Playboy Greatly Narrows Its Losses

Playboy Enterprises Inc. reported a second-quarter net loss for the quarter of $900,000 for the second quarter, compared with a net loss of $3.1 million for the same quarter last year.

The publisher and direct marketer posted revenue of $76 million for the quarter ended June 30, up 8% over the prior year.

The Chicago company’s online group realized operating profit of $100,000 for the quarter, compared to a $2.9 million loss last year.

Second quarter e-commerce revenues dropped to $3.3 million from $3.7 million last year. Playboy attributed this to the timing of catalog mailings.

Playboy attributed these results to sales growth in all its divisions.


Playboy Greatly Narrows Its Losses

Playboy Enterprises Inc. reported a second-quarter net loss for the quarter of $900,000 for the second quarter, compared with a net loss of $3.1 million for the same quarter last year.

The publisher and direct marketer posted revenue of $76 million for the quarter ended June 30, up 8% over the prior year.

The Chicago company’s online group realized operating profit of $100,000 for the quarter, compared to a $2.9 million loss last year.

Second quarter e-commerce revenues dropped to $3.3 million from $3.7 million last year. Playboy attributed this to the timing of catalog mailings.

Playboy attributed these results to sales growth in all its divisions.