Welcome to our dedicated page for TANGER news (Ticker: SKT), a resource for investors and traders seeking the latest updates and insights on TANGER stock.
Tanger Inc. operates as a publicly traded REIT focused on outlet and open-air retail shopping destinations in the United States and Canada. Company news commonly covers portfolio leasing, tenant sales trends, remerchandising activity, occupancy drivers, and the performance of its outlet centers and open-air lifestyle centers.
Recurring updates also address quarterly operating results, same-center net operating income, dividend declarations, balance sheet capacity, unsecured financing activity, and capital allocation. Governance-related announcements include board leadership and transparency matters, reflecting Tanger’s status as a listed REIT with a portfolio of retail properties serving brand-name tenants and shoppers across tourist destinations and regional markets.
Tanger (NYSE: SKT) announced that its ongoing renovation of Tanger Outlets Foley in southern Alabama will include a reimagined dining and entertainment area, with Shake Shack secured as the first new restaurant. The company is modernizing the more than 500,000-square-foot center while preserving its coastal character.
According to Tanger, the project will dedicate about 20,000 square feet to experiential food and beverage uses, with capacity for up to eight new dining concepts. The redesigned space will feature patios, walkable dining zones, and social gathering areas, and the Shake Shack will be only the chain’s second Alabama location and its first in the greater Gulf South market.
Tanger (NYSE: SKT) reported second quarter 2026 diluted net income of $0.29 per share ($33.0 million) versus $0.26 ($29.9 million) a year earlier. FFO and Core FFO rose to $0.64 per share ($77.1 million) from $0.58 ($68.6 million). Same Center NOI increased 3.5% to $106.9 million, with portfolio occupancy at 96.6%, down sequentially from 97.0% but flat year over year. Tenant sales per square foot grew to $487 from $465.
The company completed the $60 million cash acquisition of Levis Commons Town Center, targeting an ~8.5% first-year return, and bought five Saks Off 5th leases for $4.3 million. Tanger ended the quarter with about $1.0 billion of liquidity, net debt to Adjusted EBITDAre of 4.7x, and a FAD payout ratio of 64%. The board raised the quarterly dividend 7% to $0.3125 per share. Management increased 2026 guidance, now expecting diluted FFO per share of $2.45–$2.52 and net income per share of $1.06–$1.13, and lifted Same Center NOI growth assumptions to 2.75%–4.25%.
Tanger (NYSE: SKT) announced that its Board of Directors has declared a quarterly cash dividend of $0.3125 per share. The dividend is payable on August 14, 2026, to common shareholders of record as of July 31, 2026.
SK Telecom (NYSE: SKM) plans to build up to 15GW of AI data center capacity to position Korea as Asia's AI infrastructure hub. Starting from its Ulsan site, SKT targets 5GW domestic capacity coming online in stages from 2029, then scaling to 15GW overall.
According to SKT, a typical 1GW-class AI data center may cost about KRW 70 trillion, funded through company capital, strategic partners, long-term customer contracts, and project financing. SKT also plans to launch an AI Factory in 2027 and will coordinate full-stack capabilities across SK Group affiliates.
Tanger (NYSE: SKT) will release its second quarter 2026 financial results for the period ended June 30, 2026 on Tuesday, August 4, 2026 after market close.
A related conference call and live audio webcast will be held on Wednesday, August 5, 2026 at 8:30 a.m. ET, with an archive available through August 19, 2026.
Tanger (NYSE: SKT), a leading open-air retail center owner, received two national 2026 honors for workplace culture and investor communications. Newsweek named Tanger one of “America’s Greatest Midsized Workplaces,” while Nareit awarded it a 2026 Investor CARE Gold Award for Small Cap Equity REITs.
Tanger (NYSE: SKT) acquired The Town Center at Levis Commons, a 300,000-square-foot open-air lifestyle center in the Perrysburg submarket of Toledo, Ohio, for approximately $60 million, funded with cash and available liquidity.
Management expects a first-year return of about 8.5%. The center is 97% occupied with a mix of national retailers, restaurants, and entertainment, and becomes Tanger’s fourth full-price, open-air lifestyle destination, supporting its external growth strategy.
Tanger (NYSE:SKT) will participate in Nareit’s REITweek 2026 Investor Conference from June 2–4, 2026. Company leaders will join an analyst-led Q&A session on June 2, 2026 at 10:15 a.m. ET.
A live audio webcast and replay will be accessible via Tanger’s investor relations website.
Tanger (NYSE: SKT) released its 2025 Impact Report for the year ended December 31, 2025, marking ten years of sustainability and corporate responsibility reporting. The company was also named a 2026 Green Lease Leader at the Silver level.
Highlights include a 12% increase in onsite solar capacity to nearly 17.5 MW across 11 centers, completion of a portfolio-wide utility audit, new LEED O+M certifications in Nashville and Huntsville, expansion of employee resource groups, a first 3-Star GRESB Rating, and multiple Nareit and Newsweek recognitions.
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