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Soho House & Co Inc. Announces Fourth Quarter and Fiscal Year 2024 Results

1. SHCO's Q4 revenues rise 5.4%, membership income surges 15.6%. 2. Total revenue reached $305.6 million, indicating positive growth trends.

Earnings
+3.07%Current Return
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+0.32%S&P 500
$6.1803/31 05:35 PM EDTEvent Start
$6.3704/01 11:54 PM EDTLatest Updated
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FAQ

Why Bullish?

SHCO’s strong membership revenue growth indicates solid demand and customer loyalty, reminiscent of growth seen in companies like ClubCorp prior to their acquisition, where similar membership models thrived.

How important is it?

The strong performance in membership revenues and overall revenue growth signals robust company health and investor confidence, likely increasing stock interest and price.

Why Short Term?

The immediate positive performance metrics can lead to a short-term price increase, similar to reactions from previous earnings announcements in the hospitality and membership sectors.

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CLUBMARDESP
LONDON--(BUSINESS WIRE)---- $SHCO--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 fourth quarter and fiscal year ended December 29, 2024. Fourth Quarter 2024 Highlights Total revenues of $305.6 million, 5.4% year-over-year growth Membership revenues grew to $109.3 million, a 15.6% increase year-over-year In-House revenues of $123.4 million, down 1.5% year-.

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