secwatch.observer — SEC 8-K summary
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Issuer:     Soho House & Co Inc. (—)
CIK:        0001846510
Form:       8-K
Filed at:   2024-05-10T23:59:59+00:00
Accession:  0000950170-24-057460
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Soho House Q1 net loss widens to $46M; membership revenue up 20.4%
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- Total revenues $263.1M (+3.1% YoY); membership revenue $100.2M (+20.4% YoY).
- Soho House members grew 17.4% to 198,021; total members 261,571, waitlist ~102k all-time high.
- Net loss $46.0M ($0.24/share) vs loss of $15.9M ($0.08) prior year; adj. EBITDA $19.3M vs $20.1M.
- In-House revenues $110.4M (-5% YoY); RevPAR down 3% like-for-like.
- Raised midpoint of adjusted EBITDA guidance; opened Portland, soon Sao Paulo.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1846510/000095017024057460/0000950170-24-057460-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1846510/000095017024057460/shco-20240510.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-057460

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer