Seritage Growth Properties Q1 2023 Earnings Report

Seritage Growth Properties EPS Results

• Actual EPS: -$1.13
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

Seritage Growth Properties Revenue Results

• Actual Revenue: $0.68 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Seritage Growth Properties Announcement Details

• Quarter: Q1 2023
• Date: 5/10/2023
• Time: N/A

Prior to the adoption of the Company's Plan of Sale, Seritage was principally engaged in the ownership, development, redevelopment, management, sale and leasing of diversified retail and mixed-use properties throughout the United States. Seritage will continue to actively manage each location until such time as each property is sold. As of December 31, 2023, the Company's portfolio consisted of interests in 32 properties comprised of approximately 4.1 million square feet of gross leasable area (GLA) or build-to-suit leased area and 460 acres. The portfolio consists of approximately 2.8 million square feet of GLA and 326 held by 23 wholly owned properties (such properties, the Consolidated Properties) and 1.2 million square feet of GLA and 134 acres held by nine unconsolidated entities (such properties, the Unconsolidated Properties).