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Tanger achieves 20th LEED-certified shopping center, and Tanger centers across the U.S. are recognized as StormReady® and WELL Health-Safety Rated Tanger® (NYSE:SKT), a leading owner and operator of outlet and open-air retail shopping destinations, has earned additional recognition from national certification programs for taking steps to address climate change and enhance well-being at its centers. With these actions, Tanger now has achieved LEED certification for 20 centers, or 58% of its owned and managed portfolio by gross leasable area. Additionally, Tanger has expanded recognition of its centers as StormReady® and WELL Health-Safety Rated. This press release features multimedia. Vie

Achieves 11th Consecutive Quarter of Positive Rent Spreads All Centers Open and Operating after Multiple Storms Tanger® (NYSE:SKT), a leading owner and operator of outlet and open-air retail shopping destinations, today reported financial results and operating metrics for the three and nine months ended September 30, 2024. "I am pleased to announce another quarter of strong performance and an increase in our full-year guidance," said Stephen Yalof, President and Chief Executive Officer. "Our team remains focused on elevating our shopper experience and attracting in-demand retailer brands and a diversified tenant mix, along with more food and beverage and experiential destinations. Our st

Tanger® (NYSE:SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its Board of Directors declared a quarterly cash dividend of $0.275 per share, payable on November 15, 2024 to common shareholders of record on October 31, 2024. About Tanger® Tanger Inc. (NYSE:SKT) is a leading owner and operator of outlet and open-air retail shopping destinations, with over 43 years of expertise in the retail and outlet shopping industries. Tanger's portfolio of 38 outlet centers, one adjacent managed center, and one open-air lifestyle center includes over 15 million square feet well positioned across tourist destinations and vibrant markets in 20 U

GREENSBORO, N.C., Sept. 23, 2024 /PRNewswire/ -- Tanger® (NYSE:SKT), a leading operator of outlet and open-air retail shopping destinations, announced today that the company's board of directors has elected Sonia Syngal as a director of the company, effective September 23, 2024. This addition expands Tanger's board from nine to 10 members. Syngal is the former CEO of Gap Inc. and has nearly 30 years of industry experience and leadership, with a proven track record in global supply chain operations, brand management, and product-to-market innovation across the retail, technology, and automotive sectors. As CEO of Gap Inc. from 2020 to 2022, Syngal led the leading U.S. apparel provider throug

GREENSBORO, N.C., Aug. 21, 2024 /PRNewswire/ -- Tanger® (NYSE:SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its financial results for the quarter ended September 30, 2024 will be released on Wednesday, November 6, 2024 after the market close. The Company will host its conference call for analysts, investors, and other interested parties on Thursday, November 7, 2024 at 8:30 a.m. Eastern Time. To access the conference call, listeners should dial 1-877-605-1702. A live audio webcast of this call will be available to the public on Tanger's Investor Relations website, investors.tanger.com. A telephone replay of the call will be avail

Achieves 10th Consecutive Quarter of Positive Rent Spreads Successfully Executing on Tenant Diversification and Re-merchandising Strategy Balance Sheet Remains Well Positioned GREENSBORO, N.C., Aug. 1, 2024 /PRNewswire/ -- Tanger® (NYSE:SKT), a leading owner and operator of outlet and open-air retail shopping destinations, today reported financial results and operating metrics for the three and six months ended June 30, 2024. "I am pleased to announce another quarter of strong performance and an increase in our full-year guidance," said Stephen Yalof, President and Chief Executive Officer. "Our team continues to execute on our strategic plan, which is translating into total rent growth inclu

GREENSBORO, N.C., July 16, 2024 /PRNewswire/ -- Tanger® (NYSE:SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its Board of Directors declared a quarterly cash dividend of $0.275 per share, payable on August 15, 2024 to common shareholders of record on July 31, 2024. About Tanger®Tanger Inc. (NYSE:SKT) is a leading owner and operator of outlet and open-air retail shopping destinations, with over 43 years of expertise in the retail and outlet shopping industries. Tanger's portfolio of 38 outlet centers, one adjacent managed center, and one open-air lifestyle center includes over 15 million square feet well positioned across tourist

GREENSBORO, N.C., June 6, 2024 /PRNewswire/ -- Tanger® (NYSE:SKT), a leading owner and operator of outlet and open-air retail shopping destinations, has been recognized by Nareit, the National Association of Real Estate Investment Trusts, with the 2024 Nareit Investor CARE (Communications and Reporting Excellence) Gold Award in the Small Cap Equity REIT category. Nareit announced the 2024 Investor CARE Award recipients during its REITweek 2024 Investor Conference this week. This annual awards program recognizes Nareit's listed corporate members that interact most effectively with their investors online, in writing and orally, and that provide investors with the most comprehensive, clearly ar

Prestige beauty brand will open five stores in Tanger shopping centers later this year, growing and elevating Tanger's beauty and wellness offerings GREENSBORO, N.C., June 3, 2024 /PRNewswire/ -- Tanger® (NYSE:SKT), a leading owner and operator of outlet and open-air retail shopping destinations, will bring five additional Sephora stores to its shopping centers this year, significantly advancing Tanger's offerings in the beauty and wellness category. Sephora is the largest prestige beauty retailer in the world. The five new Sephora locations, each averaging approximately 5,000 square feet, will open later this year in Tanger's shopping centers in Charleston, S.C.; Deer Park, N.Y.; National

GREENSBORO, N.C., May 28, 2024 /PRNewswire/ -- Tanger® (NYSE:SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that it will participate in Nareit's REITweek 2024 Investor Conference from June 4 through June 6, 2024. Stephen Yalof, President and Chief Executive Officer, and Michael Bilerman, Executive Vice President, Chief Financial Officer and Chief Investment Officer, will participate in an analyst-led Q&A session on Tuesday, June 4, 2024 at 10:15 a.m. Eastern Time. A link to the live audio-only webcast will be available online at investors.tanger.com/news-events or at Tanger 2024 REITweek Presentation. An online replay will be available

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The five new Sephora locations, each averaging approximately 5,000 square feet, will open later this year in Tanger's shopping centers in Charleston, S.C.; Deer Park, N.Y.; National Harbor, Md.; Palm Beach, Fla.; and Phoenix/Glendale, Ariz. 

During the last three months, 7 analysts shared their evaluations of Tanger (NYSE:SKT), revealing diverse outlooks from bullish to bearish. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 0 5 0 0 Last 30D 0 0 1 0 0 1M Ago 1 0 1 0 0 2M Ago 1 0 1 0 0 3M Ago 0 0 2 0 0 Analysts have set 12-month price targets for Tanger, revealing an average target of $29.86, a high estimate of $33.00, and a low estimate of $28.00. This current

Scotiabank analyst Greg McGinniss upgrades Tanger (NYSE:SKT) from Sector Underperform to Sector Perform and raises the price target from $20 to $28.

Compass Point analyst Floris Van Dijkum upgrades Tanger (NYSE:SKT) from Neutral to Buy and announces $32 price target.

In the preceding three months, 5 analysts have released ratings for Tanger (NYSE:SKT), presenting a wide array of perspectives from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 0 4 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 1 0 0 2M Ago 1 0 0 0 0 3M Ago 0 0 2 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $29.8, a high estimate of $33.00, and a low estimate of $28.00. This upward trend is evident, with the current average reflecti

Evercore ISI Group analyst Samir Khanal maintains Tanger (NYSE:SKT) with a In-Line and lowers the price target from $29 to $28.

Tanger Factory Outlet (NYSE:SKT) reported quarterly earnings of $0.52 per share which beat the analyst consensus estimate of $0.51 by 1.96 percent. This is a 13.04 percent increase over earnings of $0.46 per share from the same period last year. The company reported quarterly sales of $123.371 million which beat the analyst consensus estimate of $122.804 million by 0.46 percent. This is a 13.24 percent increase over sales of $108.943 million the same period last year.

Tanger® (NYSE:SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its Board of Directors approved a 5.8% increase in the dividend on its common shares from $1.04 to $1.10 per share on an annualized basis. Simultaneously, the Board of Directors declared a quarterly cash dividend of $0.275 per share, payable on May 15, 2024 to common shareholders of record on April 30, 2024."With the foundation of our well-positioned balance sheet and the strength of our operating platform, we have the liquidity and flexibility to grow our well-covered dividend and return capital to our shareholders," said Stephen Yalof, President and Chief Executive Off

Achieves 11th Consecutive Quarter of Positive Rent Spreads All Centers Open and Operating after Multiple Storms Tanger® (NYSE:SKT), a leading owner and operator of outlet and open-air retail shopping destinations, today reported financial results and operating metrics for the three and nine months ended September 30, 2024. "I am pleased to announce another quarter of strong performance and an increase in our full-year guidance," said Stephen Yalof, President and Chief Executive Officer. "Our team remains focused on elevating our shopper experience and attracting in-demand retailer brands and a diversified tenant mix, along with more food and beverage and experiential destinations. Our st

Tanger® (NYSE:SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its Board of Directors declared a quarterly cash dividend of $0.275 per share, payable on November 15, 2024 to common shareholders of record on October 31, 2024. About Tanger® Tanger Inc. (NYSE:SKT) is a leading owner and operator of outlet and open-air retail shopping destinations, with over 43 years of expertise in the retail and outlet shopping industries. Tanger's portfolio of 38 outlet centers, one adjacent managed center, and one open-air lifestyle center includes over 15 million square feet well positioned across tourist destinations and vibrant markets in 20 U

GREENSBORO, N.C., Aug. 21, 2024 /PRNewswire/ -- Tanger® (NYSE:SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its financial results for the quarter ended September 30, 2024 will be released on Wednesday, November 6, 2024 after the market close. The Company will host its conference call for analysts, investors, and other interested parties on Thursday, November 7, 2024 at 8:30 a.m. Eastern Time. To access the conference call, listeners should dial 1-877-605-1702. A live audio webcast of this call will be available to the public on Tanger's Investor Relations website, investors.tanger.com. A telephone replay of the call will be avail

Achieves 10th Consecutive Quarter of Positive Rent Spreads Successfully Executing on Tenant Diversification and Re-merchandising Strategy Balance Sheet Remains Well Positioned GREENSBORO, N.C., Aug. 1, 2024 /PRNewswire/ -- Tanger® (NYSE:SKT), a leading owner and operator of outlet and open-air retail shopping destinations, today reported financial results and operating metrics for the three and six months ended June 30, 2024. "I am pleased to announce another quarter of strong performance and an increase in our full-year guidance," said Stephen Yalof, President and Chief Executive Officer. "Our team continues to execute on our strategic plan, which is translating into total rent growth inclu

GREENSBORO, N.C., July 16, 2024 /PRNewswire/ -- Tanger® (NYSE:SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its Board of Directors declared a quarterly cash dividend of $0.275 per share, payable on August 15, 2024 to common shareholders of record on July 31, 2024. About Tanger®Tanger Inc. (NYSE:SKT) is a leading owner and operator of outlet and open-air retail shopping destinations, with over 43 years of expertise in the retail and outlet shopping industries. Tanger's portfolio of 38 outlet centers, one adjacent managed center, and one open-air lifestyle center includes over 15 million square feet well positioned across tourist

GREENSBORO, N.C., May 23, 2024 /PRNewswire/ -- Tanger® (NYSE:SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its financial results for the quarter ended June 30, 2024 will be released on Thursday, August 1, 2024 after the market close. The Company will host its conference call for analysts, investors and other interested parties on Friday, August 2, 2024 at 8:30 a.m. Eastern Time. To access the conference call, listeners should dial 1-877-605-1702. A live audio webcast of this call will be available to the public on Tanger's Investor Relations website, investors.tanger.com. A telephone replay of the call will be available from Augu

Grows Same Center Occupancy by 60 Basis Points Year Over Year Achieves 9th Consecutive Quarter of Positive Rent Spreads Increases, Extends and Improves Pricing of Unsecured Lines of Credit GREENSBORO, N.C., April 30, 2024 /PRNewswire/ -- Tanger® (NYSE:SKT), a leading owner and operator of outlet and open-air retail shopping destinations, today reported financial results and operating metrics for the three months ended March 31, 2024. "We are pleased to announce another quarter of strong financial and operating results along with a recent 6% dividend increase," said Stephen Yalof, President and Chief Executive Officer. "We are strategically focused on elevating and diversifying our tenant mix

GREENSBORO, N.C., April 10, 2024 /PRNewswire/ -- Tanger® (NYSE:SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its Board of Directors approved a 5.8% increase in the dividend on its common shares from $1.04 to $1.10 per share on an annualized basis. Simultaneously, the Board of Directors declared a quarterly cash dividend of $0.275 per share, payable on May 15, 2024 to common shareholders of record on April 30, 2024. "With the foundation of our well-positioned balance sheet and the strength of our operating platform, we have the liquidity and flexibility to grow our well-covered dividend and return capital to our shareholders," sai

GREENSBORO, N.C., March 11, 2024 /PRNewswire/ -- Tanger® (NYSE:SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its financial results for the quarter ended March 31, 2024 will be released on Tuesday, April 30, 2024 after the market close. The Company will host its conference call for analysts, investors and other interested parties on Wednesday, May 1, 2024 at 8:30 a.m. Eastern Time. To access the conference call, listeners should dial 1-877-605-1702. A live audio webcast of this call will be available to the public on Tanger's Investor Relations website, investors.tanger.com. A telephone replay of the call will be available from Ma

Expanded Portfolio by Adding Three New Centers Achieved 8th Consecutive Quarter of Positive Rent Spreads Balance Sheet Remains Well-Positioned for Growth GREENSBORO, N.C., Feb. 15, 2024 /PRNewswire/ -- Tanger® (NYSE:SKT), a leading owner and operator of outlet and open-air retail shopping destinations, today reported financial results and operating metrics for the three months and year ended December 31, 2023. "I am pleased to report another quarter of strong results as we delivered robust organic growth, while also executing on our external growth strategy with the grand opening of Tanger Outlets Nashville and the acquisitions of Tanger Outlets Asheville and Bridge Street Town Centre in Hun

Prestige beauty brand will open five stores in Tanger shopping centers later this year, growing and elevating Tanger's beauty and wellness offerings GREENSBORO, N.C., June 3, 2024 /PRNewswire/ -- Tanger® (NYSE:SKT), a leading owner and operator of outlet and open-air retail shopping destinations, will bring five additional Sephora stores to its shopping centers this year, significantly advancing Tanger's offerings in the beauty and wellness category. Sephora is the largest prestige beauty retailer in the world. The five new Sephora locations, each averaging approximately 5,000 square feet, will open later this year in Tanger's shopping centers in Charleston, S.C.; Deer Park, N.Y.; National

GREENSBORO, N.C., Sept. 11, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE:SKT), a leading operator of upscale, open-air shopping centers, announced today the appointment of Jessica K. Norman as the company's Executive Vice President, General Counsel and Secretary, effective September 12, 2023. In this role, Ms. Norman will lead Tanger's legal organization, including its corporate governance and compliance functions. Ms. Norman will report to Stephen Yalof, President and Chief Executive Officer, and will sit on the executive leadership team. "We are very pleased to welcome Jessica Norman to the Tanger executive team and legal group," said Yalof. "Jessica has a wide range of public company exper

GREENSBORO, N.C., July 5, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE:SKT), a leading operator of upscale open-air outlet centers, today announced updates to the Company's Board of Directors. Bridget Ryan-Berman, who has been a member of the Company's Board since January 1, 2009, has been appointed lead independent director, a position previously held by David B. Henry. This is consistent with the Company's long-standing policy to rotate independent directors as the chair of the various committees and the lead director. "As part of our ongoing efforts to refresh leadership on our Board, Bridget Ryan-Berman has been appointed lead independent director," said Steven B. Tanger, Executive Chair

RLJ Lodging Trust ("RLJ" or the "Company") (NYSE:RLJ) today announced the appointment of Chad D. Perry as Executive Vice President and General Counsel. Prior to his appointment, Mr. Perry served as Executive Vice President, General Counsel and Secretary of Tanger Factory Outlet Centers, Inc. (NYSE:SKT). In his role at RLJ, Mr. Perry will lead the Company's legal department, reporting to President and Chief Executive Officer Leslie D. Hale. "I am thrilled to welcome Chad to RLJ," said Leslie D. Hale, RLJ's President and CEO. "Chad has a strong track record of effectively overseeing legal affairs, corporate governance, and risk management, in addition to his extensive background in the REIT

Guerrilla RF, Inc. (OTCQX:GUER), a leading provider of state-of-the-art RF and microwave communications solutions, today announced the appointment of Virginia R. Summerell to its Board of Directors effective February 20, 2023. Summerell is Guerrilla RF's second female board member, and she is part of an increasingly diverse board. As Guerrilla RF executes its plans for growth, the company intends to draw on Summerell's financial expertise gained from her leadership at Tanger Outlet Centers, Inc. ("Tanger") (NYSE:SKT). Her experience at Tanger, involving the company's evolution from a privately held family business to a publicly traded company, is expected to be especially helpful as Guerril

GREENSBORO, N.C., Sept. 19, 2022 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE:SKT), a leading operator of upscale, open-air outlet centers, announced today the appointment of Michael Bilerman as the company's EVP, Chief Financial Officer and Chief Investment Officer. Mr. Bilerman will leverage his significant industry knowledge and relationships as he focuses on further enhancing the company's strategic growth initiatives, managing the finance, capital markets and investor relations teams and leading the company's Capital Allocation and Investment Committees. Mr. Bilerman will report to Stephen Yalof, President and Chief Executive Officer, and will sit on the Office of the Presi

GREENSBORO, N.C., Dec. 2, 2021 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT), a leader in the outlet industry, announced today the promotion of Leslie Swanson from Executive Vice President of Operations to Chief Operating Officer and the appointment of Andrew Wingrove to the role of Chief Commercial Officer. In these new roles, Swanson will continue to play a critical role in driving and maintaining operational results within the company, while Wingrove will focus on the brand's customer experience and loyalty.    Leslie Swanson's promotion to Chief Operating Officer will give her the opportunity to drive the company's operating principles with direct oversight of Operation

GREENSBORO, N.C., Aug. 19, 2021 /PRNewswire/ -- Tanger Factory Outlet Centers (NYSE:SKT), a leader in the outlet industry, today announced the appointment of Virginie Julie Schena as SVP, People and Culture. In this role, Schena will be responsible for leading the overall people strategy, vision, planning and execution. She will report directly to Chad Perry, Executive Vice President, General Counsel and Secretary. "I am thrilled to welcome Virginie to the Tanger team and look forward to working with her to foster a diverse workplace committed to innovation, teamwork, and excellence," said Mr. Perry. "Her invaluable experience creating award-winning workplaces, teams, and practices will empo

GREENSBORO, N.C., May 25, 2021 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE:SKT), a leader in the outlet industry, today announced the appointment of Steve Dworkin as Senior Vice President of Real Estate and Steven Silverstein as Assistant Vice President of Leasing. In these roles, Dworkin will be responsible for real estate and new development, while Silverstein will oversee leasing strategy and new development. "I am delighted to welcome Steve Dworkin and Steven Silverstein to the team," said Mr. Yalof. "Both bring invaluable industry knowledge and insight to their respective roles, and will drive concrete results for the company. Tanger will benefit considerably from their ex

GREENSBORO, N.C., Jan. 14, 2021 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT), a leading operator of upscale open-air outlet centers, announced today that its Board of Directors declared a cash dividend of $0.1775 per share, payable on February 12, 2021 to common shareholders of record on January 29, 2021. "This dividend declaration reflects Tanger's strong liquidity position, with more than $80 million of cash on hand and $600 million of undrawn lines of credit, and the Board's confidence in our business, as demonstrated by the positive traffic and rent collections trends we recently reported," said Stephen Yalof, President and Chief Executive Officer. The Company curr