Every material Form 8-K Tanger Factory Outlet Centers filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Tanger Inc. reported third-quarter 2026 results that improved from the prior year and raised its full-year 2026 FFO per share guidance to $2.49 to $2.53 from $2.45 to $2.52. The company also declared a quarterly dividend of $0.3125 per share, up 7% from the October 2025 dividend of $0.2925.
Third-quarter diluted net income was $0.29 per share, up from $0.28, and FFO was $0.64 per share, up from $0.60 a year earlier.
Full-year 2026 diluted FFO per share guidance is $2.49 to $2.53, up from the previous $2.45 to $2.52; diluted net income per share guidance is $1.08 to $1.12, versus the previous $1.06 to $1.13.
Same Center NOI rose 4.2% to $108.4 million in the third quarter, and occupancy was 97.3% on September 30, 2026.
The company repaid $350 million of senior unsecured notes that matured in September 2026, using $150 million of delayed draw term loan proceeds and cash on hand.
Tanger Inc. reported second-quarter 2026 diluted net income of $0.29 per share and FFO of $0.64 per share, up from $0.26 and $0.58 a year earlier. The company raised its full-year 2026 diluted FFO per share estimate to $2.45 to $2.52 from $2.42 to $2.50, and occupancy eased to 96.6% from 97.0% in March as the company recaptured some spaces.
Q2 2026 diluted net income was $0.29 per share ($33.0 million), compared with $0.26 ($29.9 million) in Q2 2025.
Q2 2026 FFO available to common shareholders was $0.64 per share ($77.1 million), compared with $0.58 ($68.6 million).
2026 guidance: diluted FFO per share raised to $2.45 to $2.52 from $2.42 to $2.50; diluted net income per share $1.06 to $1.13, with the low end raised from $1.05.
Occupancy was 96.6% on June 30, 2026, down from 97.0% on March 31, 2026; the board set a $0.3125 quarterly dividend, up 7%.
Tanger reported first-quarter 2026 diluted net income of $0.24 per share, up from $0.17, and FFO of $0.59 per share, up from $0.53, with prior-year results including a $0.04 per share impairment charge. The company raised its full-year 2026 diluted FFO per share estimate to $2.42 to $2.50 from $2.41 to $2.49 and lifted the net income per share range to $1.05 to $1.13, and its board approved a 6.8% dividend increase to $1.25 per share annualized.
Q1 2026 net income available to common shareholders was $28.1 million, or $0.24 per share, versus $19.0 million, or $0.17 per share, a year earlier.
Q1 2026 FFO available to common shareholders was $70.4 million, or $0.59 per share, versus $62.7 million, or $0.53 per share.
2026 diluted FFO per share guidance is $2.42 to $2.50, up from $2.41 to $2.49; diluted net income per share guidance is $1.05 to $1.13, up from $1.04 to $1.12.
Board approved a 6.8% dividend increase to $1.25 per share annualized; quarterly dividend of $0.3125 is payable May 15, 2026.
Tanger entered a new at-the-market equity program with a maximum gross sales price of $400 million, replacing its February 24, 2025 sales agreement, which it terminated without having issued any shares. The company may sell shares from time to time at its discretion and has no obligation to sell, so the program's dilutive effect depends on future sales that the filing does not quantify.
Maximum aggregate gross sales price under the 2026 Sales Agreement is $400 million.
Sales agents include BofA Securities, Wells Fargo Securities, BTIG, Mizuho, Nomura, Regions, Scotia Capital, TD Securities, and Truist Securities, among others.
Compensation to each sales agent will not exceed 2.0% of gross sales price of issuance shares sold through it.
Company intends to use net proceeds for general corporate purposes, including acquisitions, development, and debt repayment; the 2025 agreement had no shares issued as of February 26, 2026.
Tanger reported fourth-quarter 2025 diluted net income of $0.29 per share, up from $0.23, and FFO of $0.63 per share, up from $0.54, with quarterly total revenues of $160.3 million versus $140.7 million a year earlier. The company also introduced full-year 2026 guidance of $2.41 to $2.49 in diluted FFO per share and $1.04 to $1.12 in diluted net income per share, and disclosed January 2026 financing transactions including $550 million of unsecured term loans.
Q4 2025 diluted net income was $0.29 per share ($33.2 million), versus $0.23 per share ($26.3 million) a year earlier
Full-year 2025 FFO was $2.33 per share ($278.0 million), versus $2.12 per share in 2024
2026 guidance: diluted FFO of $2.41 to $2.49 per share and diluted net income of $1.04 to $1.12 per share
January 2026 financing included $550 million of unsecured term loans and $250 million of 2.375% exchangeable senior notes due 2031
Tanger's operating partnership issued $250 million of 2.375% exchangeable senior notes due January 15, 2031, including a $30 million option exercise. Net proceeds were about $243 million, which the company plans to use to repay a $350 million 3.125% note maturing September 1, 2026, repay credit line debt, and for general corporate purposes. The notes can be exchanged for Tanger common shares at an initial price of about $41.55, a 22.5% premium over the January 7, 2026 closing price of $33.92.
Notes: $250 million principal at 2.375% interest, maturing January 15, 2031, including $30 million from full exercise of the initial purchasers' option.
Net proceeds of about $243 million; about $20 million used to repurchase roughly 0.6 million common shares at $33.92 and about $9 million used for capped call transactions.
Planned use: repay the $350 million 3.125% senior notes due September 1, 2026, and outstanding unsecured line of credit debt.
Initial exchange price of about $41.55 per share; the notes are guaranteed by Tanger Inc. on a senior unsecured basis.
Tanger's operating partnership closed on $550 million of new and amended unsecured term loans, raising total term loan capacity by $225 million, with $150 million available under delayed draw features. The company also amended its $600 million revolving credit facility and $20 million liquidity line to remove a 10 basis point SOFR credit adjustment spread, and it said the deal extends debt maturities and lowers pricing.
Amended 2030 term loan: capacity raised from $325 million to $350 million, maturity extended to December 11, 2030, priced at SOFR plus 95 basis points
New 2033 term loan: $200 million, maturing January 6, 2033, priced at SOFR plus 125 basis points, with a $50 million delayed draw feature
Company drew $400 million at closing; the initial $75 million of incremental proceeds is expected to reduce borrowings under its $620 million unsecured lines of credit and for working capital
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Tanger Factory Outlet Centers filing is on SEC EDGAR ↗. 8-K briefs of other companies →