Tanger Factory Outlet Centers

Tanger Factory Outlet Centers, Inc. is a fully-integrated, self-administered and self-managed real estate investment trust. It focuses on developing, acquiring, owning, operating and managing outlet shopping centers. The company was founded by Stanley K. Tanger in 1981 and is headquartered in Greensboro, NC.

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Tanger Factory Outlet Centers reports solid Q4 performance and growth outlook

Tanger Factory Outlet Centers (SKT) delivered strong financial results in Q4 2022, with a focus on sustainable growth and enhancing the shopping experience. The company's commitment to carbon neutrality, solid financial position, and strategic initiatives position it well for future success. Challenges in managing expenses and addressing analyst queries are being actively navigated.

Tanger Factory Outlet Centers surpass Q1 expectations, eyes luxury expansion

Tanger Factory Outlet Centers delivered a strong performance in Q1, exceeding expectations across key financial metrics.
The company's strategic focus on digital initiatives, strong balance sheet, and dividend increase demonstrate resilience and growth potential.
While challenges like tenant mix optimization and perception management exist, Tanger is well-positioned to capitalize on opportunities for expansion and brand enhancement.

Tanger Factory Outlet Centers reports strong Q2 results and growth outlook

Tanger Factory Outlet Centers delivered strong financial performance and outlined growth initiatives in Q2 2023.
While facing challenges in guidance factors and market dynamics, Tanger's strategic focus on sustainability and growth opportunities is evident.
The company's proactive debt management, portfolio strength, and commitment to customer engagement position it well for future success.

Tanger Factory Outlet Centers (SKT) reports strong Q3 performance and growth opportunities

Tanger Factory Outlet Centers (SKT) delivered a robust performance in Q3, exceeding expectations with strong leasing and operational execution.
While facing short-term challenges in Q4, the company remains well-positioned with a solid balance sheet, increased guidance, and strategic growth initiatives.
Opportunities for sustained growth include optimizing tenant mix, leveraging leasing strength, and converting temporary tenancy to permanent occupancy.
Overall, Tanger's performance highlights resilience, strategic adaptability, and a focus on long-term stability and revenue growth.

Tanger Factory Outlet Centers (SKT) posts strong Q4 performance and eyes growth through strategic initiatives

Tanger Factory Outlet Centers (SKT) reported a strong Q4 2023 performance with notable financial growth and operational success.
The company's focus on strategic acquisitions, asset management, and digital initiatives positions it well for future growth and value creation.
Challenges include managing uncollectible rents, transitioning temporary tenants to permanent occupancy, and attracting luxury retailers in a competitive market.
Opportunities lie in driving growth through leasing strategies, acquisitions, remerchandising, and diversification to enhance revenue streams and tenant mix.

Tanger Factory Outlet Centers (SKT) reports robust Q1 performance and growth strategies

Tanger Factory Outlet Centers (SKT) delivered strong financial results and occupancy levels in Q1 2024, driven by strategic initiatives and a focus on customer engagement.
The company's emphasis on enhancing the merchandising mix and pursuing growth opportunities positions them well for future expansion and sales growth.
Challenges in expense recovery and outlet space demand are being addressed, while opportunities in expansion and revenue diversification are actively pursued.

Tanger Factory Outlet Centers (SKT) reports strong Q2 performance and growth outlook

Tanger's Q2 2024 earnings call showcased robust financial performance, sustainability initiatives, and a positive outlook for growth. Despite challenges like NOI growth deceleration, the company remains focused on enhancing tenant relationships and exploring new opportunities for expansion.

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Tanger, Inc. engages in the operation of upscale open-air outlet centers. The firm focuses on developing, acquiring, owning, operating, and managing outlet shopping centers. The company was founded by Stanley K. Tanger in 1981 and is headquartered in Greensboro, NC.

GREENSBORO, N.C. , Jan. 23, 2024 /PRNewswire/ -- Tanger Inc. (NYSE: SKT) announced today that its 2023 dividend distributions should be treated as follows for income tax purposes.

Tanger Inc. 2023 Tax Reporting Information - Distribution (Form 1099)

Tanger (SKT) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

Tanger (SKT) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now

GREENSBORO, N.C. , Jan. 17, 2024 /PRNewswire/ -- Tanger®  (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its Board of Directors declared a quarterly cash dividend of $0.26 per share, payable on February 15, 2024 to common shareholders of record on January 31, 2024.

Tanger Declares Dividend Payable February 15, 2024

Tanger has seen growth in rental spreads and funds from operations, leading to a dividend increase. The company is well-positioned for growth and potential acquisitions in 2024. Re-leasing spreads and new acquisitions are driving funds from operations growth for Tanger Factory.

Tanger: A Well-Covered 4% Dividend Plus Growth Potential

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GREENSBORO, N.C. , Jan. 4, 2024 /PRNewswire/ -- Tanger® (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its financial results for the quarter and year ended December 31, 2023 will be released on Thursday, February 15, 2024 after the market close.

Tanger Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

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The Zacks REIT and Equity Trust - Retail industry is well-posed to benefit from the solid market fundamentals driven by renewed consumers' enthusiasm for in-store shopping, popularity of open-air centers and advantages of omnichannel retailing. Players like SKT and UE are likely to prosper.

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Tanger's (SKT) acquisition of Bridge Street Town Centre marks a strategic move in the company's expansion strategy, further solidifying its position in the retail and outlet shopping industries.

Tanger (SKT) Acquires Bridge Street Town Centre in Huntsville

Continues to execute external growth strategy with acquisition of Bridge Street Town Centre, a market-dominant open-air center GREENSBORO, N.C. , Nov. 30, 2023 /PRNewswire/ --  Tanger®  (NYSE: SKT), a leading operator of outlet and open-air retail shopping destinations, announced today that it has acquired Bridge Street Town Centre, an 825,000‑square-foot open-air lifestyle center in Huntsville, Alabama, one of the fastest growing markets in the country.

Tanger Acquires Open-Air Lifestyle Center in Growth Market of Huntsville, Alabama

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Continues to execute external growth strategy  with addition of open-air shopping center in popular tourism-focused market GREENSBORO, N.C., Nov. 13, 2023 /PRNewswire/ --  Tanger®  (NYSE: SKT), a leading operator of upscale, open-air shopping centers, announced today that it has acquired its 38th shopping center, Asheville Outlets, as part of the continued execution of the company's external growth strategy.

Tanger Announces Acquisition of Asheville Outlets in Asheville, North Carolina

Tanger Factory Outlet Centers, Inc. (NYSE:SKT ) Q3 2023 Earnings Conference Call November 7, 2023 8:30 AM ET Company Participants Ashley Curtis - Assistant VP, IR Steven Tanger - Executive Chair Stephen Yalof - Director, President and Chief Executive Officer Michael Bilerman - Executive Vice President and Chief Financial Officer Leslie Swanson - Executive Vice President, Chief Operating Officer Doug McDonald - Senior Vice President Finance and Capital Markets Conference Call Participants Floris Dijkum - Compass Point Lizzy Doykan - Bank of America Samir Khanal - Evercore ISI Craig Mailman - Citi Todd Thomas - KeyBanc Capital Markets Greg McGinnis - Scotiabank Caitlin Burrows - Goldman Sachs Mike Mueller - JPMorgan Emily Arft - Green Street Ashley Curtis Good morning. This is Ashley Curtis, Assistant Vice President of Investor Relations.

Tanger Factory Outlet Centers, Inc. (SKT) Q3 2023 Earnings Call Transcript

Grows Occupancy by 80 Basis Points Sequentially and 150 Basis Points Year over Year Achieves 7th Consecutive Quarter of Positive Rent Spreads Opens Tanger Outlets Nashville 96.5% Leased GREENSBORO, N.C., Nov. 6, 2023 /PRNewswire/ -- Tanger® (NYSE:SKT), a leading owner and operator of upscale open-air outlet centers, today reported financial results and operating metrics for the three and nine months ended September 30, 2023.

Tanger Reports Third Quarter Results and Raises Full-Year 2023 Guidance

Tanger Outlets (SKT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Tanger Outlets (SKT) Ahead of Earnings?

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Tanger Opens the First U.S. Outlet Center Since 2019 at 96.5 Percent Leased, Showcases Transformational Design and Retailer Mix GREENSBORO, N.C. , Oct. 26, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE: SKT), a leading operator of upscale, open-air shopping centers, announced today the Grand Opening of its 37th shopping center, Tanger Outlets Nashville, which will open to the public at 10 a.m.

Tanger Announces Grand Opening of Tanger Outlets Nashville

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Tanger Factory Outlet Centers, Inc. (SKT), Riley Exploration Permian, Inc. (REPX), EQT Corporation (EQT), MSC Industrial Direct Co., Inc. (MSM) and Maximus, Inc. (MMS) recently hiked dividends.

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Tanger has bumped up its dividend for the fifth time since early 2021. The dividend increase was driven by rising profits as occupancy improved and rents rose.

This Dividend Champ Just Boosted Its Payout

GREENSBORO, N.C. , Oct. 13, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE: SKT), a leading operator of upscale open-air outlet centers, announced today that its Board of Directors approved a 6.1% increase in the dividend on its common shares from $0.98 to $1.04 per share on an annualized basis.

Tanger Increases Dividend by 6.1%

News for Tanger Factory Outlet Centers Stock (SKT)