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Stock impact report

PLBY Group Reports Third Quarter 2024 Financial Results [Yahoo! Finance]

PLBY Group, Inc. (PLBY) 
Company Research Source: Yahoo! Finance
LOS ANGELES, Nov. 12, 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 financial and operational results for the quarter ended September 30, 2024. Comparability is to the same period in the prior year and all periods presented reflect the Company's Honey Birdette business as a discontinued operation, as appropriate and unless otherwise noted. Comments from Ben Kohn, Chief Executive Officer of PLBY Group “This year we have taken substantial and necessary actions to strengthen our balance sheet and restore Playboy to its iconic roots, establishing a more sustainable path forward. This week, we signed a deal with our existing lenders to restructure our debt, reducing our senior debt from approximately $218 million to approximately $152 million. Related to that, we will issue our lenders $28 millio Show less Read more
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