Seritage reports 2025 net loss $73.1M; raises going concern doubt

Seritage Growth Properties

Q4 net loss $6.3M ($0.11 per share); full year net loss $73.1M ($1.30 per share).
Generated $230.7M gross proceeds from sales in 2025; repaid $190M debt, leaving $50M term loan maturing July 2026.
Company says insufficient cash and proceeds to meet obligations, creating substantial doubt about going concern.
Recognized $18.8M impairment on consolidated properties and $8.5M other-than-temporary impairment on unconsolidated entity.
Multiple securities class action and derivative lawsuits filed; company intends to vigorously defend.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Seritage Growth Properties reported the year ended December 31, 2025 results: net income ($73.1) million, EPS ($1.30) per share.

Period: the year ended December 31, 2025
Net income: ($73.1) million
EPS: ($1.30) per share
Result: reported results

Exact text from the filing

Net loss attributable to common shareholders of ($6.3) million, or ($0.11) per share and ($73.1) million, or ($1.30) per share for the three and twelve months ended December 31, 2025, respectively.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Seritage Growth Properties reported the three months ended December 31, 2025 results: net income ($6.3) million, EPS ($0.11) per share.

Period: the three months ended December 31, 2025
Net income: ($6.3) million
EPS: ($0.11) per share
Result: reported results

Exact text from the filing

Net loss attributable to common shareholders of ($6.3) million, or ($0.11) per share and ($73.1) million, or ($1.30) per share for the three and twelve months ended December 31, 2025, respectively.

View on SEC.gov

1349 earnings releases filed in the last 30 days. Browse all earnings releases →

Seritage Growth Properties filing history →

Source: SEC EDGAR

accession 0001193125-26-134804

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.