Earnings ReportQ4 revenues of $291M, below the expected $307M and the Street's $304M, signaling a potential concern for investors regarding the company's financial performance.
Financial ForecastForecast for fewer Soho House openings due to development headwinds, resulting in lowered revenue and adjusted EBITDA estimates for the upcoming years, painting a cautious picture for future profitability.
Growth StrategySoho House now plans on opening 2-4 houses per year, a reduction from the previously projected 5-7 houses, which may indicate a slowdown in the company's expansion strategy.