secwatch.observer — SEC 8-K summary
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Issuer:     TANGER INC. (SKT)
CIK:        0000899715
Form:       8-K
Filed at:   2023-02-21T23:59:59+00:00
Accession:  0000899715-23-000039
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 2022 Core FFO $0.47/share, occupancy up 170 bps, introduces 2023 guidance
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- Q4 net income $0.17/share ($18.1M) vs $0.12/share ($13.0M) in 2021; includes $0.03 gain on sale.
- Q4 Core FFO $0.47/share ($51.8M) vs $0.45/share ($49.6M) in 2021.
- Full year Core FFO $1.83/share ($201.8M) vs $1.76/share ($188.4M) in 2021.
- Occupancy grew 170 bps YoY; blended rent spreads +10.1% for comparable leases in 2022.
- Introduced 2023 guidance; expects to open 37th center in Nashville fall 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899715/000089971523000039/0000899715-23-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899715/000089971523000039/skt-20230221.htm
  HTML page:      https://secwatch.observer/filing/0000899715-23-000039

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