Seritage Growth Properties stock reports a USD 7.4 million Q2 loss

Seritage Growth Properties stock (ISIN US81752R1005) was trading at EUR 1.54 at Lang & Schwarz on September 29, 2026 at 5:04 p.m. CEST, unchanged from the prior close of EUR 1.54. The latest reported quarter showed a USD 7.4 million net loss and USD 1.87 million in revenue.

Q2 loss sets the central signal

MarketBeat reported on September 24, 2026 that Seritage posted quarterly EPS of minus USD 0.13, revenue of USD 1.87 million and a net margin of minus 419.02 percent for the quarter released on August 14, 2026. The figures put operating performance ahead of the intraday price as the main measurable issue for shareholders.

The Q2 loss is the clearest comparison point in the latest coverage: revenue was USD 1.87 million, while the company still recorded a USD 7.4 million net loss. The combination produced a loss margin of roughly 396 percent when calculated from the rounded figures, although the source reports a net margin of minus 419.02 percent based on its underlying data.

Plan of sale leaves a smaller portfolio

Seritage's investor-relations page says that, as of June 30, 2026, the portfolio consisted of nine properties, 0.8 million square feet of gross leasable or build-to-suit area and 139 acres. The company operates under a Plan of Sale, making asset monetization and the remaining property base important measures alongside quarterly revenue, according to Seritage Growth Properties.

The portfolio includes four consolidated properties with 56 acres and five unconsolidated entities with 83 acres, according to the company profile dated June 30, 2026. That structure means reported revenue can remain modest while asset sales and property-level transactions shape the balance sheet and the stock narrative.

Analyst view remains cautious

MarketBeat reported on September 24, 2026 that the stock had moved below its 50-day moving average of USD 2.21, after trading as low as USD 1.82. The same report cited a Sell average rating, with Weiss Ratings moving from sell d-minus to sell e-plus on September 2, 2026, while Wall Street Zen raised its view from strong sell to hold on August 23, 2026.

For investors, the contrast is clear: the company controls a defined property portfolio, but the latest quarter combined USD 1.87 million of revenue with a USD 7.4 million loss. The unchanged euro quote on September 29, 2026 leaves that earnings profile as the key numerical reference.

SRG stock holds at EUR 1.54

Seritage Growth Properties stock was trading at EUR 1.54 at Lang & Schwarz on September 29, 2026 at 5:04 p.m. CEST, unchanged at 0.00 percent versus the Lang & Schwarz prior close of EUR 1.54 on September 28, 2026.

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