Soho House Sees FY23 Revenue Of $1.12B–$1.19B Compared To Prior Guidance Of $1.1B-$1.2B And Consensus Of $1.17B; Expects Adjusted EBITDA Of $126M-$134M Up From Prior Guidance Of $122M-$132M
Portfolio Pulse from Benzinga Newsdesk
Soho House has updated its FY23 revenue guidance to $1.12B-$1.19B, compared to its previous guidance of $1.1B-$1.2B and consensus of $1.17B. The company also expects its adjusted EBITDA to be $126M-$134M, up from the prior guidance of $122M-$132M.
August 11, 2023 | 11:42 am
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Soho House's updated FY23 revenue and EBITDA guidance, both higher than previous estimates, could positively impact its stock price.
Soho House has raised its FY23 revenue and EBITDA guidance, which are key indicators of a company's financial health and profitability. This upward revision indicates that the company expects better financial performance than previously estimated, which could make its stock more attractive to investors and potentially drive its price up.
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