SKT Tanger (SKT) Q4 FY25 earnings call
Tanger Inc. concluded FY25 with robust Q4 performance, driven by record leasing activity and strong core FFO growth, positioning the company for continued organic expansion. Strategic capital markets transactions have bolstered liquidity and extended debt duration, providing flexibility for portfolio reinvestment and selective external growth. Management remains focused on enhancing tenant mix and customer experience to drive long-term value.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
SKT operating KPIs by quarter
| KPI | This call Dec 2025 Q4 FY25 | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|---|
| Occupancy rate | 98.1%Occupancy at year-end was 98.1%, a 70 basis point sequential increase, and we delivered another quarter of positive rent spreads and extended lease terms for both renewals and new deals.Source: earnings call transcript | 97%Occupancy ended the quarter at 97%, up 120 basis points year-over-year.Source: earnings call transcript | 96.6%Quarter-end occupancy of 96.6% is in line with a year ago and, as expected, a slight moderation from the first quarter reflecting our proactive recapture of the Saks Off 5th space we discussed last quarter.Source: earnings call transcript | -0.4 pt |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.