Tanger Factory Outlet Centers, Inc. (NYSE:SKT) Q2 2023 Earnings Conference Call August 4, 2023 8:30 AM ET
Company Participants
Ashley Curtis - Assistant VP, IR
Steven Tanger - Executive Chair
Stephen Yalof - President and CEO
Michael Bilerman - EVP, CFO and Chief Investment Officer
Doug McDonald - SVP
Conference Call Participants
Greg McGinnis - Scotiabank
Todd Thomas - KeyBanc Capital Markets
Samir Khanal - Evercore ISI
Craig Mailman - Citi
Caitlin Burrows - Goldman Sachs
Floris van Dijkum - Compass Point
Mike Mueller - JPMorgan
Emily Arft - Green Street
Ashley Curtis
Good morning. This is Ashley Curtis, and I would like to welcome you to the Tanger Factory Outlet Centers Second Quarter 2023 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.tanger.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, funds available for distribution, or FAD, same-center net operating income, adjusted EBITDAre and net debt. 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, 2023. At this time, all participants are in listen-only mode. Following management's prepared comments the call will be opened for your question. [Operator Instructions].
On the call today will be Steven Tanger, our Executive Chair; Stephen Yalof, President and Chief Executive Officer; and Michael Bilerman, Executive Vice President, Chief Financial Officer and Chief Investment Officer. In addition, other members of our leadership team will be available for Q&A.
I will now turn the call over to Steven Tanger. Please go ahead, Steve.
Steven Tanger
Good morning, and thank you for joining us for our second quarter 2023 earnings call.
The team continues to unlock the value of the Tanger platform to drive attractive organic and external growth. We look forward to the opening of our newest center in Nashville, Tennessee and we remain confident in our outlook.