secwatch.observer — SEC 8-K summary
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Issuer:     TANGER INC. (SKT)
CIK:        0000899715
Form:       8-K
Filed at:   2023-11-06T23:59:59+00:00
Accession:  0000899715-23-000147
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tanger raises FY2023 guidance; Q3 FFO $0.50 vs $0.47; occupancy up 150 bps YoY
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- Q3 net income $0.26/sh ($27.2M); FFO $0.50/sh ($55.8M), up from $0.47/sh prior year.
- Raised full-year 2023 FFO guidance; also implemented 6% dividend increase.
- Occupancy up 80 bps sequentially and 150 bps YoY; 7th consecutive quarter of positive rent spreads.
- Tanger Outlets Nashville opened in late Oct at 96.5% leased.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899715/000089971523000147/0000899715-23-000147-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899715/000089971523000147/skt-20231106.htm
  HTML page:      https://secwatch.observer/filing/0000899715-23-000147

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