Tanger Factory Outlet Centers (SKT) Tops Q3 EPS by 19c, Revenues Beat
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Tanger Reports Third Quarter Results
November 5, 2020 4:15 PM ESTGREENSBORO, N.C., Nov. 5, 2020 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT), a leading owner and operator of open-air outlet centers, today reported financial results for the three and nine months ended September 30, 2020 and operating metrics for the third quarter of 2020.
"Our business, which is primarily open-air outlet centers, has generated positive cash flow since the start of the quarter. Rent collections for the quarter improved sequentially to 89% of billed rents and we expect to collect another 3%. Our liquidity position is strong, with $40... More
