Soho House & Co Inc. (NYSE: SHCO) Shares Soared 56% on Buyout Offer and Robust Q3 Results

Shares of Soho House & Co Inc. (NYSE: SHCO) surged 56% after the company announced a major buyout offer and posted robust third-quarter financial results.

Soho House & Co Inc. (NYSE:SHCO) shares soared on Thursday after the company announced a major buyout offer and posted robust third-quarter financial results.

The buyout proposal, from a third-party consortium, values Soho House at $9.00 per share, representing an 83% premium over the December 18, 2024, closing price.

Key shareholders, including Executive Chairman Ron Burkle and The Yucaipa Companies, have expressed support for the deal, contingent on rolling over their equity interests.

To evaluate the offer, the Board of Directors has formed a Special Committee, with no further public updates expected until a final decision is made.

Market enthusiasm reflects confidence in the potential acquisition, seen as a strong endorsement of the company’s intrinsic value.

Soho House also delivered a strong performance in its third-quarter earnings, reporting a 13.6% year-over-year (YoY) increase in total revenue to $333.4 million.

Membership revenues grew by 16.7% YoY, reaching $107.4 million and contributing 32.2% to total revenues.

The company reported a 4.8% YoY increase in total members, along with a 13% rise in Soho House-specific memberships. A record-high waitlist for memberships underscores continued demand for its exclusive offerings.

Soho House operates a unique global membership network that blends physical and digital spaces, catering to a vibrant and diverse community of creatives, entrepreneurs, and professionals.

Members enjoy curated environments for work, socializing, and collaboration across the globe.

The combination of a premium buyout offer and strong financial growth highlights investor confidence in Soho House’s future, driving the stock’s dramatic surge.