secwatch.observer — SEC 8-K summary
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Issuer:     RETAIL OPPORTUNITY INVESTMENTS CORP (—)
CIK:        0001407623
Form:       8-K
Filed at:   2024-04-23T23:59:59+00:00
Accession:  0001407623-24-000069
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ROIC Q1 net income $11M, FFO $0.28; acquires $70.1M center, reaffirms guidance
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- Net income $11.0M ($0.09 diluted EPS), FFO $37.9M ($0.28 diluted) for Q1 2024.
- Same-center cash NOI up 5.7% YoY; portfolio 96.4% leased, 40th consecutive quarter above 96%.
- Acquired Bressi Ranch Village Center in Carlsbad, CA for $70.1M in April 2024.
- Dispositions under contract for $68.2M; retired $26.0M mortgage in April 2024.
- 2024 FFO guidance reaffirmed at $1.03–$1.09/diluted share; $0.15 dividend declared.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1407623/000140762324000069/0001407623-24-000069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1407623/000140762324000069/roic-20240423.htm
  HTML page:      https://secwatch.observer/filing/0001407623-24-000069

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