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.
Soho House & Co Inc. (SHCO) is a global membership platform whose news flow is closely tied to its financial performance, membership trends and corporate transactions. Company press releases regularly provide detailed quarterly and annual results, including Total revenues, Membership revenues, In‑House revenues and Other revenues, along with metrics such as Revenue Per Available Room (RevPAR), House‑Level Contribution, Other Contribution and Adjusted EBITDA.
Investors following SHCO news can expect frequent updates on membership growth, the number of Soho Houses and other locations, and the composition of the membership base across Soho House, Soho Friends and Soho Works. The company also reports on Active App Users and highlights member satisfaction scores as part of its strategic focus on growing and enhancing membership.
News items often discuss operational performance in areas such as Food & Beverage margins, accommodation performance and like‑for‑like RevPAR, as well as progress on finance and operational system transformations. Releases also describe new House openings, experiential concepts like Soho Farmhouse Ibiza, and developments in related brands such as Soho Home and Scorpios Beach Clubs.
A major theme in recent Soho House & Co news has been the proposed take‑private transaction. The company has reported on an offer to acquire outstanding shares for $9.00 per share in cash, the formation and work of a Special Committee, the signing of a definitive Merger Agreement, stockholder approvals, and subsequent financing arrangements with parties including entities associated with MCR, Apollo and Goldman Sachs‑affiliated funds. These updates outline the expected delisting of SHCO from the New York Stock Exchange upon completion of the merger.
By tracking SHCO news, readers can monitor earnings releases, membership statistics, strategic initiatives, management changes and milestones related to the pending merger and capital structure.
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On March 20, 2023, Membership Collective Group began trading on the NYSE as Soho House & Co Inc. (ticker: SHCO). This rebranding emphasizes the company’s global membership business and its various hospitality and lifestyle brands, including The Ned, Soho Home, and Soho Works. CEO Andrew Carnie stated that the name change reflects the brand's heritage created by Nick Jones over 28 years. Soho House & Co Inc. aims to connect diverse and creative members through unique physical and digital spaces worldwide.