Tanger Reports First Quarter Results
Collected 95% of First Quarter Rents
April Domestic Traffic Exceeds 2019
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GREENSBORO, N.C., May 5, 2021 /PRNewswire/
Tanger Factory Outlet Centers, Inc. (NYSE: SKT), a leading owner and operator of open-air outlet centers, today reported financial results and operating metrics for the first quarter of 2021. We are pleased that traffic to our domestic open-air centers reached 97% of 2019 levels during the first quarter of 2021, and exceeded 2019 levels in April. These strong results clearly reflect the attraction of our centers, their dominant market locations and the value proposition that we offer to both our retailer partners and shoppers, said Stephen Yalof, President and Chief Executive Officer. As we further evolve Tanger s core strategies – the leasing, operations and marketing of our outlet centers, we are empowering our team as we rebuild occupancy, drive leasing and curate our tenant mix
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