Tanger Inc. (SKT) Q3 2024 Earnings Call Transcript Summary
Tanger Inc. (SKT) Q3 2024 Earnings Call Transcript Summary
Pro forma leverage has been reduced to 4.8 to 4.9 times, down from 5 times previously.The following is a summary of the Tanger Inc. (SKT) Q3 2024 Earnings Call Transcript:
以下是Tanger公司（SKT）2024年第三季度業績會記錄摘要：
Financial Performance:
財務表現:
Tanger Inc. reported Core FFO of $0.54 per share, an 8% increase from the previous year.
Same-center NOI increased by 4.3%, supported by a rise in rental revenues and modestly lower operating expenses.
Pro forma leverage has been reduced to 4.8 to 4.9 times, down from 5 times previously.
The company has revised its full-year core FFO guidance to $2.09-$2.13 per share, indicating a growth of 7% to 9%.
Tanger公司報告每股核心FFO爲0.54美元，比去年同期增長8%。
同中心淨營業收入增長了4.3%，得益於租金收入上升和營業費用略有降低。
基準槓桿率已從以前的5倍降至4.8至4.9倍。
公司將全年核心FFO指引修訂爲每股2.09至2.13美元，預示增長7%至9%。
Business Progress:
業務進展：
Executed 543 leases covering 2.6 million square feet over the trailing twelve months with a focus on attracting sought-after brands, mainly new to Tanger's centers.
Enhanced shopper experiences and diversified tenant mix, driving consistent traffic.
Achieved an occupancy rate of 97.4% with the eleventh consecutive quarter of positive rent spreads.
Repositioning centers to cater to evolving consumer preferences, including the introduction of food, beverage, and entertainment options.
在過去的十二個月中，已簽署了543份租賃合同，涉及260萬平方英尺，重點是吸引備受追捧的品牌，主要是Tanger中心的新入駐品牌。
優化購物體驗並多樣化租戶組合，持續推動客流量增長。
實現97.4%的入住率，並連續第十一個季度出現租金上漲。
重新定位中心以滿足不斷變化的消費者偏好，包括引入食品、飲料和娛樂選擇。
Opportunities:
機會：
The remerchandising efforts are aimed at attracting a broader, younger, and more affluent demographic, which is evidenced by the leasing of spaces to aspirational brands like Sephora.
Committed to enhancing portfolio value through strategic acquisitions and the continued robust demand for space in their centers.
Remain focused on utilizing peripheral land to add value to existing assets by attracting additional uses that complement shopping centers.
Plans to promote further growth through re-tenanting efforts, especially by replacing less productive stores with more productive ones.
重新策劃旨在吸引更廣泛、更年輕、更富裕人群的努力，通過租賃空間給像絲芙蘭這樣的夢想品牌證明。
致力於通過戰略收購和持續對其中心空間的強勁需求，提升投資組合價值。
繼續專注於利用周邊土地爲現有資產增值，吸引與購物中心相輔相成的附加用途。
計劃通過重新租賃努力進一步促進增長，特別是通過用更具生產力的店鋪取代效益較低的店鋪。
Risks:
風險：
Several of Tanger's centers were impacted by recent hurricanes, creating temporary disruptions and closures, although the physical damage was minor.
最近的颶風影響了tanger的幾個中心，導致臨時中斷和關閉，儘管實際損害很小。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由人工智能生成。內容準確性無法完全保證。如需更全面詳情，請參閱IR網站。本文僅供投資者參考，不具有任何指導或推薦建議。
