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PLBY Group, Inc. - $PLBY STOCK NEWS

Welcome to our dedicated page for PLBY Group news (Ticker: $PLBY), a resource for investors and traders seeking the latest updates and insights on PLBY Group stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PLBY Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PLBY Group's position in the market.

Rhea-AI Summary

PLBY Group, Inc. announced that its China joint venture has entered into multiple new licensing agreements in China, including a five-year deal with Duhan for men's and women's apparel, an extended license for underwear, a new event and venue agreement, and a three-year deal for footwear, bags, and specialty apparel. The goal is to reinvigorate the Playboy brand in China by partnering with experienced online platforms and incentivizing partners to invest in the brand.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.77%
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none
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Rhea-AI Summary

PLBY Group, Inc. will announce its first quarter 2024 financial results on May 9, 2024. The company owns Playboy and is a leader in pleasure and leisure lifestyle. The press release will include remarks from management and a webcast for analysts to ask questions. The event aims to provide insights on the quarter's performance.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.96%
Tags
conferences earnings
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Rhea-AI Summary
PLBY Group, Inc. reported Q4 revenue of $39.4 million, a net loss of $3.8 million, and adjusted EBITDA of $1.1 million. The company amended its credit facility, eliminating the total net leverage covenant until Q2 2026. CEO Ben Kohn outlined key achievements in 2023, including restructuring, reducing overhead, stabilizing Honey Birdette, and growing the creator platform. Despite revenue declines, the company made progress in various areas, such as reducing losses, improving product quality, and signing new agreements in China. The company aims to focus on increasing margins, expanding licensing, and enhancing digital content in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.98%
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Rhea-AI Summary
PLBY Group, Inc. announces the restatement of its financial statements for the second and third quarters of 2023, leading to a reduction in net losses, an increase in Adjusted EBITDA, and a decrease in total liabilities. The errors identified in the accounting treatment of an impaired Chinese license contract will not impact revenue, cash flows, or future operations. The company will report its fourth quarter and full year 2023 financial results on March 27, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.48%
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none
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Rhea-AI Summary
PLBY Group, Inc. will report its Q4 and full year 2023 financial results on March 14, 2024. The Shareholder Letter will feature remarks from CEO Ben Kohn, followed by an analyst Q&A session webcast, emphasizing top questions. Investors can access the webcast at https://www.plbygroup.com/investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.45%
Tags
conferences earnings
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Rhea-AI Summary
PLBY Group, Inc. (NASDAQ: PLBY) announced its participation in the 2024 ICR Conference in Orlando, FL, with CEO Ben Kohn joining a fireside chat on January 9, 2024. The live webcast and presentation replay will be available on the PLBY Group Investor Relations site.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.2%
Tags
conferences
Rhea-AI Summary
PLBY Group, Inc. (NASDAQ: PLBY) provided financial results for Q3 2023, including progress towards restructuring operations, sale of Lovers business, and plans to sell art and memorabilia. CEO Ben Kohn discussed moving to a capital light model and exploring strategic alternatives for Honey Birdette.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-25.44%
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Rhea-AI Summary
PLBY Group, Inc. announced its participation in an art auction hosted by Bonhams from November 8-17, 2023. The auction will feature original works of art from the Playboy Collection, representing a celebration of storytelling.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.83%
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conferences
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News
Rhea-AI Summary
PLBY Group, Inc. has completed the sale of its Lovers retail business to LV Holding, LLC for $13.5 million in cash.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.47%
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none
Rhea-AI Summary
PLBY Group, Inc. will report Q3 2023 financial results on November 9, 2023. The webcast will be more conversational and focused on top questions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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conferences earnings
PLBY Group, Inc.

Nasdaq:PLBY

PLBY Rankings

PLBY Stock Data

73.54M
50.84M
5.28%
32.51%
6.03%
Hosiery and Sock Mills
Manufacturing
Link
United States of America
LOS ANGELES