Playboy owner's shares slump after downbeat Q2

Playboy

09/08/2022 22:53

** Shares of Playboy brand owner PLBY Group  PLBY.O  down
~14% at $6.02 in extended trading
    ** PLBY reports Q2 loss of 18 cents per share, bigger than
the 12-cent loss per share estimated by analysts, due to higher
costs  urn:newsml:reuters.com:*:nASA03KK5
    ** Revenue jumps 31% to $65.4 mln but falls short of
estimates of $70.9 mln, according to Refinitiv IBES, with PLBY
saying the "macroenvironment is posing many challenges"
    ** Up to last close, stock down ~74% YTD 

 (Reporting by Deborah Sophia in Bengaluru)
 ((DeborahMary.Sophia@thomsonreuters.com;))