Soho House (SHCO) CEO Carnie sold $1.2m in shares

Published 23/07/2025, 00:24
Soho House (SHCO) CEO Carnie sold $1.2m in shares

Soho House & Co Inc. NASDAQ:SHCO Chief Executive Officer Andrew Carnie sold a total of 189,436 shares of Class A Common Stock between July 21 and July 22, 2025. The sales, which totaled $1,228,796, occurred at prices ranging from $6.3775 to $6.6086.

According to a Form 4 filing with the Securities and Exchange Commission, the sales were to cover tax obligations related to the vesting of restricted stock units. InvestingPro analysis reveals the company faces some challenges, with short-term obligations exceeding liquid assets and no profitability over the last twelve months. Subscribers can access 5 additional key insights about SHCO.

On July 19, Carnie also exercised 401,845 Restricted Stock Units, each representing one share of Class A common stock. The company is scheduled to report its next earnings on August 8, 2025, which could provide more clarity on its financial position.

In other recent news, Soho House & Co Inc. reported impressive first-quarter earnings and revenue figures. The company posted adjusted earnings per share of $0.04 for the quarter ending March 30, 2025, surpassing analyst expectations, which had projected a loss of $0.12 per share. Total (EPA:TTEF) revenue increased by 8% year-over-year to $282.9 million, although this was slightly below the consensus estimate of $289.73 million. Despite not meeting revenue expectations, the strong growth across key segments was noted. These developments have captured the attention of investors and analysts alike. The positive earnings surprise highlights the company’s performance in the recent quarter. Investors are closely monitoring these updates as they assess the company’s financial health and potential future growth.

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