{"schema_version":"secwatch.filing_event.v1","accession":"0001837671-26-000057","form_type":"8-K","ticker":"CPPTL","cik":"0001837671","company_name":"Copper Property CTL Pass Through Trust","filed_at":"2026-07-09T20:16:45+00:00","discovered_at":"2026-07-09T20:18:00.364746+00:00","generated_at":"2026-07-09T20:18:12.270877+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"JCPenney Q1 net sales $1.25B, operating loss $62M; store EBITDAR $27.8M","bullets":["Net sales $1,249M, down 4.6% YoY from $1,309M; net loss $65M vs $69M prior year.","Operating loss widened to $62M from $52M; gross margin pressured by tariffs, mix, and promotions.","Master lease store portfolio: 117 properties, 15.5M sq ft; Q1 EBITDAR $27.8M, rent coverage 0.9x.","No long-term debt outstanding vs $468M a year ago; $0.3B available under $1.75B revolver.","Company expects significant IEEPA tariff refunds in FY2026, none yet recorded."],"urls":{"canonical":"https://secwatch.observer/filing/0001837671-26-000057","json":"https://secwatch.observer/filing/0001837671-26-000057.json","markdown":"https://secwatch.observer/filing/0001837671-26-000057.md","text":"https://secwatch.observer/filing/0001837671-26-000057.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1837671/000183767126000057/0001837671-26-000057-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1837671/000183767126000057/cpt-20260709.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-09T20:18:12.270877+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"}