Tanger Reports Third Quarter Results and Increases 2026 Guidance
Business Wire•04/11/2026•16:05 ET
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Key Highlights
- ➤2026 FFO guidance raised to $2.49-$2.53 per share
- ➤Q3 FFO reached $0.64 per share, up from $0.60 year over year
- ➤2026 same-center NOI growth guidance raised to 3.50%-4.25%
- ➤Same-center NOI increased 4.2% to $108.4 million
- ➤Tanger fully repaid $350 million of senior unsecured notes
Expert Statements
Stephen Yalof, President and Chief Executive Officer of Tanger
“Tanger drove another quarter of solid financial and operating results, and we are raising our full-year guidance. Our portfolio continues to attract sought-after brands, restaurants, entertainment, and service uses, while our marketing strategies are drawing a wide range of shoppers, collectively boosting our performance. We see a long runway for growth, driven by strong retailer demand and health, limited new supply, and robust population growth in our markets.”
Stephen Yalof, President and Chief Executive Officer of Tanger
“We continued to strengthen our financial position using cash on hand and delayed draws on our term loans to repay our maturing notes while keeping leverage low and liquidity strong. Tanger’s differentiated leasing, operating, and marketing platforms and disciplined financial strategies are driving sustained value for our stakeholders as we execute our growth strategies to increase NOI, expand our portfolio, and unlock additional value at our centers.”
Tanger Reports Third Quarter Results and Increases 2026 Guidance
Balance Sheet Strength Supports Continued Growth and Flexibility
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