The Company will publish a press release discussing the quarter, including remarks from management, and then, at 5 p.m. Eastern Time, will host an analyst question and answer session, which will be webcast. This format allows the webcast to be conversational and more focused on top questions rather than on prepared remarks. PLBY Group, Inc. is a global pleasure and leisure company connecting consumers with products, content, and experiences that help them lead more fulfilling lives. PLBY Group's flagship co ...

This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. The Company's actual results may differ from their expectations, estimates, and projections and, consequently, you should not rely on these forwardlooking statements as predictions of future events. Words such as "expect", "estimate", "project", "budget", "forecast", "anticipate", "intend", "plan", "may", "will", "could", "should", ...

PLBY Group, Inc. (NASDAQ:PLBY) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Matt Chesler - Investor Relations Ben Kohn - Chief Executive Officer Marc Crossman - Chief Operating Officer and Chief Financial Officer Conference Call Participants Jason Tilchen - Cannacord Genuity Greg Pendy - Chardan Operator Good day and welcome to the PLBY Group's [First] (ph) Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-39312 PLBY Group, Inc. (Exact name of registrant as specified in its charter) Delaware 37-1958714 (State or other jurisdiction o ...

Exhibit 99.1 PLBY Group Reports First Quarter 2024 Financial Results Execution of Key Goals and Improved Performance Stabilizes the Business; Focus Shifts to Initiatives to Drive Profitable Growth LOS ANGELES – May 9, 2024 (GLOBE NEWSWIRE) – PLBY Group, Inc. (NASDAQ: PLBY) ("PLBY Group" or the "Company"), a leading pleasure and leisure lifestyle company and owner of Playboy, one of the most recognizable and iconic brands in the world, today announced results for the quarter ended March 31, 2024. Operational ...

LOS ANGELES, April 30, 2024 (GLOBE NEWSWIRE) -- PLBY Group, Inc. (NASDAQ:PLBY) ("PLBY Group" or the "Company"), a leading pleasure and leisure lifestyle company and owner of Playboy, announced that its China joint venture (the "China JV") has entered into several new licensing agreements with unrelated, third-parties based in China, representing a major step by the China JV to reinvigorate the Playboy brand in China. The series of new agreements is highlighted by a five-year license agreement with Guandong ...

LOS ANGELES, April 29, 2024 (GLOBE NEWSWIRE) -- PLBY Group, Inc. (NASDAQ:PLBY) (the "Company" or "PLBY Group"), a leading pleasure and leisure lifestyle company and owner of Playboy, one of the most recognizable and iconic brands in the world, will report first quarter 2024 financial results on Thursday, May 9, 2024, after the U.S. stock market closes. The Company will publish a press release discussing the quarter, including remarks from the Company's management, and then, at 5:00 p.m. Eastern Time, will h ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For transition period from to Commission File Number 001-39312 PLBY GROUP, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organizati ...

PLBY Group, Inc. (NASDAQ:PLBY) Q4 2023 Earnings Conference Call March 27, 2024 4:30 PM ET Company Participants Ashley DeSimone - ICR Ben Kohn - CEO Marc Crossman - CFO and COO Conference Call Participants Jason Tilchen - Canaccord Genuity Gregory Pendy - Chardan Operator Good afternoon, everyone, and welcome to PLBY Group's Full Year and Fourth Quarter 2023 Earnings Conference Call. Hosting today's call are Ben Kohn, Chief Executive Officer; and Marc Crossman, Chief Financial Officer and Chief Operating Off ...

Financial Performance - Q4 2023 revenue was $39.4 million, a 12% decrease year-over-year from $44.9 million, with a net loss of $3.8 million, improving from a net loss of $10.2 million in Q4 2022[29][26] - Total revenue for the full year 2023 was $143.0 million, a 23% decrease from $185.5 million in 2022, with direct-to-consumer revenue down 26% to $78.0 million[30][31] - Net loss from continuing operations for 2023 was $186.4 million, an improvement from a net loss of $250.7 million in 2022[34] - Total net loss for 2023 was $180.4 million, a reduction of $97.3 million compared to a total net loss of $277.7 million in 2022[34] - Adjusted EBITDA loss in 2023 was $7.3 million, compared to an adjusted EBITDA loss of $4.5 million in 2022[35] - Net revenues for the year ended December 31, 2023, were $142.95 million, down from $185.54 million in 2022[42] - Cost of sales for 2023 was $54.78 million, a decrease from $82.95 million in 2022[42] - Selling and administrative expenses for 2023 totaled $123.55 million, down from $150.54 million in 2022[42] - Impairments in 2023 were $154.88 million, significantly lower than $283.5 million in 2022[42] - Net loss per share from continuing operations for 2023 was $2.60, compared to $5.28 in 2022[42] Revenue Breakdown - Direct-to-consumer revenue declined 18% year-over-year to $20.4 million, while Honey Birdette revenue increased by 14% to $20.4 million due to improved consumer demand[23][5] - Licensing revenue decreased 27% year-over-year to $44.3 million, primarily due to poor performance from Chinese licensees, partially offset by $5.1 million from prepaid royalty guarantees[32][30] - Digital subscriptions and content revenue increased by 10% year-over-year to $20.7 million, driven by growth from the creator platform[33][25] Cost Management - The company reduced corporate overhead from approximately $50 million in 2022 to a projected $27 million in 2023[4] - Adjusted EBITDA for Q4 2023 was $1.1 million, an improvement of $3.7 million from a loss of $2.6 million in Q4 2022[26] Future Plans - The company plans to increase Honey Birdette's average selling price by 10% and introduce a loyalty program in 2024[15] - The company aims to be EBITDA positive for the full year 2024 while continuing to service its debt[21] - The company plans to host a webcast to discuss the fourth quarter and full year 2023 financial results[36] Risks and Considerations - Forward-looking statements indicate potential risks including market conditions and operational disruptions[39]