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Seritage Growth Properties shared its Q3 2026 results, showing its income and cash on hand.

ResultsRead the original at SEC EDGAR
Neutral

SRG earned $2.7 million in the quarter but lost $36.2 million over 9 months, including $15.2 million in property write-downs and a separate $5.2 million loss on an unconsolidated holding. No new deals are under contract, and the possible $50.8 million Dallas sale is not assured, leaving the report mixed.

SRG · Seritage Growth Properties

AI read · Neutral

The AI's read

That quarterly profit shows the company made money during one period. But its nine-month loss and property write-downs show it still had a loss over the year so far. The possible $50.8 million Dallas sale could bring in cash, but the buyer has not committed to complete it. The company also said it has no new transactions under contract. As of November 12, SRG had $41.4 million in cash, including $32.7 million that was restricted, plus $10.0 million available to borrow. The report gives a mixed picture.

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