Phillips Edison & Company, Inc.

Phillips Edison & Company, Inc. and its operating partnership entered into a sales agreement for a continuous at-the-market (ATM) offering program. The company may offer and sell up to $400.0 million of common stock through various agents, including Morgan Stanley and BofA Securities. Sales can be made via ordinary brokers' transactions, negotiated deals, or block transactions, with commissions up to 2.0%. The program also allows for forward sale agreements with various forward purchasers.

Phillips Edison & Company, Inc. announced that its Board of Directors declared a monthly dividend distribution of $0.1083 per share for August 2026. The dividend will be paid to stockholders of record at the close of business on August 17, 2026, with the payment expected on or around September 1, 2026. Operating partnership unit holders will also receive distributions at the same rate.

Phillips Edison & Company, Inc. announced that its Board of Directors declared a monthly dividend distribution of $0.1083 per share of common stock. This dividend is payable on September 1, 2026, to stockholders of record as of August 17, 2026. Operating partnership unit holders will also receive distributions at the same rate. The company is a large owner and operator of grocery-anchored neighborhood shopping centers, managing 330 centers as of June 30, 2026.

Phillips Edison & Company (PECO) announced the deployment of its new corporate website, www.phillipsedison.com, which integrates AI capabilities to enhance the property search experience for brokers and retailers. The company believes it is the first in the Shopping Center REIT sector to fully integrate AI-powered property search functionality, allowing users to find properties using natural language prompts. This launch underscores PECO's strategic investment in technology and innovation, aiming to connect prospective retailers with suitable spaces more efficiently.

Phillips Edison & Company reported a significant increase in net income attributable to stockholders for the six months ended June 30, 2026, rising 83% to $71.5 million, with basic EPS reaching $0.57. Total revenues grew by 6.8% to $380.4 million. The company was active in real estate transactions, acquiring 10 properties and one outparcel for $268.4 million, and divesting five properties/outparcels for $83.4 million in net proceeds, realizing a $26.2 million gain. Debt refinancing included issuing $350 million in senior notes to repay term loans, and the company utilized its At-the-Market program to issue 2.0 million shares for $85.3 million.

Phillips Edison & Company reported strong second quarter 2026 results, with Nareit FFO increasing 8.1% year-over-year to $0.67 per diluted share and Core FFO up 7.8% to $0.69 per diluted share. The company also saw a 3.8% rise in same-center Net Operating Income. Reflecting confidence in its business, PECO raised its full-year 2026 guidance for both Nareit FFO and Core FFO, and increased its gross acquisitions guidance to a range of $500 million to $600 million. Operational highlights included robust occupancy rates and significant acquisition activity during the quarter.

Phillips Edison & Company, Inc. announced that Moody's Ratings updated its outlook for the company and its operating partnership to positive, while affirming the Baa2 senior unsecured rating. Moody's cited expectations for sustained solid operating performance, consistently high portfolio occupancy of at least 97% since 2024, and strong leasing and re-leasing spreads of 36.2% and 21.2% respectively in Q1 2026. Management highlighted the company's strong balance sheet, consistent operating performance, and disciplined balance sheet management.

Phillips Edison & Company, Inc. reported strong financial and operating results for Q2 2026, with net income attributable to stockholders reaching $41.1 million, or $0.33 per diluted share. The company saw significant year-over-year growth in Nareit FFO (8.1%) and Core FFO (7.8%), alongside a 3.8% increase in same-center NOI. Reflecting this performance, PECO raised its full-year 2026 guidance for both Nareit FFO and Core FFO, and increased its gross acquisitions guidance to a range of $500 million to $600 million. The company also maintained strong leased portfolio occupancy at 97.3% and executed substantial acquisition and disposition activity during the quarter.

Phillips Edison & Company, Inc. (PECO) announced it will release its Second Quarter 2026 earnings results on Thursday, July 23, 2026, after the market closes. The earnings release and financial supplement will be available on the Company's Investor Relations website. A conference call and webcast to discuss the results will be held on Friday, July 24, 2026, at 12:00 p.m. ET, hosted by key management.

Phillips Edison & Company announced that its Chairman and CEO Jeff Edison, President Bob Myers, and CFO John Caulfield will present at Nareit REITweek. The presentation is scheduled for Wednesday, June 3, 2026, from 8:45 a.m. to 9:15 a.m. Eastern Time, with a webcast replay available afterward. Phillips Edison is a major owner and operator of grocery-anchored neighborhood shopping centers, managing 326 centers as of March 31, 2026.