Tanger Inc. reported second quarter net income available to shareholders of $0.29 per share, or $33 million, up from $0.26 per share, or $29.9 million a year earlier, beating analysts' estimates. The company also raised its fiscal 2026 outlook for diluted funds from operations per share to a range of $2.45 to $2.52, compared with the prior forecast of $2.42 to $2.50. President and CEO Stephen Yalof attributed the results to strong execution across leasing, operating, and marketing platforms, as well as the introduction of sought-after brands, restaurants, and entertainment concepts that are attracting a wide demographic of shoppers.
Tanger Factory Outlet Centers IncReported higher earnings and raised dividend and FFO outlook.
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