Seritage FY25 net loss narrows to $73.1 million; revenue rises to $18.2 million

Reuters04-01

Seritage FY25 net loss narrows to $73.1 million; revenue rises to $18.2 million

Seritage Growth Properties posted a net loss attributable to common shareholders of $73 million for full-year 2025.
Revenue edged up 3.3% to $18 million.
Impairment charges on consolidated properties narrowed to $19 million.
Gross proceeds from asset sales totaled $231 million, enabling $190 million of term-loan repayments and leaving a $50 million balance at year-end.
Management said focus in 2026 remains monetizing remaining assets, pursuing financing alternatives ahead of the term-loan maturity on July 31, 2026, and exploring a potential strategic transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seritage Growth Properties published the original content used to generate this news brief via Business Wire (Ref. ID: 20260331455114) on March 31, 2026, and is solely responsible for the information contained therein.

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