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Earnings Call Summary | Soho House(SHCO.US) Q1 2024 Earnings Conference

Earnings Call Summary | Soho House(SHCO.US) Q1 2024 Earnings Conference

業績電話會議摘要 | Soho House (SHCO.US) 2024 年第一季度業績會議
moomoo AI ·  05/10 16:24  · 電話會議

The following is a summary of the Soho House & Co Inc. (SHCO) Q1 2024 Earnings Call Transcript:

以下是Soho House & Co.(SHCO)2024年第一季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • Soho House & Co reported Q1 2024 revenues of $263 million, a 3% year-on-year growth mainly due to a 20% yearly increase in membership revenues.

  • Adjusted EBITDA reached $19.3 million, exceeding market predictions.

  • Despite a dip in cash balance to $145 million due to higher Capital Expenditure, the company maintained its cash-positive status.

  • Soho House & Co報告稱,2024年第一季度收入爲2.63億美元,同比增長3%,這主要是由於會員收入每年增長20%。

  • 調整後的息稅折舊攤銷前利潤達到1,930萬美元,超過了市場預期。

  • 儘管由於資本支出增加,現金餘額下降至1.45億美元,但該公司仍保持現金正狀態。

Business Progress:

業務進展:

  • A 17% year-on-year increase in total members to 198,000, backed by a 10% growth in Soho House & Co membership.

  • The waitlist grew by 15% over the year, now at over 100,000 potential members.

  • Introduction of personalized event recommendations via its app and enhancement of member facilities are underway.

  • Expansion continuing with an upcoming house in Sao Paulo, following successful launches in Portland and Mexico City.

  • Despite cost inflation, notable progress was made in improving food and beverage margins and maintaining positive cash flow from operating activities.

  • 會員總數同比增長17%,達到198,000人,這得益於Soho House & Co會員人數增長10%。

  • 候補名單同比增長了15%,現在有超過100,000名潛在會員。

  • 正在通過其應用程序引入個性化活動推薦,並增強會員設施。

  • 繼波特蘭和墨西哥城成功推出之後,擴建工作仍在繼續,即將在聖保羅建一座房屋。

  • 儘管成本上漲,但在提高食品和飲料利潤率以及保持經營活動產生的正現金流方面取得了顯著進展。

More details: Soho House IR

更多詳情: Soho House IR

Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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