secwatch.observer — SEC 8-K summary
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Issuer:     TANGER INC. (SKT)
CIK:        0000899715
Form:       8-K
Filed at:   2024-04-30T23:59:59+00:00
Accession:  0000899715-24-000090
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tanger Q1 Core FFO $0.52/share, raises FY2024 guidance
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- Net income $0.20/diluted share ($22.2M) vs $0.22 ($23.3M) prior year.
- Core FFO $0.52/share ($60.1M) vs $0.46 ($51.2M); FFO $0.51/share ($58.6M).
- Same center occupancy up 60 bps YoY; 9th consecutive quarter of positive rent spreads.
- Raised full-year 2024 guidance; recent 6% dividend increase.
- Strengthened liquidity: increased, extended, and improved pricing of unsecured lines of credit in April.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899715/000089971524000090/0000899715-24-000090-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899715/000089971524000090/skt-20240430.htm
  HTML page:      https://secwatch.observer/filing/0000899715-24-000090

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