Name | Value |
---|---|
Revenues | 136.4M |
Cost of Revenue | 42.8M |
Gross Profit | 93.6M |
Operating Expense | 70.2M |
Operating I/L | 29.2M |
Other Income/Expense | -23.9M |
Interest Income | 0.0M |
Pretax | 5.4M |
Income Tax Expense | 26.7M |
Net Income/Loss | -21.3M |
SITE Centers is a real estate investment trust (REIT) that owns and manages open-air shopping centers. The company focuses on providing a compelling shopping experience and merchandise mix for retail partners and consumers. Through its fully integrated real estate operations, SITE Centers generates revenue by leasing space to retail tenants within its shopping centers. As a publicly traded company on the New York Stock Exchange, under the ticker symbol SITC, SITE Centers' business model revolves around creating attractive retail environments and maximizing the value of its real estate assets.