Highest-materiality recent filing
Tanger Q2 FFO $0.64 beats $0.58 prior year; raises 2026 guidance
Net income $0.29/share ($33.0M) vs $0.26 ($29.9M) prior year; FFO $0.64/share ($77.1M) vs $0.58 ($68.6M).
Tanger Q1 FFO $0.59 vs $0.53 YoY, raises 2026 guidance, ups dividend 7%
Net income per share $0.24 ($28.1M) vs $0.17 ($19.0M) in Q1 2025.
Tanger Q4 EPS $0.29 vs $0.23 YoY; FFO $0.63; introduces 2026 guidance
Q4 net income $33.2M ($0.29/diluted share) up from $26.3M ($0.23) prior year.
Tanger Q3 Core FFO $0.60/share, up from $0.54; raises 2025 guidance
Net income $0.28/share ($31.8M) vs $0.22/share prior year; Core FFO $0.60/share ($71.1M) vs $0.54.
Tanger Q2 EPS $0.26, FFO $0.58 per share; raises full-year 2025 guidance
GAAP EPS $0.26 ($29.9M) vs $0.22 ($24.6M) in prior-year quarter.
Tanger Q1 net income $0.17/sh down YoY; Core FFO $0.53/sh up, includes $4.2M impairment
Net income available to common shareholders $19.0M ($0.17 per share) vs $22.2M ($0.20) in Q1 2024.
Tanger reports Q4 FFO $0.54/share, acquires two shopping centers, introduces 2025 guidance
Q4 net income $0.23/share ($26.3M), up from $0.22/share ($23.5M) YoY.
Tanger raises full-year 2024 guidance; Q3 FFO per share up 8% YoY to $0.54
Q3 net income $0.22/diluted share ($24.6M) vs $0.26 prior year; FFO $0.54/share ($62.7M) up from $0.50.
Tanger Q2 2024: FFO per share $0.53, raises full-year guidance
Net income $0.22 per share ($24.6M) vs $0.23 per share ($23.9M) in Q2 2023.
Tanger Q1 Core FFO $0.52/share, raises FY2024 guidance
Net income $0.20/diluted share ($22.2M) vs $0.22 ($23.3M) prior year.
Tanger Q4 FFO/share $0.52 vs $0.47 YoY; full year FFO $1.96/share; introduces 2024 guidance
Q4 net income $0.22/share ($23.5M) vs $0.17/share ($18.1M) in prior year.
Tanger raises FY2023 guidance; Q3 FFO $0.50 vs $0.47; occupancy up 150 bps YoY
Q3 net income $0.26/sh ($27.2M); FFO $0.50/sh ($55.8M), up from $0.47/sh prior year.
Tanger Q2 FFO $0.47 beats prior year; raises FY guidance; occupancy up 230bps YoY
Net income $0.23 per share ($23.9M) vs $0.19 ($19.7M) in prior year.
Tanger Q1 net income $0.22/sh, Core FFO $0.46/sh; raises full-year guidance
Net income $0.22/sh ($23.3M) vs $0.19/sh ($20.3M) YoY.
Tanger Q4 2022 Core FFO $0.47/share, occupancy up 170 bps, introduces 2023 guidance
Q4 net income $0.17/share ($18.1M) vs $0.12/share ($13.0M) in 2021; includes $0.03 gain on sale.
Tanger Q3 EPS $0.22, raises FY guidance; occupancy 96.5%, dividend up 10%
Q3 net income $23M ($0.22/share) vs prior year loss $11M ($0.11); Core FFO $0.47/share flat YoY.
Michael Bilerman appointed EVP, CFO and Chief Investment Officer, expected to start in Q4 2022.
Tanger Q2 2022: FFO $0.45/sh, occupancy 94.9%, raised guidance midpoint
Net income $0.19/sh ($19.7M) vs $0.02/sh ($2.3M) in prior-year quarter; Core FFO $0.45/sh ($48.8M).
Tanger CFO James Williams departs; Thomas Guerrieri named interim principal financial officer
James F. Williams will no longer serve as EVP, CFO and Treasurer effective July 1, 2022.
Tanger CFO James F. Williams to depart July 1; search for successor started
James F. Williams notified May 31, 2022 that he will no longer serve as EVP, CFO and Treasurer.
Tanger Q1 net income $0.19, FFO $0.45, occupancy 94.3%, raises guidance
Net income $0.19 per diluted share ($20.3M); Core FFO $0.45 per share ($49.4M).
Tanger Q4 2021 Core FFO $0.45; occupancy 95.3%, tenant sales $468/sq ft
Net income $0.12/share ($13.0M) vs $0.00 in Q4 2020; includes $7.0M impairment.
Tanger Q3 Core FFO $0.47/sh; tenant sales $448/sq ft, up 13% vs 2019
Core FFO of $51.8M ($0.47/sh) vs $42.6M ($0.44) prior year; GAAP net loss includes $33.8M debt extinguishment.
EVP of Leasing Lisa Morrison resigns, enters consulting agreement with Tanger
Morrison resigned as EVP of Leasing effective Sept 9, 2021.
Tanger Q2 Core FFO $0.43 vs $0.10; raises FY guidance; traffic above 2019
Net income $0.02/share ($2.3M) vs net loss ($0.25) in prior year; Core FFO $0.43/share ($46.3M) vs $0.10.
On January 3, 2023, Chad D. Perry, Executive Vice President, General Counsel and Secretary, notified Tanger Factory Outlet Centers, Inc. of his resignation effective April 3, 2023.
as of the Effective Date, Thomas J. Guerrieri, Jr. will no longer serve as the Company’s principal financial officer, but will remain the Company’s principal accounting officer.
On September 19, 2022, the Board of Directors (the “Board”) of Tanger Factory Outlet Centers, Inc. (the “Company”) appointed Michael Bilerman as the Company’s Executive Vice President, Chief Financial Officer and Chief Investment Officer, effective upon his commencement of employment which is expected to be in the fourth quarter of 2022 (the “Effective Date”).
James F. Williams will no longer serve as Executive Vice President, Chief Financial Officer and Treasurer of Tanger Factory Outlet Centers, Inc. (the “Company”) as well as all roles with the Company’s subsidiaries, effective July 1, 2022.
the Board appointed Thomas J. Guerrieri Jr., the Company’s Senior Vice President and Chief Accounting Officer, as principal financial officer on an interim basis, effective July 1, 2022
On May 31, 2022, Tanger Factory Outlet Centers, Inc. (the “Company”) notified James F. Williams that he would no longer serve as Executive Vice President, Chief Financial Officer and Treasurer of the Company as well as all roles with the Company’s subsidiaries.
On November 30, 2021, Tanger Factory Outlet Centers, Inc. (the “Company”) promoted Leslie Swanson, the Company’s current Executive Vice President of Operations, to the role of Executive Vice President and Chief Operating Officer of the Company, effective December 1, 2021.
Ms. Morrison formally resigned from her role as Executive Vice President of Leasing, effective September 9, 2021
On September 1, 2021, Lisa J. Morrison, Executive Vice President of Leasing of Tanger Factory Outlet Centers, Inc. (the “Company”) notified the Company of her intention to transition from her executive officer role that is expected to become effective upon entry into a Transition and Consulting Agreement between Ms. Morrison and the Company or at a later date to be determined.
Max materiality 0.80 · Median 0.75 · Most common event earnings