secwatch.observer — SEC 8-K summary
======================================

Issuer:     TANGER INC. (SKT)
CIK:        0000899715
Form:       8-K
Filed at:   2021-08-03T23:59:59+00:00
Accession:  0000899715-21-000158
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tanger Q2 Core FFO $0.43 vs $0.10; raises FY guidance; traffic above 2019
-------------------------------------------------------------------------

- Net income $0.02/share ($2.3M) vs net loss ($0.25) in prior year; Core FFO $0.43/share ($46.3M) vs $0.10.
- Traffic to domestic centers exceeded Q2 2019; consolidated TTM tenant sales $424/sq ft, up >7% from 2019.
- Portfolio occupancy 93.0% at June 30, 2021, up from 91.7% at March 31, 2021.
- Raised FY 2021 Core FFO guidance to $1.68–$1.72/share from prior $1.46–$1.54.
- Q2 GAAP results included $14.0M loss on early debt extinguishment ($0.13/share).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899715/000089971521000158/0000899715-21-000158-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899715/000089971521000158/skt-20210803.htm
  HTML page:      https://secwatch.observer/filing/0000899715-21-000158

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer