Overview

* Soho House ( SHCO ) Q2 revenue grows 8.9% yr/yr, beating analyst expectations

* Membership revenue rises 15.9% yr/yr, reflecting strong member engagement

* Co evaluating offer to go private at $9.00 per share, no assurances given

Outlook

* Company focuses on enhancing member experience and operational efficiency

* Soho House ( SHCO ) expands offerings with new health clubs and residencies

* Company notes uncertain consumer environment may impact future results

Result Drivers

* MEMBERSHIP GROWTH - Membership revenues grew 15.9% yr/yr, driven by enhanced member experience initiatives

* STRATEGIC INITIATIVES - New openings, refreshed spaces, and expanded cultural programming boosted member engagement

* REVPAR INCREASE - RevPAR rose 2% yr/yr, reflecting improved accommodation performance

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $329.80 $316.80

Revenue mln mln (2

Analysts

)

Q2 EPS $0.13

Q2 Net $24.88

Income mln

Q2 $46.13

Adjusted mln

EBITDA

Q2 14.0%

Adjusted

EBITDA

Margin

Q2 $59.72

Operatin mln

g Income

Analyst Coverage

* The one available analyst rating on the shares is "buy"

* The average consensus recommendation for the online services peer group is "buy"

* Wall Street's median 12-month price target for Soho House & Co Inc ( SHCO ) is $7.25, about 10.2% above its August 7 closing price of $6.51

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)