For Q1 FY2026 (ended March 31, 2026), Seritage Growth Properties reported revenue of $2.05 million, a decrease of 55.4% year-over-year. Net income was -$0.9 million (based on Q3 2023 data), and diluted EPS was -$0.56, a 33.3% decline. Cash stood at $44.5 million and equity at $299.9 million.
•Revenue fell 55.4% YoY to $2.05 million.
•Diluted EPS of -$0.56, down 33.3% from prior year.
•Cash and equity were $44.5 million and $299.9 million, respectively.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Seritage Growth Properties was principally engaged in the ownership, development, redevelopment, management, sale and leasing of diversified retail and mixed-use properties throughout the United States.
As of March 31, 2026, the Company's portfolio consisted of interests in 10 properties comprised of approximately 0.8 million square feet of gross leasable area or build-to-suit leased area and 154 acres of land.
The portfolio encompasses five consolidated properties consisting of approximately 0.3 million square feet of GLA and 71 acres (such properties, the Consolidated Properties) and five unconsolidated entities consisting of approximately 0.5 million square feet of GLA and 83 acres (such properties, the Unconsolidated Properties). Seritage Growth Properties was incorporated in 2015 in Maryland, USA.
Seritage Growth Properties is a real estate company focused on the ownership, development, redevelopment, management, sale, and leasing of diversified retail and mixed-use properties across the United States. As of March 31, 2026, its portfolio consisted of interests in 10 properties, including approximately 0.8 million square feet of gross leasable area or build-to-suit leased area and 154 acres of land. The portfolio is split into five consolidated properties (about 0.3 million square feet and 71 acres) and five unconsolidated entities (about 0.5 million square feet and 83 acres). The company was incorporated in 2015 in Maryland, USA.
Where is Seritage Growth Properties (SRG-PA) listed and what currency does it trade in?
Seritage Growth Properties is listed on the New York Stock Exchange (NYSE) under the ticker symbol SRG-PA. Its securities trade in US Dollars (USD), which is the official currency of the United States where the company is headquartered and operates.
What sector and industry does Seritage Growth Properties (SRG-PA) belong to?
Seritage Growth Properties operates in the Real Estate sector and is classified under the Real Estate Services industry. This means the company is primarily involved in providing services related to real estate, such as property development, management, leasing, and sales, rather than being a real estate investment trust (REIT) focused on owning income-producing properties. Its activities include redeveloping and managing diversified retail and mixed-use properties.
What is the geographic focus of Seritage Growth Properties (SRG-PA)?
Seritage Growth Properties is based in the United States, specifically incorporated in Maryland. Its operations are entirely domestic, with a portfolio of properties located throughout the country. The company's properties include retail and mixed-use spaces, and as of March 31, 2026, it held interests in 10 properties across the US, encompassing both consolidated and unconsolidated entities.
How does Seritage Growth Properties (SRG-PA) generate revenue?
Seritage Growth Properties generates revenue through the ownership, development, redevelopment, management, sale, and leasing of its real estate portfolio. The company earns income from leasing space in its retail and mixed-use properties to tenants, as well as from property sales and development activities. As of March 31, 2026, its portfolio included approximately 0.8 million square feet of gross leasable area or build-to-suit leased area, plus 154 acres of land, providing multiple revenue streams from both consolidated and unconsolidated properties.