Tanger Factory Outlets Delivers a Busy (but Unsurprising) Quarter

Tanger Factory Outlets Delivers a Busy (but Unsurprising) Quarter

Tanger Factory Outlet Centers Inc. (NYSE: SKT) announced third-quarter 2017 results earlier this week, detailing the benefits of recent remerchandising efforts, modest growth in adjusted funds from operations (AFFO), and the completion of recent moves to materially improve its debt profile.

With shares up around 7% on the heels of the report, let's take a closer look at how the outlet mall real estate investment trust (REIT) kicked off the second half of the year.

Image source: Tanger Factory Outlet Centers.

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Source: Fool.com