Tanger Inc. (SKT)
- Yahoo Finance Video
'Everybody's looking for value': Tanger CEO on consumer spending
Shares of Tanger (SKT) are trading higher after the company reported strong first quarter growth and increased its 2024 full-year guidance. Tanger CEO Stephen Yalof joins Catalysts to discuss the state of consumer spending and how Tanger continues on its path of growth. Yalof explains that "everybody's looking for value," and points to shopping outlets' ability to mark down prices almost daily as a unique advantage that attracts and retains customers. He also tells Madison Mills and Brian Sozzi that Tanger is expanding outside retail stores. The company is introducing more dining, entertainment, and fitness options to keep its customers returning. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
- PR Newswire
Tanger Reports First Quarter Results and Raises Full-Year 2024 Guidance
Tanger® (NYSE:SKT), a leading owner and operator of outlet and open-air retail shopping destinations, today reported financial results and operating metrics for the three months ended March 31, 2024.
- Zacks
Tanger (SKT) Loses -5.51% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Tanger (SKT) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
