EarningsQ2 2026 Earnings Report
SRRTF Q2 2026 EPS Results
Actual EPS$0.16
Consensus EPS―
Beat/Miss―
One Year Ago EPS$0.16
SRRTF Q2 2026 Revenue Results
Actual Revenue$56.65M
Expected Revenue$59.94M
Beat/MissMissed by -$3.29M
YoY Revenue Growth+7.12%
Earnings Announcement Details
QuarterQ2 2026
Date08/06/2026
TimeAfter Close
Conference CallThursday, August 6, 2026
SRRTF Upcoming Earnings
Slate Grocery REIT's next earnings date is estimated for November 11, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
No earnings call audio is available for this earnings event.
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented multiple meaningful operational positives — robust leasing volume, strong renewal and new-lease rent spreads, same-property NOI growth, a conservative debt profile with >90% fixed-rate debt and a low 5% weighted average interest rate, and favorable sector fundamentals supporting pricing power. Offsetting these strengths were notable near-term challenges including roughly 260,000 square feet of vacates (with several large vacates still to be backfilled), an ongoing strategic review with no timeline, and limited disposition activity beyond one property held for sale. Overall, the operational and financial positives outweigh the disclosed challenges.Company Guidance
Strong Leasing Volume and Rent Growth
Completed over 569,000 square feet of total leasing in Q2; renewal spreads averaged +16.7% above expiring rents and new deals completed at +41% above comparable average in-place rent.
Same-Property NOI Improvement
Adjusted same-property net operating income increased by $3.8 million, or +2.3% on a trailing 12-month basis (adjusted for completed redevelopments).
Healthy Occupancy and Rental Upside
Portfolio occupancy was 93.6% and the portfolio's average in-place rent was $13.10 per square foot — currently below market average, indicating potential upside as leases roll.
Defensive Balance Sheet and Positive Leverage
Weighted average interest rate of 5% with over 90% of debt fixed, providing near-term financing stability; weighted average capitalization rate remains well above the weighted average interest rate, enabling positive leverage.
Favorable Sector Fundamentals
Management cited elevated construction costs and tight lending conditions that constrain new retail development and availability, supporting landlord pricing power, tenant retention, and continued rent increases.
Near-Term Disposition Progress
One property (Heritage Heights) was held for sale at quarter end with management expecting to close in the next few weeks (anticipated in Q3).
SRRTF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed