)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
Slate Grocery REIT (SGR-UN) investor relations material
Slate Grocery REIT Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary6 Nov, 2025
Executive summary
Portfolio valued at $2.4B with 116 properties totaling 15.2M SF across 23 states, 95% grocery-anchored and 94.3% occupied as of September 30, 2025.
Achieved strong leasing momentum with 417,145 sq. ft. leased in Q3 2025 at double-digit rental spreads, supporting robust performance.
Focus on necessity-based, defensive grocery real estate with strong tenant demand and limited new supply.
Top tenants include six of the top seven US grocers by market share, with 69% essential tenancies.
Portfolio concentrated in high-growth US Sunbelt markets, with 57% of assets in this region.
Financial highlights
Average in-place rent is $12.82 per sq ft, significantly below the market average of $24.09, indicating potential for future rent growth.
Rental revenue increased 1.9% year-over-year to $53.3 million for Q3 2025.
Net operating income (NOI) rose 2.6% year-over-year to $43.0 million; same-property NOI up 2.8% on a trailing 12-month basis.
Net income surged 55.0% year-over-year to $11.2 million.
Weighted average interest rate stands at 5%, with over 90% of debt at fixed rates.
Outlook and guidance
Expectation of 3%-4% organic growth in net operating income to continue into 2026, driven by expiring leases and market rent growth.
Management expects continued growth, supported by below-market rents and resilient grocery-anchored demand.
In-place rents below market provide runway for long-term revenue growth and value creation.
Online grocery sales projected to grow to 12.4% of total sales by 2027, supporting omnichannel distribution strategies.
Continued conviction in the resilience and growth potential of grocery-anchored real estate.
How will positive leverage drive acquisitions?
Is market rent growth outpacing in-place rent?
How long is financing cost stability assured?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Slate Grocery REIT earnings date
Q4 202512 Feb, 2026
Next Slate Grocery REIT earnings date
Q4 202512 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Slate Grocery REIT is a real estate investment trust (REIT) that specializes in owning and operating grocery-anchored retail properties. The company’s portfolio consists of neighborhood and community shopping centers located primarily in the United States. These centers are anchored by leading grocery chains and other necessity-based retailers, ensuring consistent customer traffic and stable income. The company is headquartered in Toronto, Canada, and its shares are listed on the TSX.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage