December 19th, the market tried its best to climb to recover from a post-FOMC crumble that sent indexes reeling. Instead, the S&P 500 and Nasdaq closed lower. At least the Dow Jones broke its 10-day losing streak by a gain of 15 points. Just past 4 pm ET the$S&P 500 Index (.SPX.US)$fell 0.09%, the$Dow Jones Industrial Average (.DJI.US)$climbed 0.09%, and the$Nasdaq Composite Index (.IXIC.US)$fell 0.10%. The S&P 500 was down 3% for t...
$Soho House (SHCO.US)$Soho House & Co Inc. Announcement on offer from a third-party consortium to acquire the Company December 19, 2024 LONDON--(BUSINESS WIRE)--Soho House & Co Inc. (NYSE: SHCO) Earlier this week, the Board of Directors of Soho House & Co Inc. (the “Company”) received an offer from a new third-party consortium to acquire the Company for $9.00 per share, representing a premium of 83% to the closing price as of Wednesday, December 18, 2024. The offer is conditioned on cert...
$Soho House (SHCO.US)$Soho House & Co Inc. Announces Third Quarter 2024 Results LONDON, U.K. December 19, 2024— 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 third quarter ended September 29, 2024. Third Quarter 2024 Highlights •Total Members in the third quarter 2024 grew to 267,494 from 264,540 in second quarter 2024 and by 4.8% year-over-y...
Soho House's Q4 results were mixed, surpassing operating margin expectations but falling short in full-year revenue and adjusted EBITDA guidance. The company's reinvestments to stay relevant have drained resources, with negative free cash flow margin averaging -3.7% over the last two years.
Despite limited revenue growth expectations, investors are paying for Soho House & Co's stock. However, maintaining these prices could be hard as low revenue growth may impact shares. The P/S ratio suggests muted growth relative to the industry, and future revenues might not uphold positive sentiment.
WadeSEC : Thank you!
Marie Thermidor : Thanks for the wrap up
Johnsonite : I’m looking at RGTI. I’m wading through all of the bodily fluids to find my shirt.![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Cypher : @Kevin Travers
“Gold climbed, silver fell, and silver climbed, and treasuries climbed”
Silver fell and silver climbed.
Tankimpong : yes
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