Inactive Instrument

RETL VALU

Equities

RVI

US76133Q1022

Retail Value Inc. Reports Earnings Results for the Full Year Ended December 31, 2021

February 25, 2022 at 12:52 pm

Retail Value Inc. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was USD 55.6 million compared to USD 80.69 million a year ago. Revenue was USD 55.66 million compared to USD 80.74 million a year ago.

Net loss was USD 17.7 million compared to USD 93.55 million a year ago. Basic earnings per share from continuing operations was USD 1.25 compared to basic loss per share from continuing operations of USD 2.17 a year ago. Basic loss per share was USD 0.84 compared to USD 4.72 a year ago.

Latest news about RETL VALU

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An unknown buyer entered into an agreement to acquire Crossroads Center from Retail Value Inc. for $38.5 million.	15/03/22	CI
Retail Value Inc. Reports Earnings Results for the Full Year Ended December 31, 2021	25/02/22	CI
Retail Value Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2021	25/02/22	CI
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Company Profile

Retail Value Inc. is a real estate investment trust (REIT). The Company owns and operates a portfolio of retail real estate assets located in the continental United States. The Company's segments include continental U.S. and Puerto Rico. The Company owns and operates a portfolio of approximately 48 retail shopping centers, which include 36 continental U.S. properties and 12 Puerto Rico properties. It intends to realize value for shareholders through the operations and sales of the Company's assets.

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