secwatch.observer — SEC 8-K summary
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Issuer:     Seaport Entertainment Group Inc. (SEG)
CIK:        0002009684
Form:       8-K
Filed at:   2025-08-11T23:59:59+00:00
Accession:  0001558370-25-011074
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Seaport Entertainment Q2 net loss narrows to $14.8M; revenue up 18% YoY
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- Net loss of $14.8M ($1.16/sh) vs $35.0M loss ($6.34/sh) in Q2 2024; adjusted net loss $7.4M ($0.58/sh).
- Revenue $39.8M, up 18.2% YoY, driven by consolidation of Tin Building and growth across Seaport.
- Exploring strategic alternatives for 250 Water Street; signed new leases with Willett's NYC and Cork Wine Bar.
- Nike exercised early termination of Pier 17 office lease; received half of termination payment in Q2.
- Corporate restructuring with Jean-Georges completed; Tin Building and Fulton converted to license agreements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2009684/000155837025011074/0001558370-25-011074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2009684/000155837025011074/seg-20250811x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-011074

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