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.

Tanger Factory focuses on open-air outlet centers in tourist-heavy locations with well-known brand tenants. It's expanding into home furnishings and is garnering strong interest in its Loyalty Program. It's demonstrated strong demand, high occupancy rates, and steady rental rate increases.

Tanger Factory: A Quality 'Buy' At The Right Price

GREENSBORO, N.C. , Sept. 11, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE: SKT), a leading operator of upscale, open-air shopping centers, announced today the appointment of Jessica K.

Tanger Appoints Jessica K. Norman as EVP and General Counsel

GREENSBORO, N.C., Aug. 22, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE: SKT), a leading operator of upscale open-air outlet centers, announced today that its financial results for the quarter ending September 30, 2023 will be released on Monday, November 6, 2023 after the market close.

Tanger Schedules Third Quarter 2023 Earnings Release and Conference Call

Tanger's post-pandemic appeal endures for shoppers and retailers. Solid financials and growth underpin a recovering dividend.

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Occupancy is back to pre-pandemic levels. The dividend is well covered.

Here's How Tanger Factory Outlet Centers Can Afford Its 3.9% Dividend Yield

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Stag Industrial owns a solid portfolio and payout record. Tanger Factory Outlets' occupancy has eclipsed pre-pandemic levels.

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Outlet center operator Tanger Outlets' occupancy rate is now back to pre-pandemic levels. Revenue and funds from operations are trending upward.

This High-Yield Dividend Stock Just Crushed Earnings

Tanger Factory Outlet Centers, Inc. (NYSE:SKT ) Q2 2023 Earnings Conference Call August 4, 2023 8:30 AM ET Company Participants Ashley Curtis - Assistant VP, IR Steven Tanger - Executive Chair Stephen Yalof - President and CEO Michael Bilerman - EVP, CFO and Chief Investment Officer Doug McDonald - SVP Conference Call Participants Greg McGinnis - Scotiabank Todd Thomas - KeyBanc Capital Markets Samir Khanal - Evercore ISI Craig Mailman - Citi Caitlin Burrows - Goldman Sachs Floris van Dijkum - Compass Point Mike Mueller - JPMorgan Emily Arft - Green Street Ashley Curtis Good morning. This is Ashley Curtis, and I would like to welcome you to the Tanger Factory Outlet Centers Second Quarter 2023 Conference Call.

Tanger Factory Outlet Centers, Inc. (SKT) Q2 2023 Earnings Call Transcript

Tanger Factory Outlet (SKT) came out with quarterly funds from operations (FFO) of $0.47 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to FFO of $0.45 per share a year ago.

Tanger Factory Outlet (SKT) Tops Q2 FFO and Revenue Estimates

Grows Occupancy by 70 Basis Points Sequentially and 230 Basis Points Year over Year Achieves 6th Consecutive Quarter of Positive Rent Spreads Grand Opening Tanger Nashville on October 27, 2023 at 95% Leased GREENSBORO, N.C. , Aug. 3, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE:SKT), a leading owner and operator of upscale open-air outlet centers, today reported financial results and operating metrics for the three and six months ended June 30, 2023.

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

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Tanger Factory Outlet Centers has seen a share price gain of 56.21% over the last year, outperforming the S&P 500, and is a solid dividend payer. The company has been introducing new brands and alliances to increase diversity and has seen improved financial results, including a rise in occupancy rates and better rent spreads. Despite potential risks such as property-specific issues, tenant bankruptcies, and changes in the real estate market, Tanger is recommended for investors seeking a company with potential for future growth and dividend increase.

Tanger Factory Outlet: A Strong Comeback Sets Pace For Future Growth

Tanger's dividend is well covered. Tanger has hiked its dividend in three out of the last four quarters.

Here's How Tanger Can Afford Its 4.3% Dividend Yield

Despite a REIT selloff, Tanger Factory Outlet has seen its stock price increase by 20% since the start of 2022. I don't see this outperformance as justified, especially relative to SPG which is superior in most metrics, yet trades at a discount to Tanger. I present my thesis and suggest a pairs trade.

Tanger Factory Outlet Is Overpriced

Tanger is paying out a 4.2% dividend yield that has been raised by 19% over the last 12 months. SKT currently covers this payout by 188% to set the backdrop for further dividend raises. A lack of floating rate debt on its balance has hedged the investment story as interest rates and rent spreads surge.

Tanger Factory Outlet: Flush With Cash, 4.2% Dividend Yield, A Buy?

Tanger's new digital-first loyalty program and mobile app empower brand connections and optimize guest experience, with an expanded suite of exclusive benefits and personalized offers for guests at Tanger's open-air shopping centers GREENSBORO, N.C. , July 14, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE: SKT), a leading operator of upscale, open-air shopping centers, announced today the launch of its refreshed TangerClub guest loyalty program and all-new consumer mobile app.

Tanger Introduces Refreshed TangerClub Guest Loyalty Program

GREENSBORO, N.C. , July 14, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE: SKT), a leading operator of upscale open-air outlet centers, announced today that its Board of Directors declared a cash dividend of $0.245 per share, payable on August 15, 2023, to common shareholders of record on July 31, 2023.

Tanger Declares Dividend Payable August 15, 2023

While retail stocks have been lackluster performers this year, Tanger is making a strong recovery. The outlet-center operator is staging a steady comeback from its pandemic-era troubles, and its focus on offering consumers value should play well in a tough economic environment.

This Magnificent Dividend Stock Is Up 29% in 2023

Results Underscore Fundamental Commitment to Achieving Significant Goals and Creating a Positive Impact GREENSBORO, N.C. , July 10, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE: SKT), a leading operator of upscale, open-air shopping centers, is proud to announce the release of its 2022 Environmental, Social, and Governance (ESG) Report.

Tanger Releases 2022 Environmental, Social, and Governance Report

GREENSBORO, N.C. , July 5, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE: SKT), a leading operator of upscale open-air outlet centers, today announced updates to the Company's Board of Directors.

Tanger® Outlets Appoints Bridget Ryan-Berman as Lead Independent Director

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