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Soho House & Co Inc. - $SHCO STOCK NEWS

Welcome to our dedicated page for Soho House & Co news (Ticker: $SHCO), a resource for investors and traders seeking the latest updates and insights on Soho House & Co stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Soho House & Co's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Soho House & Co's position in the market.

Rhea-AI Summary

Soho House & Co Inc. (NYSE: SHCO) will announce its first quarter 2024 financial results on May 10, 2024. The global membership platform includes Soho House, Soho Works, The Ned, Scorpios Beach Club, Soho Home, and The Line and Saguaro Hotels. A conference call and webcast will be held to discuss the results. Soho House & Co Inc. is a global membership platform connecting a diverse group of members through physical and digital spaces.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.39%
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Rhea-AI Summary
Soho House & Co Inc. chairman addresses shareholders, highlighting the long-term value and profitability of mature Houses in the company's network.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20.93%
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Rhea-AI Summary
Soho House & Co Inc. (NYSE: SHCO) announced strong financial results for Q4 2023 and FY 2023, showcasing growth in total members, revenues, and Adjusted EBITDA. The company reported a net loss but highlighted significant progress in profitability and member experience enhancement. With new house openings and strategic initiatives, SHCO aims to drive operational excellence and membership growth in the upcoming year.
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Rhea-AI Sentiment
End-of-Day
-13.57%
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Rhea-AI Summary
Soho House & Co Inc. (NYSE: SHCO) will release its Q4 2023 financial results on March 15, 2024. It is a global membership platform with various brands under its umbrella. The company offers physical and digital spaces for members worldwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.81%
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Rhea-AI Summary
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of Soho House & Co Inc. investors after GlassHouse Research published a report criticizing the company's business model and accounting practices, leading to a significant stock price drop.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.25%
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News
Rhea-AI Summary
Soho House & Co Inc. (NYSE: SHCO) rejects a report by GlassHouse Research, citing inaccuracies and misleading statements. The company reaffirms its confidence in its business, upcoming financial results, and plans for growth. The Board approves a $50 million share repurchase authorization, signaling a positive outlook.
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Rhea-AI Sentiment
End-of-Day
12.6%
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none
Rhea-AI Summary
Soho House & Co. (NYSE: SHCO) promotes Tom Collins to Chief Operating Officer, effective November 1, 2023. Collins, previously Managing Director for UK, Europe, and Asia, has held senior leadership roles during his ten-year tenure, successfully opening new Soho Houses in various regions. He will report to CEO Andrew Carnie and aims to drive continued growth and success for the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-21.1%
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Rhea-AI Summary
Soho House & Co Inc. (NYSE: SHCO) announced third quarter results, with total members growing to 255,252, revenues of $301.0 million, and net loss of $42.4 million. The company opened Soho House Mexico City and plans to open locations in Portland and Sao Paulo. Adjusted EBITDA more than doubled year-on-year, and membership guidance for year-end 2024 is set to exceed 210,000 Soho House members.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-21.1%
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Rhea-AI Summary
Soho House & Co Inc. (SHCO) will release its third-quarter 2023 financial results on November 10, 2023. A conference call and webcast will be hosted to discuss these results. Soho House & Co is a global membership platform that connects members through physical and digital spaces worldwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.2%
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Rhea-AI Summary
Soho House & Co Inc. announces Q2 2023 results with total revenues of $288.9 million, up 18.5% YoY. Adjusted EBITDA was $31.8 million, up $16.4 million from Q2 2022. Total members grew to 248,071, a 28.3% YoY increase. Soho House members grew to 176,305, a 23.9% YoY increase. Membership waitlist sits at an all-time high of approximately 95,000. Plan to open new Soho Houses in Mexico City, Portland, and Sao Paulo. Net loss attributable to Soho House & Co Inc. was $2.6 million or $0.01 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.87%
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Soho House & Co Inc.

NYSE:SHCO

SHCO Rankings

SHCO Stock Data

1.01B
50.40M
7.91%
57.86%
0.86%
Hotels (except Casino Hotels) and Motels
Accommodation and Food Services
Link
United States of America
NEW YORK

About SHCO

part of the membership collective group portfolio, the line and saguaro hotels are creative communities that bring together the best emerging talent in design, food, and beverage, and arts and culture. responsive to their location, each line and saguaro hotel is a unique destination for collaboration, travel, and discovery.