secwatch.observer — SEC 8-K summary
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Issuer:     TANGER INC. (SKT)
CIK:        0000899715
Form:       8-K
Filed at:   2022-02-17T23:59:59+00:00
Accession:  0000899715-22-000024
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tanger Q4 2021 Core FFO $0.45; occupancy 95.3%, tenant sales $468/sq ft
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- Net income $0.12/share ($13.0M) vs $0.00 in Q4 2020; includes $7.0M impairment.
- Core FFO $0.45/share ($49.6M) vs $0.54 in Q4 2020; full year Core FFO $1.76 ($188.4M).
- Portfolio occupancy 95.3% (+310bps YoY); tenant sales $468/sq ft, exceeding 2019 by ~18%.
- Cash blended rent spreads improved 650bps YoY; percentage rentals more than doubled vs 2019.
- Full year 2021 Core FFO $1.76/share ($188.4M) vs $1.57 in 2020.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899715/000089971522000024/0000899715-22-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899715/000089971522000024/skt-20220217.htm
  HTML page:      https://secwatch.observer/filing/0000899715-22-000024

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