The Macerich Company (MAC) reported that its first quarter FFO increased to $80.97 million from $66.55 million, prior year. FFO per share was $0.31 compared to $0.29. FFO per share, excluding items, was $0.33, flat with last year.
Net loss to company was $50.1 million compared to a loss of $126.7 million, last year. Net loss per share was $0.20 compared to a loss of $0.59.
Total revenues increased to $249.22 million from $208.78 million, previous year. Same center net operating income, excluding lease termination income, increased 0.9% in the first quarter of 2025.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.