Soho House Check-Up Months After Dire Report: What the Latest Numbers Show
Photo Credit: Soho House 76 Dean Street in London. Source: Soho House. Soho House
Skift Take
Soho House is continuing its streak of losing money every year since its founding in 1995. But it also appears to be improving on key metrics.
Soho House's share price closed Friday up 3%, with investors modestly liking what the membership club operator had to say about its recent performance.
"It's been a solid start to 2024 ... with strong demand in membership and high growth in membership revenues," said CEO and director Andrew Carnie during an earnings call.
The cheer sharply contrasted with February, when short-seller Glasshouse Research questioned the company’s accounting practices at the hospitality company.
Here are five key points from the company's first-quarter results and earnings ca
