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The latest announcement is out from Seritage ( (SRG) ).
On June 10, 2025, Seritage held its annual meeting of shareholders, where several key decisions were made. The shareholders re-elected six trustees, including John T. McClain and Adam Metz, each receiving the required two-thirds majority vote. Additionally, the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for fiscal year 2025 was ratified. However, the shareholders rejected the advisory, non-binding resolution to approve the executive compensation program for the company’s named executive officers, as it did not receive the majority vote needed for approval.
Spark’s Take on SRG Stock
According to Spark, TipRanks’ AI Analyst, SRG is a Neutral.
Seritage’s overall stock score reflects significant financial challenges, including declining revenue and ongoing losses. The technical indicators suggest a bearish outlook, compounded by poor valuation metrics. While debt reduction is a positive, the company’s operational and profitability issues are the primary concerns.
To see Spark’s full report on SRG stock, click here.
More about Seritage
Average Trading Volume: 234,918
Technical Sentiment Signal: Sell
Current Market Cap: $166.2M
See more insights into SRG stock on TipRanks’ Stock Analysis page.