Core Insights - Soho House & Co (SHCO) closed the last trading session at $5.34, reflecting a gain of 1.9% over the past four weeks [1] - Wall Street analysts have set a mean price target of $6.90 for the stock, indicating a potential upside of 29.2% from the current price [1]

Core Viewpoint - Soho House & Co (SHCO) is anticipated to report a year-over-year increase in earnings driven by higher revenues, with the actual results being a significant factor influencing its near-term stock price [1][2]. Financial Expectations - The upcoming earnings report is expected to show a quarterly loss of $0.01 per share, reflecting a year-over-year improvement of +95.5%. Revenues are projected to reach $334.62 million, marking an 11.2% increase from the previous year [3]. - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a stable outlook from covering analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for Soho House is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -200%, suggesting a bearish sentiment among analysts regarding the company's earnings prospects [10]. - The stock currently holds a Zacks Rank of 3, complicating predictions of an earnings beat [11]. Historical Performance - In the last reported quarter, Soho House was expected to post a loss of $0.11 per share but actually reported a loss of $0.17, resulting in a surprise of -54.55%. The company has not surpassed consensus EPS estimates in any of the last four quarters [12][13]. Conclusion - Soho House does not appear to be a strong candidate for an earnings beat, and investors should consider additional factors when evaluating the stock ahead of its earnings release [16].

Financial Data and Key Metrics Changes - Membership revenues increased by 16% year-on-year to $104 million, and total revenues grew by 6% year-on-year to $305 million [6][9][12] - Adjusted EBITDA grew by $2 million year-on-year to $33 million, with house-level contribution up 12% year-on-year [5][10][12] - The company ended the quarter with $154 million in cash and cash equivalents, and net debt decreased to $665 million, with a net debt to adjusted EBITDA ratio of five times [11] Business Line Data and Key Metrics Changes - In-house revenues were up 2% year-on-year, showing improvement in footfall and spend per visit [6][9] - House-level margins increased by approximately 100 basis points to 27%, despite the impact of new house openings [9][10] - Other revenues decreased by 1% year-on-year, primarily due to initial impacts from new locations [9] Market Data and Key Metrics Changes - Membership demand remains strong, with a global waitlist of 111,000 and total membership reaching 204,000 [4][5] - The company reported consistent trends across major geographic regions, including the Americas, UK, and Europe [16] Company Strategy and Development Direction - The company plans to open new locations in Madrid, Milan, Barcelona, and Tokyo, enhancing membership demand [5][12] - Focus on operational excellence and member experience, including improved service and dining options [6][7] - Strategic initiatives have led to a 12% increase in house-level contribution, despite short-term impacts from new openings [8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued membership growth and improved financial performance, raising year-end membership guidance to over 212,000 [12] - The company acknowledged ongoing challenges in the entertainment industry but noted improvements in member spend and satisfaction [20][23] Other Important Information - The company plans to hold an Investor Day in New York on December 5, 2024, to discuss long-term growth and profitability [13] - The company has initiated a $50 million share repurchase program, repurchasing $5 million of shares in the quarter [11] Q&A Session Summary Question: Insights on house revenue improvement by region - Management noted strong membership demand and improved footfall trends across all major geographies, with no significant regional variance [15][16] Question: Preliminary planning for 2025 membership count growth - Management indicated it is too early to provide guidance for 2025, with more details to be shared at the upcoming Investor Day [17] Question: Plans for new house openings - Management confirmed plans to open two to four new houses, with recent openings in Portland and Sao Paulo, and upcoming openings in Manchester and Barcelona [19] Question: Impact of the Hollywood strike on in-house revenues - Management acknowledged ongoing impacts from the entertainment industry but noted improvements in member spend across houses [20] Question: Cross-border travel trends - Management reported a good season in Europe, with increased occupancy and average daily rates, particularly benefiting from events like the Olympics in Paris [23] Question: Performance of new Bodrum location and future openings - Management expressed confidence in the Bodrum location's performance and indicated that Tulum is still under construction [27][28] Question: Member satisfaction and retention - Management highlighted that members desire unique experiences and great service, with no significant changes in member retention noted [29][30]

Soho House & Co (SHCO) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.01 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -54.55%. A quarter ago, it was expected that this operator of members-only luxury hotels and clubs under the Soho House brand would post a loss of $0.22 per share when it actually produced a loss of $0.24, delivering a su ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Title of each classTrading Symbol(s)Name of each exchange on which registered Class A Common Stock, par value $0.01 per share SHCO New York Stock Exchange FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Com ...

| --- | --- | --- | |-------|-------|-------------------------------------------| | | | Exhibit 99.1 | | | | Investor Relations ir@sohohouseco.com | | | | Media and Press press@sohohouseco.com | Soho House & Co Inc. Announces Second Quarter 2024 Results LONDON, U.K. August 09, 2024— Soho House & Co Inc. (NYSE: SHCO) ("SHCO," "Company," "we" or "our"), a global membership platform that connects a vibrant, diverse, and global group of members, today announced results for the second quarter ended June 30, 2024 ...

Soho House & Co Inc. (NYSE:SHCO) Q1 2024 Earnings Conference Call May 10, 2024 9:00 AM ET Company Participants Andrew Carnie - Chief Executive Officer Thomas Allen - Chief Financial Officer Conference Call Participants Shaun Kelley - Bank of America George Kelly - ROTH MKM Sharon Zackfia - William Blair Steven Zaccone - Citi Operator Good morning. My name is Audra and I will be your conference operator today. At this time, I would like to welcome everyone to the Soho House & Co Inc First Quarter 2024 Result ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from Commission File Number: 001-40605 Soho House & Co Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 86-3664553 (State or other jurisdiction o ...

"Total revenues grew 3% in the quarter, and we have seen steady improvement in underlying trends since the start of the year. This, coupled with continued strong execution, gives us confidence to raise the midpoint of our Adjusted EBITDA guidance." "I'd like to thank our teams for their passion and hard work, and members around the world for their continued loyalty." • Total Members in the first quarter 2024 grew to 261,571 from 259,884 in fourth quarter 2023 and by 9.9% year-over-year o Soho House Members ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 18, 2024 Soho House & Co Inc. (Exact name of Registrant as Specified in Its Charter) Securities registered pursuant to Section 12(b) of the Act: | | Trading | | | --- | --- | --- | | Title of each class | Symbol(s) | Name of each exchange on which registered | | Class A Common Stock, par ...