Copper Property CTL Pass Through Trust made Penney Intermediate Holdings LLC's Q1-2026 consolidated financials and Master Lease JCP store performance disclosures available to investors.
Key Highlights:
- Trust posted Q1-2026 consolidated financial statements for Penney Intermediate Holdings LLC for quarter ended May 2, 2026.
- Master Lease JCP store performance disclosures for fiscal Q1 and trailing 12 months made available on the Trust's investor website.
- Penney Intermediate reported Q1 net loss of $65M on total revenues of $1,313M; operating loss $62M.
- Company ended quarter with no long-term debt outstanding and cash of $96M versus $140M prior year.
- Store portfolio: 117 properties, 15.47M sq ft; trailing 12-month tenant sales per sq ft $72 and EBITDAR/rent 1.2 for consolidated portfolio.
Original SEC Filing:
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