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Soho House reports Q2 EPS (17c), consensus (11c)

Reports Q2 revenue $305.15M, consensus $302.87M. Reports Q2 RevPAR flat year-over-year. Total members in the second quarter grew to 264,540. “Our second quarter results reflect the strong appeal of Soho House globally, with Soho House membership growing 16% year-on-year and our waitlist increasing to approximately 111,000. We opened Soho House Sao Paulo with great feedback from members, and have continued to see significant demand for other recent openings including Mexico City and Portland. These positive membership trends have led us to raise our outlook for membership for the full year,” said Andrew Carnie, CEO of Soho House & Co.

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