The earnings call highlighted strong performance in specific areas such as SuperStore revenue growth and brand stability, alongside improvements in operational efficiency and cost management. However, these positives were counterbalanced by declines in overall revenue, tourism, and wholesale revenue, as well as ongoing financial losses and strategic store closures. The company is implementing strategies to address these challenges, but the balance of highlights and lowlights suggests a mixed outlook.

Company Guidance

In the Q2 2025 financial results call for Planet 13, the company reported $26.9 million in revenue, a slight decrease from $28 million in Q1. Despite a 14% decline in statewide cannabis flower sales and an 18% drop in flower prices compared to the previous year, Planet 13's SuperStore, including DAZED!, generated $12 million in revenue, representing a 7% increase from Q1. The neighborhood store network reported $12.2 million in revenue, a 9% sequential decline. Wholesale revenue was $2.7 million, down from $3.4 million in Q1. The gross profit was $11.6 million with a gross margin of 43.4%, slightly up from 42.8% in Q1. Sales and marketing expenses increased to $1.6 million from $1.5 million in Q1, while G&A expenses decreased to $13.6 million from $14.1 million. The adjusted EBITDA loss improved slightly to $2.4 million from $2.5 million in Q1. The company held a cash balance of $15.9 million as of June 30, 2025, and used $1.2 million in operating cash flow, focusing on cost savings and efficiency.

Increase in SuperStore Revenue

The SuperStore, including DAZED!, generated $12 million in revenue, up 7% from Q1 2025 despite a challenging market in Las Vegas.

Improvement in Florida Flower Quality

Florida flower quality saw significant gains with potency up 20% from last year and yields up 45%.

Strong Brand Performance

Medizin grew 21% year-over-year and HaHa maintained its spot as the third best-selling brand in Nevada.

Gross Margin Stability

Gross margin improved slightly to 43.4% from 42.8% in Q1 2025, due to directing a greater share of production to retail stores.

Reduction in G&A Expenses

General and administrative expenses declined to $13.6 million from $14.1 million in Q1 2025, reflecting cost reduction initiatives.

Improved Operating Cash Flow

Operating cash flow improved with a use of $1.2 million compared to Q1 2025, showing better cash management focus.

Planet 13 Holdings (PLNH) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PLNH Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2025 (Q3)	-0.02 / -	-0.02	―	―	―
Aug 13, 2025	2025 (Q2)	-0.02 / -0.04	-0.03	-34.15% (-0.01)	―
May 14, 2025	2025 (Q1)	-0.02 / -0.01	-0.03	65.85% (+0.02)	―
Mar 26, 2025	2024 (Q4)	-0.01 / -0.08	-0.069	-21.05% (-0.01)	―
Nov 08, 2024	2024 (Q3)	-0.01 / -0.02	-0.209	90.31% (+0.19)	―
Aug 08, 2024	2024 (Q2)	-0.02 / -0.03	-0.02	-51.85% (-0.01)	―
May 09, 2024	2024 (Q1)	-0.02 / -0.03	-0.029	-2.50% (>-0.01)	―
Mar 13, 2024	2023 (Q4)	-0.12 / -0.07	-0.179	61.69% (+0.11)	―
Nov 08, 2023	2023 (Q3)	-0.02 / -0.21	-0.029	-622.50% (-0.18)	―
Aug 09, 2023	2023 (Q2)	-0.02 / -0.02	-0.009	-107.69% (-0.01)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PLNH Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 13, 2025	$0.42	$0.30	-28.57%
May 14, 2025	$0.27	$0.27	0.00%
Mar 26, 2025	$0.30	$0.29	-3.33%
Nov 08, 2024	$0.51	$0.43	-15.69%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Planet 13 Holdings (PLNH) report earnings?

Planet 13 Holdings (PLNH) is schdueled to report earning on Nov 06, 2025, Before Open (Confirmed).

What is Planet 13 Holdings (PLNH) earnings time?

Planet 13 Holdings (PLNH) earnings time is at Nov 06, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is PLNH EPS forecast?

PLNH EPS forecast for the fiscal quarter 2025 (Q3) is -0.02.

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