is $1.75. PLBY Group has a 52-week low of $1.13 and a 52-week high of $2.75.

Insider Transactions at PLBY Group

In other news, General Counsel Christopher Riley sold 90,896 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $1.78, for a total value of $161,794.88. Following the transaction, the general counsel owned 1,688,679 shares of the company’s stock, valued at $3,005,848.62. This trade represents a 5.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Bernhard L. Kohn III sold 18,502 shares of the business’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 value of $33,858.66. Following the transaction, the chief executive officer owned 6,245,045 shares of the company’s stock, valued at approximately $11,428,432.35. This trade represents a 0.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 208,988 shares of company stock valued at $370,560. Company insiders own 38.30% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in shares of PLBY Group by 1.0% during the 3rd quarter. Vanguard Group Inc. now owns 2,688,907 shares of the company’s stock valued at $3,953,000 after acquiring an additional 26,060 shares during the period. Geode Capital Management LLC grew its stake in shares of PLBY Group by 15.1% during the 4th quarter. Geode Capital Management LLC now owns 743,478 shares of the company’s stock valued at $1,398,000 after acquiring an additional 97,321 shares during the period. Marshall Wace LLP bought a new position in shares of PLBY Group during the 4th quarter valued at approximately $1,169,000. Goldman Sachs Group Inc. grew its stake in shares of PLBY Group by 240.2% during the 4th quarter. Goldman Sachs Group Inc. now owns 370,228 shares of the company’s stock valued at $696,000 after acquiring an additional 261,406 shares during the period. Finally, Squarepoint Ops LLC grew its stake in shares of PLBY Group by 494.8% during the 4th quarter. Squarepoint Ops LLC now owns 312,579 shares of the company’s stock valued at $588,000 after acquiring an additional 260,025 shares during the period. 32.46% of the stock is currently owned by institutional investors.

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.