secwatch.observer — SEC 8-K summary
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Issuer:     Seaport Entertainment Group Inc. (SEG)
CIK:        0002009684
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001104659-26-056308
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Seaport Entertainment Q1 net loss $44M ($3.47/sh) vs $31.9M; adjusted loss narrows
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- Q1 2026 revenues $12.7M (-20.7% YoY); net loss $43.8M ($3.47/sh) vs $31.5M loss YoY.
- Adjusted net loss improved 21.4% to $17.9M ($1.41/sh) from $22.8M.
- Sold 250 Water Street site for $143M; net proceeds $76.1M after repaying $61.3M debt.
- Executed 5-year lease with Lux Entertainment for Balloon Museum flagship in Tin Building.
- Opened Sadie's restaurant and transitioned GITANO NYC to lease at Pier 17.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2009684/000110465926056308/0001104659-26-056308-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2009684/000110465926056308/seg-20260506x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-056308

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