Seritage Growth Properties (SRG)
Owns and sells former Sears real estate under a Plan of Sale.
$1.87
vs last close+0.01 (+0.27%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5 | 9 | 6 | 4 | 3 | 4 | 5 | 5 | 5 | 4 | 2 | 2 |
| Cost of revenue | 6 | 5 | 5 | 7 | 5 | 5 | 4 | 4 | 4 | 4 | 3 | 2 |
| Gross profit | −1 | 5 | 1 | −2 | −2 | 0 | 1 | 1 | 1 | 0 | −1 | 0 |
| 11 | 18 | 14 | 7 | 12 | 9 | 18 | 6 | 7 | 6 | 5 | 5 | |
| 8 | 16 | 9 | 7 | 7 | 7 | 16 | 6 | 5 | 5 | 5 | 5 | |
| General & administrative | 8 | 16 | 9 | 7 | 7 | 7 | 16 | 6 | 5 | 5 | 5 | 5 |
| Other expenses | 3 | 3 | 5 | 0 | 4 | 2 | 2 | 0 | 2 | 0 | 0 | 0 |
| Operating income | −12 | −14 | −14 | −9 | −14 | −9 | −17 | −5 | −6 | −6 | −5 | −5 |
| 11 | 18 | −5 | −90 | −8 | −2 | −5 | −23 | −6 | 1 | −25 | −1 | |
| Interest income | 2 | 0 | 1 | 1 | 0 | 1 | 1 | 1 | 0 | 1 | 0 | 0 |
| Interest expense | 10 | 7 | 7 | 6 | 7 | 6 | 5 | 5 | 1 | 5 | 3 | 3 |
| Other non-operating income | −21 | −25 | −2 | 84 | 1 | −4 | 0 | 2 | 5 | −5 | 22 | −2 |
| Income before tax | −1 | 4 | −19 | −100 | −22 | −11 | −22 | −28 | −12 | −5 | −30 | −6 |
| Income tax expense | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Net income from continuing operations | −1 | 4 | −19 | −101 | −22 | −11 | −22 | −29 | −12 | −5 | −32 | −7 |
| Net income | −1 | 4 | −19 | −101 | −22 | −11 | −22 | −29 | −12 | −5 | −32 | −7 |
| EPS, basic | −$0.02 | $0.04 | −$0.36 | −$1.82 | −$0.41 | −$0.22 | −$0.42 | −$0.53 | −$0.24 | −$0.12 | −$0.56 | −$0.13 |
| EPS, diluted | −$0.02 | $0.04 | −$0.36 | −$1.82 | −$0.41 | −$0.22 | −$0.42 | −$0.53 | −$0.24 | −$0.12 | −$0.56 | −$0.13 |
| Weighted average shares, basic | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 |
| Weighted average shares, diluted | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 |
| EBITDA | 12 | 14 | −7 | −92 | −11 | −3 | −15 | −5 | −10 | 0 | −27 | −3 |
| Depreciation & amortization | 3 | 3 | 5 | 1 | 4 | 2 | 2 | 2 | 2 | 1 | 0 | 0 |
| EBIT | 9 | 11 | −12 | −93 | −15 | −6 | −17 | −7 | −12 | 0 | −27 | −3 |
