Soho House & Co Inc. (SHCO)
Soho House & Co Inc. (SHCO) is a private members' club company that operates a portfolio of exclusive social clubs, hotels, and restaurants primarily catering to creative professionals. Founded in 1995 in London, the company has expanded globally, offering upscale spaces for networking, relaxation, and entertainment. Soho House emphasizes a sophisticated, boutique atmosphere and combines hospitality with a community-centric approach.
Company News
Monteverde & Associates PC is investigating several corporate mergers involving Yotta Acquisition Corporation, WideOpenWest, Soho House, and TEGNA, potentially seeking shareholder compensation.
A comprehensive overview of recent mergers, acquisitions, and strategic moves across various industries, including tech, energy, and restaurant sectors, with notable deals involving OpenAI, Cenovus Energy, Soho House, and several private equity transactions.
Soho House & Co reported a quarterly loss of $0.17 per share, missing the Zacks Consensus Estimate of a loss of $0.11. The company's revenues of $305.15 million surpassed the consensus estimate. Soho House shares have lost about 31.9% since the beginning of the year.
The membership club missed estimates and offered disappointing guidance.