Financial Performance - Total revenues reached $370.8 million, reflecting an 11.2% year-over-year growth[4] - Membership revenues increased to $122.7 million, a 14.3% year-over-year rise[4] - Adjusted EBITDA was $53.8 million, up from $48.3 million in Q3 2024, with an Adjusted EBITDA margin of 15%[4][8] - Net loss attributable to Soho House & Co Inc. was $18.7 million, or $0.10 loss per share, including $14.0 million in non-cash foreign exchange losses[4] - For the 13 weeks ended September 28, 2025, the company reported a net loss of $17,010,000 compared to a net income of $718,000 for the same period in 2024, representing a significant decline[22] - Total revenues increased to $370,750,000 for the 13 weeks ended September 28, 2025, up from $333,368,000 in the prior year, marking a growth of 11%[27] - Adjusted EBITDA for the 13 weeks ended September 28, 2025, was $53,774,000, an increase of 11% from $48,281,000 in the same period of 2024[22] - Operating income for the 13 weeks ended September 28, 2025, was a loss of $6,004,000, compared to a profit of $37,884,000 in the prior year, indicating a substantial decrease[23] Membership and Growth - Total members grew by 0.8% year-over-year to 269,606, with Soho House members increasing by 2.8% to 213,830[11] - Membership revenues rose to $122,702,000 for the 13 weeks ended September 28, 2025, compared to $107,394,000 in 2024, reflecting a growth of 14%[27] - House Membership Revenues are primarily derived from annual membership fees and one-time legacy registration fees, with the latter no longer applicable to new members since April 4, 2022[33] - Membership revenues are influenced by the number of members, membership mix, and pricing, with higher prices generally in North America compared to the UK and Europe[43] Revenue Streams - In-House revenues were $126.1 million, a 4.5% increase year-over-year, with RevPAR up 2% on a like-for-like basis[4][8] - In-House revenues increased to $126,088,000 for the 13 weeks ended September 28, 2025, up from $120,658,000 in the previous year, showing a growth of 4%[27] - Other revenues rose to $122.0 million, marking a 15.8% year-over-year growth driven by Scorpios and Soho Home[4] - In-House revenues include all revenues generated within the Houses, such as food and beverage, accommodation, and spa services[34] Cash and Assets - Cash, cash equivalents, and restricted cash at the end of Q3 2025 totaled $148 million[10] - Cash flows from operating activities for the 39 weeks ended September 28, 2025, were $98,757,000, compared to $62,794,000 in the prior year, indicating improved cash generation[29] - The company ended the period with cash, cash equivalents, and restricted cash totaling $148,254,000, down from $156,318,000 at the beginning of the period[29] - Cash and cash equivalents as of September 28, 2025, totaled $142,490,000, a slight decrease from $142,816,000 as of September 29, 2024[30] - The company reported an increase in accounts receivable, net, to $68,317,000 as of September 28, 2025, down from $78,890,000 as of December 29, 2024[31] - Cash paid for income taxes increased to $7,268,000 for the 39 weeks ended September 28, 2025, compared to $3,768,000 for the same period in 2024[30] - Total assets increased to $2,684,224,000 as of September 28, 2025, compared to $2,443,512,000 as of December 29, 2024, reflecting a growth of approximately 9.8%[31] - Total liabilities rose to $3,033,128,000 as of September 28, 2025, up from $2,772,970,000 as of December 29, 2024, indicating an increase of about 9.4%[32] - The total current liabilities increased to $564,630,000 as of September 28, 2025, from $474,162,000 as of December 29, 2024, reflecting a rise of approximately 19.1%[32] Expansion and Operations - The company opened Soho Farmhouse Ibiza and enhanced Soho Farmhouse in the UK with new fitness amenities[3] - The company plans to further expand Soho Health Clubs in response to strong demand for health and wellness offerings[3] - As of September 28, 2025, Soho House & Co operates 46 Soho Houses and 8 Soho Works globally[50] - The company has expanded its portfolio to include Scorpios Beach Clubs in Mykonos and Bodrum, as well as The Ned locations in London, New York, and Doha[50] - Soho House & Co is the only company that has scaled a private membership network with a global presence since its inception in 1995[50] - The company offers a diverse membership platform that connects members through physical and digital spaces[50] - Soho Home, the company's interiors and lifestyle retail brand, is part of its broader offerings[50]

Core Viewpoint - Soho House & Co Inc. is currently under investigation for potential breaches of fiduciary duty, which may have significant implications for the company's governance and investor confidence [1] Company Summary - The investigation is being conducted by the DJS Law Group, indicating potential legal challenges ahead for Soho House & Co Inc. [1] - The nature of the alleged breaches suggests concerns regarding the management's responsibilities towards shareholders and overall corporate governance [1]

Core Insights - The Ademi Firm is investigating SoHo House for potential breaches of fiduciary duty and other legal violations related to its going-private transaction [1] - Shareholders of SoHo House will receive $9.00 per share in cash, indicating a total enterprise value of approximately $2.7 billion [1]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1][2]. Company Overview: Soho House & Co (SHCO) - SHCO currently holds a Momentum Style Score of A and a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperformance in the market [3][4]. - The company operates members-only luxury hotels and clubs under the Soho House brand, positioning it as a promising momentum pick [4]. Price Performance - Over the past week, SHCO shares increased by 0.23%, while the Zacks Hotels and Motels industry declined by 1.01% [6]. - In a longer timeframe, SHCO's shares have risen by 28.63% over the past quarter and 64.8% over the last year, significantly outperforming the S&P 500, which increased by 9.68% and 20% respectively [7]. Trading Volume - SHCO's average 20-day trading volume is 2,437,823 shares, indicating a bullish sign as rising stocks with above-average volume are generally viewed positively [8]. Earnings Outlook - In the past two months, one earnings estimate for SHCO has increased, while none have decreased, raising the consensus estimate from -$0.10 to $0.17 [10]. - For the next fiscal year, one estimate has moved upwards with no downward revisions, suggesting a positive earnings outlook [10]. Conclusion - Given the strong performance metrics and positive earnings revisions, SHCO is positioned as a strong buy with a Momentum Score of A, making it a noteworthy investment opportunity [12].

Group 1 - Carnival (CCL) is a notable stock in the Consumer Discretionary sector, currently outperforming the sector with a year-to-date return of 25.8% compared to the sector average of 10.9% [4] - The Zacks Rank for Carnival is 2 (Buy), indicating a positive earnings outlook and improving analyst sentiment, with a 7.2% increase in the full-year earnings estimate over the past three months [3][4] - Carnival is part of the Leisure and Recreation Services industry, which has gained about 10.7% this year, further highlighting its strong performance relative to its industry peers [6] Group 2 - Soho House & Co (SHCO) has also shown strong performance in the Consumer Discretionary sector, with a year-to-date return of 18.8% and a Zacks Rank of 1 (Strong Buy) [5] - The consensus estimate for Soho House & Co's current year EPS has increased significantly by 278.9% over the past three months, indicating a very positive outlook [5] - Soho House & Co belongs to the Hotels and Motels industry, which has experienced a decline of -12.9% this year, contrasting with its own strong performance [6]

Core Viewpoint - Kaskela Law LLC is investigating the proposed buyout of Soho House & Co Inc. to assess the fairness of the transaction for shareholders, particularly due to potential conflicts of interest involved in the deal [1][3]. Summary by Sections Buyout Details - On August 18, 2025, Soho House announced an agreement to be acquired by an investment group led by MCR and its Executive Chairman at a price of $9.00 per share in cash [2]. Conflicts of Interest - The investigation has revealed significant conflicts of interest, as Soho House's Executive Chairman Ron Burkle will retain his equity stake in the new private company, while minority shareholders will be cashed out at $9.00 per share, missing out on any future gains [3]. Shareholder Actions - Shareholders of Soho House are encouraged to contact Kaskela Law LLC for information regarding their legal rights and options related to the investigation [4].

Group 1 - Halper Sadeh LLC is investigating potential violations of federal securities laws and breaches of fiduciary duties related to the sale of Soho House & Co Inc. to affiliates of MCR for $9.00 per share in cash [1] - The firm is also looking into the sale of WideOpenWest, Inc. to affiliates of DigitalBridge Investments, LLC and Crestview Partners for $5.20 per share [2] - Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures, and other relief on behalf of shareholders, operating on a contingent fee basis [3] Group 2 - Shareholders are encouraged to contact Halper Sadeh LLC free of charge to discuss their legal rights and options [4] - The firm represents investors globally who have experienced securities fraud and corporate misconduct, recovering millions on behalf of defrauded investors [4]

Group 1 - Class Action Attorney Juan Monteverde's firm, Monteverde & Associates PC, has successfully recovered millions for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report [1] - The firm is currently investigating Soho House & Co Inc. (NYSE: SHCO) regarding its merger with affiliates of MCR Hotels, where Workhorse shareholders are set to receive $9.00 per share in cash [1] - The article raises the question of whether the proposed transaction is a fair deal for shareholders [1] Group 2 - Monteverde & Associates PC operates from the Empire State Building in New York City and is a national class action securities firm with a successful track record in various courts, including the U.S. Supreme Court [2] - The firm emphasizes that not all law firms are equal and encourages potential clients to inquire about their past recoveries and case successes [2][4]

Core Viewpoint - The Ademi Firm is investigating SoHo House for potential breaches of fiduciary duty and other legal violations related to its going-private transaction [1] Group 1: Transaction Details - Shareholders of SoHo House will receive $9.00 per share in cash, leading to a total enterprise value of approximately $2.7 billion [2] - Executive Chairman Ron Burkle and Yucaipa Companies will roll their controlling equity interests and maintain majority control of the business [2] - Insiders at SoHo House will receive significant benefits as part of the change of control arrangements [2] Group 2: Investigation Focus - The transaction agreement imposes significant penalties on SoHo House for accepting competing bids, which may limit competing transactions unreasonably [3] - The investigation is centered on the conduct of the SoHo House board of directors and whether they are fulfilling their fiduciary duties to all shareholders [3]

Core Viewpoint - Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Soho House & Co. Inc. for $9.00 per share in cash to an investor group led by MCR Hotels and its Chairman and CEO Tyler Morse [1][4]. Group 1: Sale Details - The sale price is set at $9.00 per share in cash [4]. - Soho Chairman Ron Burkle and his investment firm, Yucaipa, will roll over their controlling equity interests and retain majority control of the business [2][5]. - Other significant shareholders, including Richard Caring, Nick Jones, and Goldman Sachs, will also roll over the majority of their shares, while public stockholders will not have this opportunity [2][5]. Group 2: Board and Committee Actions - The sale was approved based on the recommendation of a purportedly independent Special Committee of the Board, indicating potential conflicts of interest among certain Board members [3][6]. - The investigation aims to determine if the Special Committee acted in the best interests of Soho shareholders, including the fairness of the sale price and the independence of its members [7].