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SKT · NYSE · REIT - Retail

Tanger (SKT)

Owns Tanger-branded outlets and other open-air retail centers across the United States and Canada.

$35.20

vs last close−0.41 (−1.14%)

In millions of USD, except per-share figures

In millions	Q3 FY23Sep 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	117	127	123	129	120	141	135	141	145	160	150	156
Cost of revenue	37	42	35	38	40	45	42	40	44	51	47	45
Gross profit	81	86	88	91	80	95	94	100	101	110	104	111
	90	54	53	53	54	57	56	56	56	62	60	62
	19	21	19	19	18	22	19	19	19	22	20	20
General & administrative	19	21	19	19	18	22	19	19	19	22	20	20
Other expenses	71	32	34	34	35	35	37	37	37	40	40	42
Operating income	−10	32	35	38	26	38	37	45	46	48	43	48
	39	−7	−11	−13	0	−11	−17	−13	−12	−13	−14	−18
Interest expense	12	12	14	16	15	15	16	16	16	17	19	19
Other non-operating income	−50	−5	−3	−3	−2	−4	2	−3	−4	−5	−5	−2
Income before tax	29	25	23	26	26	28	20	31	33	35	29	31
Income tax expense	0	0	0	0	0	0	0	0	0	0	0	−4
Net income from continuing operations	29	25	23	26	26	28	20	31	33	35	29	35
Net income	28	24	22	25	25	26	19	30	32	33	28	35
EPS, basic	$0.26	$0.22	$0.20	$0.23	$0.23	$0.24	$0.17	$0.27	$0.28	$0.29	$0.25	$0.29
EPS, diluted	$0.26	$0.22	$0.20	$0.22	$0.22	$0.23	$0.17	$0.26	$0.28	$0.29	$0.24	$0.29
Weighted average shares, basic	104	106	108	109	109	111	111	113	113	113	113	114
Weighted average shares, diluted	106	108	110	110	110	113	114	114	115	115	115	116
EBITDA	66	69	72	76	64	78	73	84	87	92	89	92
Depreciation & amortization	25	32	34	34	35	35	37	37	37	40	40	42
EBIT	41	37	38	42	28	43	36	48	50	52	49	50