Tanger Factory Outlet Centers has the Lowest REIT Sales Growth

Below are the top five companies in the Retail REITs industry in terms of lowest sales growth.

1. Tanger Factory Outlet Centers (NYSE:SKT) had sales growth of 1.4% during the last fiscal year. The company has reported $273.4 million in sales over the past 12 months and is expected to report $279.6 million in sales in the next fiscal year.
2. Saul Centers (NYSE:BFS) had sales growth of 1.8% during the last fiscal year. The company has reported $165.8 million in sales over the past 12 months and is expected to report $171.5 million in sales in the next fiscal year.
3. Developers Diversified Realty (NYSE:DDR) had sales growth of 2.3% during the last fiscal year. The company has reported $820.5 million in sales over the past 12 months and is expected to report $749.4 million in sales in the next fiscal year.
4. Realty Income (NYSE:O) had sales growth of 2.7% during the last fiscal year. The company has reported $330.5 million in sales over the past 12 months and is expected to report $371.8 million in sales in the next fiscal year.
5. Federal Realty Investment Trust (NYSE:FRT) had sales growth of 2.7% during the last fiscal year. The company has reported $541.9 million in sales over the past 12 months and is expected to report $554.2 million in sales in the next fiscal year.

SOURCE: SmarTrend By Chip Brian