SRG Seritage Growth Properties

BEARISH Impact: 8/10 8-K
Horizon weeks Filed Mar 31, 2026 Processed 2mo ago SEC 0001193125-26-134804
earnings-rerun-backfill
Latest settled — T+20d
SRG-PA ▼ -8.07% at T+20d
SHORT call ✓ call won +8.07% · α vs SPY +17.79% · entry $23.00 → $21.15
Next anchor: T+60d in 11d
Last close $2.63 (close Jun 12) · +88.57% from $23.00 entry (call sign-flipped)
Entry anchored
Mar 31, 2026
via day open
T+1d
-3.91%
call +3.91% · α +3.99%
$22.10
settled 3mo ago
T+5d
-3.78%
call +3.78% · α +7.55%
$22.13
settled 2mo ago
T+20d
-8.07%
call +8.07% · α +17.79%
$21.15
settled 7w ago
T+60d
call — · α —
in 11d

Price Chart

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Executive Summary

Seritage Growth Properties reported a full-year 2025 net loss of $73.1 million, or $1.30 per share, compared to a loss of $158.4 million, or $2.82 per share, in 2024. The company generated $230.7 million in gross proceeds from asset sales and reduced its term loan balance to $50.0 million. However, it disclosed substantial doubt about its ability to continue as a going concern due to upcoming debt maturity and insufficient liquidity.

Actionable Insight

Monitor upcoming refinancing efforts for the $50 million term loan due July 31, 2026, as failure could lead to bankruptcy. The going concern warning suggests significant risk to equity holders despite improved losses.

Key Facts

  • Net loss attributable to common shareholders was $73.1 million in 2025 vs $158.4 million in 2024
  • Generated $230.7 million in gross proceeds from asset sales during 2025
  • Reduced term loan facility balance to $50.0 million from $240.0 million
  • Company has substantial doubt about its ability to continue as a going concern
  • Term loan facility matures on July 31, 2026 with no assurance of refinancing

Financial Impact

Net loss decreased by $85.3 million year-over-year, but company faces going concern risk

net lossdebtliquiditygoing concern

Risk Factors

  • Substantial doubt about going concern status due to upcoming debt maturity
  • Insufficient liquidity to fund ongoing obligations
  • Continued challenging real estate market conditions with elevated interest rates

Market Snapshot

Exchange
NYSE
Sector
Real Estate

Documents Analyzed

This report is based on 6 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001193125-26-134804
Document: srg-20260331.htm0001193125-26-134804
Document: 0001193125-26-134804-index-headers.html0001193125-26-134804
Document: 0001193125-26-134804-index.html0001193125-26-134804
Document: 0001193125-26-134804.txt0001193125-26-134804
8-K Data (Synthetic)0001193125-26-134804
5 reports for SRG
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for SRG — sortable, filterable
Type Now
Jun 1, 2026
13d ago
8-K
NEUTRAL ★ 3/10
$20.90 $20.90· 0.00%▲ +0.72%$2.63 (−87.42%)
May 15, 2026
4w ago
8-K
BEARISH ★ 8/10
$20.62 $20.50▲ +0.58%▲ +0.52%$2.63 (+87.25%)
Apr 20, 2026
7w ago
8-K
NEUTRAL ★ 3/10
$21.35 $21.65▲ +1.40%▲ +0.39%$2.63 (−87.68%)
Mar 31, 2026
10w ago
8-K
BEARISH ★ 8/10
$23.00 $22.10▲ +3.91%▲ +3.99%$2.63 (+88.57%)
Feb 25, 2026
15w ago
8-K
NEUTRAL ★ 3/10
$3.00 $2.96▼ −1.33%▼ −0.88%$2.63 (−12.33%)
Showing 5 of 5

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