secwatch.observer — SEC 8-K summary
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Issuer:     TANGER INC. (SKT)
CIK:        0000899715
Form:       8-K
Filed at:   2024-02-15T23:59:59+00:00
Accession:  0000899715-24-000009
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 FFO/share $0.52 vs $0.47 YoY; full year FFO $1.96/share; introduces 2024 guidance
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- Q4 net income $0.22/share ($23.5M) vs $0.17/share ($18.1M) in prior year.
- Full year net income $0.92/share ($98.0M) vs $0.77/share ($81.2M) in 2022.
- Core FFO per share Q4 $0.52, full year $1.96; 2022: $0.47 and $1.83 respectively.
- Expanded portfolio: opened Tanger Outlets Nashville, acquired Asheville and Bridge Street Town Centre.
- Leasing momentum: 8th straight quarter positive rent spreads; record 2.3M sq ft leases in 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899715/000089971524000009/0000899715-24-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899715/000089971524000009/skt-20240215.htm
  HTML page:      https://secwatch.observer/filing/0000899715-24-000009

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