Soho House & Co Inc. Update on Expected Timing of Third Quarter 2024 Results and Investor Day
Soho House & Co (NYSE: SHCO) has announced a delay in filing its Form 10-Q for the third quarter of 2024, covering the 13-week and 39-week periods ended September 29, 2024. The company expects to file the report in mid-December 2024. Following the earnings release and 10-Q filing, the company plans to hold an Investor Day in early 2025 to discuss growth opportunities. The delay comes after the company's previous Form 12b-25 filing on November 6, 2024, stating it couldn't file by the original November 13, 2024 deadline without unreasonable effort or expense.
Soho House & Co (NYSE: SHCO) ha annunciato un ritardo nella presentazione del suo Modulo 10-Q per il terzo trimestre del 2024, relativo ai periodi di 13 e 39 settimane terminati il 29 settembre 2024. L'azienda prevede di presentare il rapporto metà dicembre 2024. Dopo il rilascio dei risultati e la presentazione del 10-Q, l'azienda intende tenere un Investor Day all'inizio del 2025 per discutere le opportunità di crescita. Il ritardo è avvenuto dopo la precedente presentazione del Modulo 12b-25 il 6 novembre 2024, in cui si affermava che non sarebbe stata in grado di presentare entro la scadenza originale del 13 novembre 2024 senza sforzi o spese irragionevoli.
Soho House & Co (NYSE: SHCO) ha anunciado un retraso en la presentación de su Formulario 10-Q para el tercer trimestre de 2024, que abarca los períodos de 13 y 39 semanas que terminaron el 29 de septiembre de 2024. La compañía espera presentar el informe en mediados de diciembre de 2024. Después del lanzamiento de las ganancias y la presentación del 10-Q, la compañía planea realizar un Día del Inversor a principios de 2025 para discutir oportunidades de crecimiento. El retraso se produce tras la presentación previa de su Formulario 12b-25 el 6 de noviembre de 2024, indicando que no podría presentar antes de la fecha límite original del 13 de noviembre de 2024 sin esfuerzos o gastos desproporcionados.
소호 하우스 & 코 (NYSE: SHCO)는 2024년 3분기 10-Q 양식 제출이 지연되었음을 발표했습니다. 이 양식은 2024년 9월 29일로 마감되는 13주 및 39주 기간을 포함합니다. 회사는 보고서를 2024년 12월 중순에 제출할 것으로 예상하고 있습니다. 수익 발표 및 10-Q 제출 이후, 회사는 2025년 초에 성장 기회를 논의하기 위해 투자자 회의를 열 계획입니다. 이 지연은 2024년 11월 6일에 제출된 12b-25 양식 이후 발생했으며, 원래 2024년 11월 13일 마감일까지 제출할 수 없음을 알렸습니다.
Soho House & Co (NYSE: SHCO) a annoncé un retard dans le dépôt de son formulaire 10-Q pour le troisième trimestre de 2024, couvrant les périodes de 13 et 39 semaines se terminant le 29 septembre 2024. L'entreprise prévoit de déposer le rapport mi-décembre 2024. Suite à la publication des résultats et au dépôt du 10-Q, l'entreprise prévoit de tenir un Investor Day début 2025 pour discuter des opportunités de croissance. Ce retard intervient après le dépôt précédent du formulaire 12b-25 le 6 novembre 2024, dans lequel il était indiqué qu'elle ne pouvait pas déposer avant l'échéance originale du 13 novembre 2024 sans un effort ou des dépenses déraisonnables.
Soho House & Co (NYSE: SHCO) hat eine Verzögerung bei der Einreichung seines Formulars 10-Q für das dritte Quartal 2024 bekannt gegeben, das die 13- und 39-wöchigen Perioden bis zum 29. September 2024 abdeckt. Das Unternehmen erwartet, den Bericht mitte Dezember 2024 einreichen zu können. Nach der Bekanntgabe der Ergebnisse und der Einreichung des 10-Q plant das Unternehmen, Anfang 2025 einen Investorentag abzuhalten, um Wachstumschancen zu erörtern. Die Verzögerung folgt auf die vorherige Einreichung des Formulars 12b-25 am 6. November 2024, in dem erklärt wurde, dass das Unternehmen den ursprünglichen Abgabetermin am 13. November 2024 ohne unzumutbaren Aufwand oder Kosten nicht einhalten könne.
- None.
- Delayed filing of Q3 2024 Form 10-Q beyond statutory deadline
- Postponement of Investor Day to early 2025
- Inability to meet regulatory filing requirements on time indicates potential internal challenges
Insights
The delayed filing of Q3 2024 results and postponement of the Investor Day raises significant governance concerns. This marks the second delay in financial reporting, following the Form 12b-25 filing on November 6. Such delays often indicate underlying complexities in financial reporting or potential issues that require additional scrutiny. The company's inability to meet regulatory deadlines could impact investor confidence and potentially affect compliance with NYSE listing requirements if delays persist. The vague explanation of "unreasonable effort or expense" provides transparency and may warrant closer examination of internal controls and reporting processes.
The Company will issue subsequent announcements with the specific timing of the Third Quarter 10-Q filing and earnings, and Investor Day.
As previously explained in its Form 12b-25, filed on November 6, 2024 https://www.sec.gov/Archives/edgar/data/1846510/000119312524252210/d874150dnt10q.htm, the Company determined that it was unable to file, without unreasonable effort or expense, its Third Quarter 10-Q by the prescribed filing due date of November 13, 2024.
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Source: Soho House & Co Inc.
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