Tanger Factory Outlet Centers (SKT) Misses Q2 EPS by 22c, Revenues Miss
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Tanger Reports Second Quarter Results & Provides COVID-19 Update
August 5, 2020 4:37 PM EDTGREENSBORO, N.C., Aug. 5, 2020 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT) today reported financial results for the three and six months ended June 30, 2020 and operating metrics for the second quarter of 2020 and provided a COVID-19 update.
"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 position remains strong, with cash on hand and line of credit capacity totaling more than half a billion dollars at... More
