LONDON (AP) — LONDON (AP) — Soho House & Co Inc (SHCO) on Friday reported a loss of $46 million in its first quarter.
On a per-share basis, the London-based company said it had a loss of 24 cents.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 22 cents per share.
The operator of members-only luxury hotels and clubs under the Soho House brand posted revenue of $263.1 million in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $258.3 million.
Soho House expects full-year revenue in the range of $1.2 billion to $1.25 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SHCO at https://www.zacks.com/ap/SHCO
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