Name | Value |
---|---|
Revenues | 4,653.0K |
Cost of Revenue | 3,929.0K |
Gross Profit | 724.0K |
Operating Expense | 6,172.0K |
Operating I/L | -5,448.0K |
Other Income/Expense | -22,943.0K |
Interest Income | 930.0K |
Pretax | -28,391.0K |
Income Tax Expense | -115.0K |
Net Income/Loss | -28,506.0K |
Seritage Growth Properties is a REIT that owns and manages a diverse portfolio of retail properties across the United States and Puerto Rico. The company's primary focus is on unlocking the real estate value of its high-quality retail assets acquired from Sears Holdings in 2015. By revitalizing shopping, dining, entertainment, and mixed-use destinations, Seritage aims to provide enriched experiences for consumers and local communities while creating long-term value for its shareholders.