Tanger Inc (SKT) reported disappointing financial results for the third quarter of fiscal 2025. The company's earnings per share (EPS) of $0.28 fell short of Wall Street's consensus estimate of $0.33, missing by $0.05. Revenue matched expectations at $0.1 billion but did not exceed them.
The results highlight potential challenges facing the company, which operates upscale open-air outlet centers across the United States and Canada. With a market capitalisation of $3,803.78 million and a price-to-earnings (P/E) ratio of 37.8, Tanger Inc remains a significant player in the real estate sector, managing approximately 38 outlet centers and over 3,000 stores from more than 700 brand-name companies.
Tanger Inc will host an earnings conference call to discuss these results further and provide additional insights into its business performance. Upcoming earnings are scheduled for August 2, 2026, with an EPS estimate of $0.2677 and revenue also estimated at $0.1 billion.
This earnings report provides insight into Tanger Inc's operational performance and financial health. Investors are encouraged to review the full earnings release and listen to management commentary for complete context on the quarter's performance and future outlook.