Name | Value |
---|---|
Revenues | 83.3M |
Cost of Revenue | 49.3M |
Gross Profit | 34.0M |
Operating Expense | 32.5M |
Operating I/L | 27.8M |
Other Income/Expense | -20.0M |
Interest Income | 0.0M |
Pretax | 7.8M |
Income Tax Expense | 0.4M |
Net Income/Loss | 7.4M |
Retail Opportunity Investments Corp. (NASDAQ: ROIC) is a leading real estate investment trust (REIT) specializing in acquiring, owning, and managing grocery-anchored shopping centers in densely populated, metropolitan markets across the West Coast. With 88 shopping centers covering approximately 10.1 million square feet, ROIC is the largest publicly-traded, grocery-anchored shopping center REIT focused exclusively on the West Coast. The company generates revenue through leasing space to grocery stores and other retail tenants, benefiting from the consistent foot traffic and stable demand for essential goods. ROIC's investment-grade corporate debt ratings from Moody's Investor Services, S&P Global Ratings, and Fitch Ratings, Inc., reflect its financial strength and stability.