Soho House & Co Q3 Total Revenues $301M vs $306.256M Est.
Portfolio Pulse from Bill Haddad
Soho House & Co reported Q3 total revenues of $301M, slightly below the estimated $306.256M.
November 10, 2023 | 12:32 pm
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NEGATIVE IMPACT
Soho House & Co's Q3 revenues were lower than expected, which could negatively impact the company's stock price in the short term.
Companies that miss revenue estimates often see a negative impact on their stock price as investors may interpret this as a sign of underperformance. Therefore, SHCO's stock price may experience a short-term decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100