Tanger Q3 Core FFO $0.60/share, up from $0.54; raises 2025 guidance

TANGER INC.

2025-Q3 EPS reported $0.71 revenue$421,265,000

Net income $0.28/share ($31.8M) vs $0.22/share prior year; Core FFO $0.60/share ($71.1M) vs $0.54.
Record leasing volume and all-time high sales productivity reported for the quarter.
Acquired Legends Outlets (rebranded Tanger Kansas City at Legends), sixth center added in <2 years.
Full-year 2025 Core FFO guidance increased; prior midpoint $2.20-$2.30 now raised (specifics in release).
YTD net income $0.71/share ($80.7M) includes $4.2M impairment on Howell, MI center sold April 2025.

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