Tanger Reports Second Quarter Results & Provides COVID-19 Update
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Tanger Factory Outlet Centers (SKT) Misses Q2 EPS by 22c, Revenues Miss
August 5, 2020 5:21 PM EDTTanger Factory Outlet Centers (NYSE: SKT) reported Q2 EPS of ($0.25), $0.22 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $63.99 million versus the consensus estimate of $99.78 million.
"We continue to recover from the government-mandated store closures that started in mid-March. Almost all stores have now reopened and our cash flow was positive in July. Tanger's liquidity... More
