{"schema_version":"secwatch.filing_event.v1","accession":"0001837671-24-000047","form_type":"8-K","ticker":"CPPTL","cik":"0001837671","company_name":"Copper Property CTL Pass Through Trust","filed_at":"2024-09-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.811995+00:00","generated_at":"2026-05-31T01:16:02.646538+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"JCPenney Q2 net sales fall 8.9% to $1.47B; net loss of $33M vs profit $36M a year ago","bullets":["Total net sales $1,467M, down from $1,610M; net loss $33M vs net income $36M in Q2 2023.","Adjusted EBITDA of $29M for six months ended August 3, 2024, reflecting margin improvements offset by sales declines.","Liquidity approximately $1.7B at period end; no outstanding borrowings on $1.75B revolving credit facility.","Gross profit rate improved 70bps to 39.4%; inventory down 2% YoY.","Comparable store sales for Master Lease properties decreased 7.7% for fiscal Q2 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001837671-24-000047","json":"https://secwatch.observer/filing/0001837671-24-000047.json","markdown":"https://secwatch.observer/filing/0001837671-24-000047.md","text":"https://secwatch.observer/filing/0001837671-24-000047.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1837671/000183767124000047/0001837671-24-000047-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1837671/000183767124000047/cpt-20240927.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T01:16:02.646538+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}