secwatch.observer — SEC 8-K summary
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Issuer:     TANGER INC. (SKT)
CIK:        0000899715
Form:       8-K
Filed at:   2023-04-27T23:59:59+00:00
Accession:  0000899715-23-000090
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tanger Q1 net income $0.22/sh, Core FFO $0.46/sh; raises full-year guidance
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- Net income $0.22/sh ($23.3M) vs $0.19/sh ($20.3M) YoY.
- Core FFO $0.46/sh ($51.2M) vs $0.45/sh ($49.4M) prior year; FFO $0.47/sh.
- Blended rent spreads +13.8%; portfolio occupancy up 220 bps YoY.
- Full-year 2023 guidance raised; recent annual dividend increased by over 11%.
- Nashville center (37th property) under construction with leasing progress.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899715/000089971523000090/0000899715-23-000090-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899715/000089971523000090/skt-20230427.htm
  HTML page:      https://secwatch.observer/filing/0000899715-23-000090

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