Tanger Inc (Tanger), formerly Tanger Factory Outlet Centers Inc, offers real estate investment services. It carries out the development, acquisition, ownership, operation, and management of outlet shopping centers. The company's tenant base includes companies such as V. F. Corporation, H & M Hennes & Mauritz LP., The Gap, Inc., Nike, Inc., Carter’s, Inc., Ralph Lauren Corporation, Rack Room Shoes, Inc and others. The company owns and operates outlet centers in the US and Canada. Tanger is headquartered in Greensboro, North Carolina, the US.
Headquarters
United States of America
Address
Suite 360, 3200 Northline Avenue, Greensboro, North Carolina, 27408
Website
www.tangeroutlet.com
Telephone
1 336 2923010
No of Employees
364
Industry
Construction
Ticker Symbol & Exchange
SKT (NYSE)
Revenue (2022)
$464.4M
4.9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
20.8%
(2022 vs 2021)
Market Cap*
$3.1B
Net Profit Margin (2022)
XYZ
15.2%
(2022 vs 2021)
* As of and is in US$
Tanger Inc premium industry data and analytics
Products and Services
| Services |
|---|
| Real Estate Investment Services |
| Managing Outlet Shopping Centers |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In November, the company acquired shopping centers in Asheville, North Carolina, the US. |
| 2023 | Corporate Changes/Expansions | In October, the company opened a new Tanger outlet in Nashville. |
| 2023 | New Products/Services | In July, Tanger Outlets announced the launch of its refreshed TangerClub guest loyalty program and all-new consumer mobile app. |
Competitor Comparison
| Key Parameters | Tanger Inc | Simon Property Group Inc | Kimco Realty Corp | The Macerich Co | Agree Realty Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Greensboro | Indianapolis | Jericho | Santa Monica | Royal Oak |
| State/Province | North Carolina | Indiana | New York | California | Michigan |
| No. of Employees | 364 | 2,500 | 660 | 654 | 72 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Stephen Yalof | Director; President; Chief Executive Officer | Executive Board | 2020 | 61 |
| Michael Bilerman | Chief Financial Officer; Chief Investment Officer; Executive Vice President | Senior Management | 2022 | 48 |
| Leslie Swanson | Chief Operating Officer; Executive Vice President | Senior Management | 2021 | 53 |
| Thomas J Guerrieri Jr | Chief Accounting Officer; Senior Vice President | Senior Management | 2021 | - |
| Steven B. Tanger | Chairman | Non Executive Board | 2024 | 74 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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