All three tenses have at least two readings, so the archetype blend applies as printed.
Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.
What did they actually do?
Has it survived what it has been through?
3 warning events since 2017; the latest 2024-08-09.
From the record
Seritage Growth Properties' filings since 2017 show 3 warning events: a late-report notice (Form NT 10-K or NT 10-Q, 3 times, the latest 2024-08-09) (its current reports).
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What has it actually done, year after year?
-25.2% a year over 10 filed years; profitable in 0 of 10.
From the record
Seritage Growth Properties' 10 filed years say what it did: revenue went from $249 million in fiscal 2016 to $18 million in fiscal 2025, down 25.2% a year; it rose in 2 of 9 years; the deepest fall was 93% from fiscal 2016 to fiscal 2024; net income was positive in 0 of 10 of those years (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How has it treated the people who own it?
SI estimate 4.8/10, confidence 35 of 100 (one part).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: Seritage Growth Properties's shareholder treatment is put at 4.8 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 48% of 31 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.
What are they doing right now?
Is it financially healthy right now?
ROE -20%: lost 20¢ per shareholder dollar. Leverage 15%: owes 15¢ per asset dollar.
From the record
Return on equity: in the fiscal year ended 2025-12-31, Seritage Growth Properties lost about 20 cents for every dollar of shareholders' money. Leverage: it owed about 15 cents per dollar of assets, and net share issuance: its share count grew 0.1% over the year (the filed statements).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How strong is its position in its industry?
bottom 6% of 30 in its family; net margin -374.7%.
From the record
Seritage Growth Properties' standing among 30 graded names in its industry family: revenue of $18 million in fiscal 2025 ranks in the bottom 9% by size; a net margin of -374.7% ranks in the bottom 8%; revenue growth of -44.6% a year over the last 3 filed years ranks in the bottom 2% (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are the people in charge doing?
SI estimate 5.0/10, confidence 20 of 100 (family median).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: Seritage Growth Properties's leadership is put at 5.0 of 10 with a confidence of 20 of 100, because no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 23 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.
What are they set up to do next?
How much room does it have to grow?
bottom 47% of 29 in its family for room to expand.
From the record
Seritage Growth Properties' room to grow, from the newest filed statements (fiscal 2025): cash of $48 million against no long-term debt tagged leaves 12.2% of its assets as net cash, top 15% of its family; cash from operations less capital spending is -191.7% of revenue (bottom 9%) (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What could actually drive growth from here?
bottom 24% of 29 in its family for growth drivers.
From the record
Seritage Growth Properties' growth drivers, from the filed years to fiscal 2025: revenue grew -44.6% a year over the last three filed years against -25.2% over all 10, slowing (bottom 16% of its family); the newest year grew 3.3% (bottom 33%) (its annual reports). Seritage Growth Properties tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
Did its newest year beat what its own record pointed to?
top 13% of 29 in its family for expectations against reality.
From the record
Seritage Growth Properties' newest year against its own record: revenue of $18 million in fiscal 2025 came in 154.5% above the $7 million its prior three years' pace pointed to (top 5% of its family); net income of $68 million against a prior three-year average of $143 million (top 26%); a net margin of a loss larger than its revenue against losses larger than its revenue before (top 9%) (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made