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Mobico Group PLC (LSE:MCG) shares traded down 20% after reporting a deal to sell its North America School Bus business to I Squared Capital, in a deal that ascribes an enterprise value of up to $608 million. It includes an earn-out of $70 million, subject to performance, and is expected to complete in the third quarter of 2025.
Activist Third Point recently wrote a letter to Soho House, calling on the company's board to ensure a fair sales process for the company.
Membership Collective (MCG) delivered earnings and revenue surprises of 70.83% and 6.34%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
LONDON--(BUSINESS WIRE)---- $MCG #sohohouse--Soho House parent company Membership Collective Group ($MCG) will announce Q4 and End of Year 2022 results on March 8th, 2023
The Soho House is the core of MCG. MCG has strong network effect and pricing power.
Membership Collective (MCG) delivered earnings and revenue surprises of -360% and 1.88%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Membership Collective Group Inc. (NYSE:MCG ) Q3 2022 Earnings Conference Call November 16, 2022 9:00 AM ET Company Participants Thomas Allen - Chief Financial Officer Nick Jones - Founder Andrew Carnie - President & Incoming Chief Executive Officer Conference Call Participants Shaun Kelley - Bank of America Sharon Zackfia - William Blair Steven Zaccone - Citi Stephen Grambling - Morgan Stanley Operator Hello. My name is Chris and I'll be your conference operator today.
Membership Collective Group is growing revenues quickly on the back of a global expansion of its network of private members' clubs. Nearly triple-digit revenue growth for its last reported quarter came as the price of its commons collapsed.
Membership Collective Group Inc. (NYSE:MCG ) Q2 2022 Results Earnings Conference Call August 17, 2022 9:00 AM ET Company Participants Thomas Allen - Chief Financial Officer Nick Jones - Founder and Chief Executive Officer Andrew Carnie - President Conference Call Participants Steven Zaccone - Citigroup Shaun Kelley - Bank of America Ali Naqvi - HSBC Operator Good morning. My name is Rob and I'll be your conference operator today.
Membership Collective (MCG) delivered earnings and revenue surprises of -127.78% and 3.25%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?