Soho House & Co Inc. (NYSE:SHCO) Q3 2023 Earnings Conference Call November 10, 2023 9:00 AM ET

Company Participants

Thomas Allen - Chief Financial Officer

Andrew Carnie - Chief Executive Officer

Conference Call Participants

Sharon Zackfia - William Blair

Shaun Kelley - Bank of America Merrill Lynch

Steven Zaccone - Citi

John-Paul Wollam - ROTH MKM

Stephen Grambling - Morgan Stanley

Operator

Ladies and gentlemen, thank you for standing by. My name is Bhavesh, and I'll be your conference operator today. At this time, I would like to welcome everyone to the Soho House & Co's Third Quarter 2023 Results Conference Call and Webcast. At this time, all lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions]

I will now hand the call over to Thomas Allen, Soho House & Co's Chief Financial Officer. You may begin your conference.

Thomas Allen

Thank you for joining us today to discuss Soho House & Co's third quarter financial results. My name is Thomas Allen, and I'm the Chief Financial Officer. I'm here with Andrew Carnie, our CEO.

Today's discussion contains forward-looking statements that represent our beliefs or expectations about future events. All forward-looking statements involve risks and uncertainties that could cause the actual results to differ materially from the forward-looking statements. Some of the factors that may cause such differences are described in our SEC filings. Any forward-looking statements represent our views only as of today, and we assume no obligation to update any forward-looking statements if our views change. By now, you should have access to our third quarter earnings release, which can be found at sohohouseco.com in the News & Events section.

Additionally, we have posted our third quarter presentation, which can also be found in the News & Events section on our site. During the call, we also refer to certain non-GAAP financial measures. These non-GAAP measures should be considered in addition to and not as a substitute for or in isolation from our GAAP results. Reconciliation for the most comparable GAAP measures are available in today's earnings press release.

Now let me hand it over to Andrew.

Andrew Carnie

Thanks, Thomas, and good morning, everyone. I am going to start by talking you through the quarter's highlights, then provide an update on the progress we have made against our strategic priorities. I'll then hand over to Thomas to talk through the financial performance, give an update on our balance sheet and our guidance before we move on to Q&A.