Tanger Factory Outlet Centers Inc - Company Capsule

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					Tanger Factory Outlet Centers Inc

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Tanger Factory Outlet Centers Inc - Company
Capsule
Reference Code: CN0870CC
Published Date: April 2011




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Tanger Factory Outlet Centers Inc - Company Capsule                                 Page 1
Tanger Factory Outlet Centers Inc

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Tanger Factory Outlet Centers Inc - Company Overview

Tanger Factory Outlet Centers, Inc. (Tanger) is the factory outlet centers operators in US. The company is a real estate
investment trust (REIT) that focuses on developing, acquiring, owning, operating and managing factory outlet shopping
centers. The company along with its subsidiaries owns and operates factory outlet centers across the US. It owns 30
outlet centers, with a total gross leasable area (GLA) of approximately 8.8 million square feet. These factory outlet centers
were 97% occupied and contained over 1,900 stores, representing approximately 370 store brands. It also operates and
has partial ownership interests in three outlet centers totaling approximately 1.4 million square feet. The company is
headquartered in North Carolina, US.


Financial Performance

The company reported revenue of USD 271.69 million during the fiscal year ended 2009. The company's revenue grew at
a CAGR of 8.98% during the period 2007-2009 with a year on year growth of 10.72% over fiscal year 2008. During the
fiscal year 2009 its operating margin was 27.67% as against the operating margin of 28.52% in fiscal year 2008. During
the fiscal year 2009 the company registered a net margin of 21.36% as against the net margin of 10.51% in the fiscal year
2008.




Tanger Factory Outlet Centers Inc - Key Facts

Tanger Factory Outlet Centers Inc, Key Facts

                                  3200 Northline Avenue,
                                  Greensboro, North Carolina        Ticker Symbol, Stock
Corporate Address:                                                                             SKT (New York Stock Exchange)
                                                                    Exchange
                                  (NC), 27408, United States


Telephone                          + 336 292 3010                   No. of Employees           186



Fax                                + 336 852 2096                   Financial Year End         December



URL                               www.tangeroutlet.com              Revenue (in USD Million)   271.69



Industry                          Construction



Locations                         United States

Source: Annual Report, Company Website, Primary and Secondary Research




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Tanger Factory Outlet Centers Inc - Major Products and Services

Tanger Factory Outlet Centers, Inc. (Tanger) is a real estate investment trust (REIT). The company's key services include
the following:

Tanger Factory Outlet Centers Inc, Major Products and Services
Factory outlet centers management

Retail property management

Leasing services
Source: Annual Report, Company Website, Primary and Secondary Research




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Tanger Factory Outlet Centers Inc

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Tanger Factory Outlet Centers Inc - Key Competitors

The following companies are the major competitors of Tanger Factory Outlet Centers Inc:

Cedar Shopping Centers, Inc.

Inland Real Estate Corporation

The Lightstone Group LLC

Developers Diversified Realty Corp

Glimcher Realty Trust

Weingarten Realty Investors

Chelsea Property Group, Inc.




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Tanger Factory Outlet Centers Inc

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Tanger Factory Outlet Centers Inc - Key Employees


Tanger Factory Outlet Centers Inc, Key Employees


          Name                             Job Title                      Board Level     Since   Age


Allan L. Schuman           Director                                 Non Executive Board   2004


Bridget Ryan Berman        Director                                 Non Executive Board   2009


Carrie A. Geldner          Senior Vice President - Marketing        Senior Management     2000


                           Executive Vice President, Secretary,
Frank C. Marchisello                                                Senior Management     2005    50
                           Chief Financial Officer


Jack Africk                Chairman - Interim                       Non Executive Board   2009


James F. Williams          Senior Vice President, Controller        Senior Management     2006    45


                           Senior Vice President - Construction
Kevin M. Dillon                                                     Senior Management     2004    51
                           and Development


Lisa J. Morrison           Senior Vice President - Leasing          Senior Management     2004    50


                           President, Chief Executive Officer,
Steven B. Tanger                                                    Executive Board       2009    86
                           Director


Thomas E. McDonough        Vice President - Operations              Executive Board       2010


Thomas E. Robinson         Director                                 Non Executive Board   1994


Thomas J. Reddin           Director                                 Non Executive Board   2010


                           Treasurer, Vice President, Assistant
Virginia R. Summerell                                               Senior Management     2005    51
                           Secretary


William G. Benton          Director                                 Non Executive Board   1993    64

Source: Annual Report, Company Website, Primary and Secondary Research




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Tanger Factory Outlet Centers Inc

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Tanger Factory Outlet Centers Inc - Locations and Subsidiaries

Head Office

Tanger Factory Outlet Centers Inc
3200 Northline Avenue
Greensboro
North Carolina (NC)
Zip: 27408
United States
Tel: + 336 292 3010
Fax: + 336 852 2096



Other Locations & Subsidiaries

Tanger Factory Outlet Centers Inc, Locations



150 Tanger Drive                                      152 the Arches Circle
Williamsbur                                           Deer Park
Zip: 52361                                            Zip: 11729
United States                                         United States
Tel: + 800 406 2887                                   Tel: + 800 408 5775
Fax: + 319 668 2885                                   Fax: + 631 242 0239




2601 S McKenzie St                                    278 Shoppes on the Parkway
Foley                                                 Blowing Rock
Zip: 36535                                            Zip: 28605
United States                                         United States
Tel: + 866 665 8678                                   Tel: + 800 720 6728
Fax: + 251 943 9303                                   Fax: + 828 295 4444




300 Tanger Blvd.                                      311 
				
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