Tanger Q2 EPS $0.26, FFO $0.58 per share; raises full-year 2025 guidance

TANGER INC.

2025-Q2 EPS reported $0.43 revenue$276,057,000

GAAP EPS $0.26 ($29.9M) vs $0.22 ($24.6M) in prior-year quarter.
Core FFO per share $0.58 ($68.6M) vs $0.53 ($60.9M) prior year.
YTD net income $0.43 per share includes $0.04 impairment from Howell, MI center sale.
Full-year 2025 Core FFO guidance raised; specifics in supplemental.
Robust leasing activity with positive rent spreads; low-leveraged balance sheet.

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