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Tanger Factory Outlet Centers, Inc.'s (SKT) CEO Stephen Yalof on Q2 2021 Results - Earnings Call Transcript

Aug. 04, 2021 10:43 AM ETTanger Inc. (SKT) Stock
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Tanger Factory Outlet Centers Inc. (NYSE:SKT) Q2 2021 Earnings Conference Call August 4, 2021 8:30 AM ET

Company Participants

Steven Tanger - Executive Chair

Stephen Yalof - Chief Executive Officer

James Williams - Executive Vice President, Chief Financial Officer

Cyndi Holt - Senior Vice President, Finance and Investor Relations

Conference Call Participants

Katy McConnell - Citigroup

Ravi Vaidya - Keybanc

Samir Khanal - Evercore

Caitlin Burrows - Goldman Sachs

Craig Schmidt - Bank of America

Mike Mueller - JPMorgan

Cyndi Holt

Good morning. This is Cyndi Holt, Senior Vice President of Finance and Investor Relations. And I would like to welcome you to the Tanger Factory Outlet Centers Second Quarter 2021 Conference Call.

Yesterday evening, we issued our earnings release as well as our supplemental information package and investor presentation. This information is available on our Investor Relations website, investors.tangeroutlets.com.

Please note that during this conference call, some of management’s comments will be forward-looking statements that are subject to numerous risks and uncertainties and actual results could differ materially from those projected. We direct you to our filings with the Securities and Exchange Commission for a detailed discussion of these risks and uncertainties.

During the call, we will also discuss non-GAAP financial measures as defined by SEC Regulation G, including funds from operations or FFO, core FFO, same-center net operating income, and adjusted EBITDA. Reconciliations of these non-GAAP measures to the most directly comparable GAAP financial measures are included in our earnings release and in our supplemental information.

This call is being recorded for rebroadcast for a period of time in the future. As such, it is important to note that management’s comments include time-sensitive information that may only be accurate as of today’s date, August 4, 2021.

At this time, all participants are in listen-only mode. Following management’s prepared comments, the call

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