secwatch.observer — SEC 8-K summary
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Issuer:     TANGER INC. (SKT)
CIK:        0000899715
Form:       8-K
Filed at:   2022-08-08T23:59:59+00:00
Accession:  0000899715-22-000147
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 2022: FFO $0.45/sh, occupancy 94.9%, raised guidance midpoint
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- Net income $0.19/sh ($19.7M) vs $0.02/sh ($2.3M) in prior-year quarter; Core FFO $0.45/sh ($48.8M).
- Occupancy rose 170 bps to 94.9%; blended rent spreads of +4.1% on new leases.
- Company raised 2022 guidance midpoint; broke ground on 37th center in Nashville and announced Palm Beach partnership.
- Core FFO excludes $2.4M severance costs and $2.4M gain on corporate aircraft sale.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899715/000089971522000147/0000899715-22-000147-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899715/000089971522000147/skt-20220808.htm
  HTML page:      https://secwatch.observer/filing/0000899715-22-000147

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