PECO · Phillips Edison & Company, Inc.
Press releases and events scraped from the company's investor relations website. Past events open our own call or event page when we host one; otherwise listings link to the original source.
Recent news
| Date | Headline |
|---|---|
| 2026-08-05 |
Phillips Edison & Company Declares Monthly Dividend
CINCINNATI, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or “the Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced that the Company’s Board of Directors declared a monthly dividend distribution of $0.1083 per share of the Company’s common stock payable on September 1, 2026 to stockholders of record as of August 17, 2026. Operating partnership unit holders receive distributions at the same rate as common stockholders, subject to the required tax withholding. Connect with PECO For additional information, please visit https://www.phillipsedison.com/ Follow PECO on: X at https://x.com/PhillipsEdison LinkedIn at https://www.linkedin.com/company/phillipsedison&company About Phillips Edison & Company Phillips Edison & Company, Inc. (“PECO”) is one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers. Founded in 1991, PECO has generated strong results through its vertically-integrated operating platform and national footprint of well-occupied shopping centers. PECO’s centers feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the United States. PECO’s top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. As of June 30, 2026, PECO managed 330 shopping centers, including 302 wholly-owned centers comprising 33.9 million square feet across 31 states and 28 shopping centers owned in three institutional joint ventures. PECO is focused on creating great grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time. PECO uses, and intends to continue to use, its Investors website, which can be found at https://investors.phillipsedison.com , as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD. Forward-Looking Statements This press release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by the Company’s use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “anticipate,” “estimate,” “believe,” “continue,” “seek,” “objective,” “goal,” “strategy,” “plan,” “focus,” “priority,” “should,” “could,” “potential,” “possible,” “look forward,” “optimistic,” “commit,” or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Such statements are subject to known and unknown risks and uncertainties, which could cause actual results to differ materially from those projected or anticipated, including the risk factors and other risks and uncertainties described in the Company’s 2025 Annual Report on Form 10-K, filed with the SEC on February 10, 2026, as updated from time to time in the Company’s periodic and/or current reports filed with the SEC, which are accessible on the SEC’s website at www.sec.gov. Except as required by law, the Company does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. Investors Kimberly Green, Head of Investor Relations (513) 692-3399, [email protected] Source: Phillips Edison & Company, Inc. |
| 2026-08-03 |
From AI Prompts to Perfect Property Placement: Phillips Edison & Company Makes Site Selection Smarter
PECO Announces Launch of New AI-Integrated Website with Enhanced Search Capability, Marking a First for the Shopping Center REIT Sector CINCINNATI , Aug. 03, 2026 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced the recent deployment of its new corporate website featuring AI capabilities designed to enhance the property search experience for brokers and retailers. The redesigned corporate website, www.phillipsedison.com , which had its public soft launch in early July, is believed to be the first in the Shopping Center REIT sector to fully integrate AI-powered property search functionality through an AI-dedicated search bar and a robust “AI Mode” experience. The launch reflects PECO’s continued investment in technology and innovation, as well as PECO’s broader focus on creating great grocery-anchored shopping experiences by connecting prospective retailers with the right spaces in the right communities. Built around a more intuitive property search experience that taps into the changing nature of how people are requesting and accessing information, the AI-integrated corporate website allows brokers and retailers to find properties by using prompts in natural language, just like they would with ChatGPT or Google Gemini. From there, users are directed to an interactive list of properties where they can make selections, favorite preferred locations, request more information or add additional AI prompts. “We are thrilled about PECO’s latest AI initiative as we translate AI prompts into perfect property placement. Through our newly-launched corporate website, we can now more easily put PECO’s high-quality portfolio in the hands of brokers and retailers to help them identify spaces that fit their needs and support their growth with greater speed and clarity,” said Jeff Edison, Chairman and Chief Executive Officer, Phillips Edison & Company. “Innovation around AI and technology is a strategic priority embedded in PECO’s DNA. It is not a one-time initiative, but an always-on mindset. We are implementing new AI initiatives that position PECO as an early adopter, and we are excited about what’s next as we continue our journey to be a company of firsts.” The corporate website launch is part of PECO’s commitment to strategically be at the forefront of technology. PECO recently received several awards reflecting its commitment to innovation, including recognition as an inaugural ICSC Tech Innovator Award recipient in the “Adaptive Asset” category and its fifth consecutive Realcomm Digie Award for Best Use of Automation, marking the most consecutive wins by any company in that category. Gary Bailey, Chief Information Officer, was also honored at the Digie Awards with the Julie Devine Digital Impact Award, and Goutham Vulpala, Vice President of Enterprise Applications, received the Digital Innovator Award. Together, these honors highlight PECO’s focused approach to applying AI and technology to drive smarter operations, stronger leasing outcomes and advancing its position as a leading owner and operator of grocery-anchored neighborhood shopping centers. About Phillips Edison & Company Phillips Edison & Company, Inc. (“PECO”) is one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers. Founded in 1991, PECO has generated strong results through its vertically-integrated operating platform and national footprint of well-occupied shopping centers. PECO’s centers feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the United States. PECO’s top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. As of June 30, 2026, PECO managed 330 shopping centers, including 302 wholly-owned centers comprising 33.9 million square fee |
| 2026-07-23 |
Moody’s Updates Phillips Edison & Company Outlook to Positive
CINCINNATI, July 23, 2026 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced that Moody's Ratings ("Moody's") updated its outlook for PECO and the Company’s operating partnership, Phillips Edison Grocery Center Operating Partnership I L.P., to a positive outlook. Moody’s affirmed the Baa2 senior unsecured rating. In its public announcement, Moody’s noted: “The positive outlook reflects our expectation that Phillips Edison will sustain its solid operating performance...” Moody’s added: “We expect Phillips Edison to have consistently high portfolio occupancy that has been at least 97% since 2024. Leasing and re-leasing spreads of 36.2% and 21.2%, respectively, in the first quarter of 2026 were strong and will support earnings in upcoming years. We expect that Phillips Edison will continue to report good operating performance through at least 2027 because of its portfolio mix...” John Caulfield, Executive Vice President, CFO & Treasurer stated: “PECO continues to have one of the best balance sheets in the Shopping Center sector. Today's announcement by Moody's reflects our consistent operating performance, disciplined balance sheet management and strong liquidity position. We believe the investments PECO is making today position us well for 2027 and beyond. In an environment where investors continue to seek dependable growth and stability, we believe PECO is uniquely positioned to deliver both.” Connect with PECO For additional information, please visit https://www.phillipsedison.com/ Follow PECO on: X at https://x.com/PhillipsEdison LinkedIn at https://www.linkedin.com/company/phillipsedison&company About Phillips Edison & Company Phillips Edison & Company, Inc. (“PECO”) is one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers. Founded in 1991, PECO has generated strong results through its vertically-integrated operating platform and national footprint of well-occupied shopping centers. PECO’s centers feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the United States. PECO’s top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. As of June 30, 2026, PECO managed 330 shopping centers, including 302 wholly-owned centers comprising 33.9 million square feet across 31 states and 28 shopping centers owned in three institutional joint ventures. PECO is focused on creating great grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time. PECO uses, and intends to continue to use, its Investors website, which can be found at https://investors.phillipsedison.com , as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD. Forward-Looking Statements This press release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by the Company’s use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “anticipate,” “estimate,” “believe,” “continue,” “seek,” “objective,” “goal,” “strategy,” “plan,” “focus,” “priority,” “should,” “could,” “potential,” “possible,” “look forward,” “optimistic,” “commit,” or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Such statements are subject to known and unknown risks and uncertainties, which could cause actual results to differ materially from those projected or anticipated, including the risk factors and other risks and uncertainties described in the Company’s 2025 Annual Report on Form 10-K, filed wi |
| 2026-07-23 |
Phillips Edison & Company Reports Second Quarter 2026 Results
CINCINNATI, July 23, 2026 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today reported financial and operating results for the period ended June 30, 2026 and provided updated 2026 earnings guidance. For the three and six months ended June 30, 2026, net income attributable to stockholders was $41.1 million, or $0.33 per diluted share, and $71.5 million, or $0.56 per diluted share, respectively. Highlights for the Second Quarter and Subsequent Reported Nareit FFO of $0.67 per diluted share, representing 8.1% year-over-year growth Reported Core FFO of $0.69 per diluted share, representing 7.8% year-over-year growth Increased same-center NOI year-over-year by 3.8% The increased midpoint of full year 2026 Nareit FFO per diluted share guidance represents 6.3% year-over-year growth The increased midpoint of full year 2026 Core FFO per diluted share guidance represents 6.2% year-over-year growth The increased midpoint of full year 2026 same-center NOI guidance represents 3.7% year-over-year growth Increased full year 2026 gross acquisitions guidance reflects a range of $500 million to $600 million Reported strong leased portfolio occupancy of 97.3% and same-center leased portfolio occupancy of 97.5% Reported record-high leased inline occupancy and record-high same-center leased inline occupancy of 95.5% Executed comparable portfolio new leases at a rent spread of 33.7% and comparable inline new leases at a rent spread of 32.2% during the quarter Executed comparable portfolio and inline renewal leases at a rent spread of 21.2% during the quarter Acquired six shopping centers and one outparcel for a total of $152.4 million at PECO’s total prorated share and sold $64.6 million in assets Generated net proceeds of $85.3 million through the issuance of 2.0 million common shares at a gross weighted average price of $42.06 per common share through PECO’s ATM program Subsequent to quarter end, sold $39.7 million in assets Subsequent to quarter end, generated net proceeds of $6.4 million through the issuance of 0.2 million common shares at a gross weighted average price of $42.20 per common share through PECO’s ATM program Management Commentary Jeff Edison, Chairman and Chief Executive Officer of PECO stated: “Our second quarter results demonstrate the strength of PECO’s high-quality portfolio and our ability to convert strong operating fundamentals into long-term earnings growth. We continue to generate Alpha through occupancy gains, acquisitions, rent spreads, retention, development, redevelopment and portfolio recycling. We are able to do this while maintaining balance sheet discipline and a thoughtful approach to investing that have always defined PECO.” Edison added: “Our confidence in our business is reflected in our increased guidance. The increased midpoint of 2026 Core FFO per diluted share guidance represents 6.2% year-over-year growth, and increased 2026 gross acquisitions guidance reflects a range of $500 million to $600 million. We are well positioned for strong growth in 2027 and beyond. We believe PECO offers investors a compelling opportunity for more Alpha with less Beta.” Financial Results Net Income Second quarter 2026 net income attributable to stockholders totaled $41.1 million, or $0.33 per diluted share, compared to net income of $12.8 million, or $0.10 per diluted share, during the second quarter of 2025. For the six months ended June 30, 2026, net income attributable to stockholders totaled $71.5 million, or $0.56 per diluted share, compared to net income of $39.1 million, or $0.31 per diluted share, for the same period in 2025. Nareit FFO Second quarter 2026 funds from operations attributable to stockholders and operating partnership (“OP”) unit holders as defined by Nareit (“Nareit FFO”) increased 9.0% to $93.7 million, or $0.67 per diluted share, compared to |
| 2026-06-23 |
Phillips Edison & Company Inc. Invites You to Join Its Second Quarter 2026 Earnings Conference Call
CINCINNATI, June 23, 2026 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, will announce its Second Quarter 2026 earnings results on Thursday, July 23, 2026, after the market closes. PECO’s earnings release and financial supplement will be posted on the Investor Relations section of the Company’s website at https://investors.phillipsedison.com/ . Chairman and Chief Executive Officer Jeff Edison, President Bob Myers and Chief Financial Officer John Caulfield will host an earnings conference call, which will also be webcast, on Friday, July 24, 2026, at 12:00 p.m. ET. Second Quarter 2026 Earnings Conference Call and Webcast Details: Date: Friday, July 24, 2026 Time: 12:00 p.m. Eastern Time Participant Toll-Free Dial-In Number: (800) 715-9871 Participant Toll Dial-In Number: (646) 307-1963 Conference ID: 4551083 Webcast: Second Quarter 2026 Webcast Link A webcast replay will be available approximately one hour after the conclusion of the event using the same link. Webcasts are archived on PECO’s Investor Relations website . Connect with PECO For additional information, please visit https://www.phillipsedison.com/ Follow PECO on: X at https://x.com/PhillipsEdison Facebook at https://www.facebook.com/phillipsedison.co Instagram at https://www.instagram.com/phillips.edison/ ; and Find PECO on LinkedIn at <a href="https://www.globenewswire.com/Tracker?data=tpGMaXNdcU7mUbwxWtqQe5b4Nvb7msfO4tYXsf-SQvplFnMDilImszy0MlUga9-yOta0X2jYw6_PgOZvWglXf9aepx41VWueXyHlB0Rl8RrMehqfF51YaAvUSzL5Fkqovyo1q1y-2MGdtdeMzAK0pFIs63A7HHdKyAf4Kz7SjxU6NxUAPS3XJ7ypi494NOlw" rel="nofollow" target= |
| 2026-05-27 |
Phillips Edison & Company to Present at Nareit REITweek 2026 Investor Conference
CINCINNATI, May 27, 2026 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced that Chairman and Chief Executive Officer Jeff Edison, President Bob Myers and Chief Financial Officer John Caulfield will present at Nareit REITweek on Wednesday, June 3, 2026 at 8:45 a.m. Eastern Time. Presentation Details: Date: Wednesday, June 3, 2026 Time: 8:45 a.m. - 9:15 a.m. Eastern Time Speakers: Chairman and Chief Executive Officer Jeff Edison, President Bob Myers and Chief Financial Officer John Caulfield Webcast: PECO Nareit's REITweek 2026 Investor Conference Presentation A webcast replay will be available approximately one hour after the conclusion of the presentation using the same link. Connect with PECO For additional information, please visit https://www.phillipsedison.com/ Follow PECO on: X at https://x.com/PhillipsEdison Facebook at https://www.facebook.com/phillipsedison.co Instagram at https://www.instagram.com/phillips.edison/ ; and Find PECO on LinkedIn at https://www.linkedin.com/company/phillipsedison&company/ About Phillips Edison & Company Phillips Edison & Company, Inc. (“PECO”) is one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers. Founded in 1991, PECO has generated strong results through its vertically-integrated operating platform and national footprint of well-occupied shopping centers. PECO’s centers feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the United States. PECO’s top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. As of March 31, 2026, PECO managed 326 shopping centers, including 299 wholly-owned centers comprising 33.7 million square feet across 31 states and 27 shopping centers owned in three institutional joint ventures. PECO is focused on creating great omni-channel, grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time. PECO uses, and intends to continue to use, its Investors web |
| 2026-05-14 |
Phillips Edison & Company to Host ICSC Recap Webcast
CINCINNATI, May 14, 2026 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, will host its ICSC Recap webcast on Tuesday, May 26, 2026, at 2:00 p.m. Eastern Time. The event will be webcast only. The PECO team will provide a recap of ICSC Las Vegas and discuss the current leasing environment. The webcast will feature PECO leaders from leasing, acquisitions and portfolio management. ICSC is the member organization for the advancement of the shopping center industry. ICSC Las Vegas is a premier event that takes place annually in May. It is a two- to three-day gathering of dealmakers and industry experts who are driving innovation and evolution in commercial real estate. Webcast Details: ICSC Recap with PECO Date: Tuesday, May 26, 2026 Time: 2:00 p.m. Eastern Time Webcast with Live Q&A: ICSC Recap with PECO 2026 A replay of the webcast will be posted within 24 hours after the conclusion of the live event to the Company’s website at https://investors.phillipsedison.com/ . Connect with PECO For additional information, please visit https://www.phillipsedison.com/ Follow PECO on: X at https://x.com/PhillipsEdison Facebook at https://www.facebook.com/phillipsedison.co Instagram at https://www.instagram.com/phillips.edison/ ; and Find PECO on LinkedIn at https://www.linkedin.com/company/phillipsedison&company/ About Phillips Edison & Company Phillips Edison & Company, Inc. (“PECO”) is one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers. Founded in 1991, PECO has generated strong results through its vertically-int |
| 2026-05-12 |
Phillips Edison & Company Declares Monthly Dividend Distributions; Announces Results of Annual Meeting of Stockholders
CINCINNATI, May 12, 2026 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced that its Board of Directors declared monthly dividend distributions of $0.1083 per share of the Company’s common stock payable on July 1, 2026 and August 4, 2026 to stockholders of record as of June 15, 2026 and July 15, 2026, respectively. Operating partnership unit holders receive distributions at the same rate as common stockholders, subject to the required tax withholding. Earlier in the day, PECO held its annual meeting of stockholders in a virtual-only format. At the annual meeting, PECO’s stockholders elected all of PECO’s directors: Jeffrey S. Edison; Leslie T. Chao; Elizabeth O. Fischer; Devin I. Murphy; Stephen R. Quazzo; Jane E. Silfen; John A. Strong; Anthony E. Terry; Parilee E. Wang; and Gregory S. Wood, to its Board of Directors for one-year terms. Stockholders also approved a non-binding, advisory resolution on the compensation of PECO’s named executive officers and ratified the appointment of Deloitte & Touche LLP as PECO’s independent registered public accounting firm for 2026. Connect with PECO For additional information, please visit https://www.phillipsedison.com/ Follow PECO on: X at https://x.com/PhillipsEdison Facebook at https://www.facebook.com/phillipsedison.co Instagram at https://www.instagram.com/phillips.edison/ ; and Find PECO on LinkedIn at https://www.linkedin.com/company/phillipsedison&company/ About Phillips Edison & Company Phillips Edison & Company, Inc. (“PECO”) is one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers. Founded in 1991, PECO has generated strong results through its vertically-integrated operating platform and national footprint of well-occupied shopping centers. PECO’s centers feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the United States. PECO’s top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. As of March 31, 2026, PECO managed 326 shopping centers, including 299 wholly-owned centers comprising 33.7 million square feet across 31 states and 27 shopping centers owned in three institutional joint ventures. PECO is focused on creating great omni-channel, grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time. P |
| 2026-04-23 |
Phillips Edison & Company Reports First Quarter 2026 Results
CINCINNATI, April 23, 2026 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today reported financial and operating results for the period ended March 31, 2026 and updated full year 2026 earnings guidance. For the three months ended March 31, 2026, net income attributable to stockholders was $30.4 million, or $0.24 per diluted share. Highlights for the First Quarter and Subsequent Reported Nareit FFO of $0.67 per diluted share, representing a 4.7% year-over-year increase Reported Core FFO of $0.69 per diluted share, representing a 6.2% year-over-year increase Increased same-center NOI year-over-year by 3.5% The increased midpoint of full year 2026 Nareit FFO guidance represents 5.9% year-over-year growth The increased midpoint of full year 2026 Core FFO guidance represents 5.8% year-over-year growth Reported strong leased portfolio occupancy of 97.1% and same-center leased portfolio occupancy of 97.3% Reported strong leased inline occupancy and same-center leased inline occupancy of 95.0% Executed comparable portfolio renewal leases and comparable inline renewal leases at a rent spread of 21.2% during the quarter Executed comparable portfolio new leases at a rent spread of 36.2% and comparable inline new leases at a record-high rent spread of 37.9% during the quarter Acquired $125.5 million in assets, which included five shopping centers and land for future development As previously announced, completed a public debt offering of $350 million aggregate principal amount of 4.750% senior notes due 2033 Subsequent to quarter end, acquired $59.1 million in assets at PECO’s total prorated share, which included three shopping centers and one outparcel Management Commentary Jeff Edison, Chairman and Chief Executive Officer of PECO stated: “We are pleased to report another quarter of solid results, including Core FFO per share growth of 6.2%, reflecting the strength of our high-quality portfolio. Our grocery-anchored and necessity-based shopping centers are driving steady traffic and market-leading pricing power. While the macroeconomic environment remains uncertain, PECO is positioned to provide both stability and continued growth. Our disciplined execution and the continued strength of the operating environment give us confidence in our ability to increase guidance for Core FFO per share, which reflects year-over-year growth of 5.8% at the midpoint.” Financial Results Net Income First quarter 2026 net income attributable to stockholders totaled $30.4 million, or $0.24 per diluted share, compared to net income of $26.3 million, or $0.21 per diluted share, during the first quarter of 2025. Nareit FFO First quarter 2026 funds from operations attributable to stockholders and operating partnership (“OP”) unit holders as defined by Nareit (“Nareit FFO”) increased 4.4% to $92.9 million, or $0.67 per diluted share, compared to $89.0 million, or $0.64 per diluted share, during the first quarter of 2025. Core FFO First quarter 2026 core funds from operations attributable to stockholders and OP unit holders (“Core FFO”) increased 6.2% to $96.4 million, or $0.69 per diluted share, compared to $90.8 million, or $0.65 per diluted share, during the first |
| 2026-03-24 |
Phillips Edison & Company Inc. Invites You to Join Its First Quarter 2026 Earnings Conference Call
CINCINNATI, March 24, 2026 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, will announce its First Quarter 2026 earnings results on Thursday, April 23, 2026, after the market closes. PECO’s earnings release and financial supplement will be posted on the Investor Relations section of the Company’s website at https://investors.phillipsedison.com/ . Chairman and Chief Executive Officer Jeff Edison, President Bob Myers and Chief Financial Officer John Caulfield will host an earnings conference call, which will also be webcast, on Friday, April 24, 2026, at 12:00 p.m. ET. First Quarter 2026 Earnings Conference Call and Webcast Details: Date: Friday, April 24, 2026 Time: 12:00 p.m. Eastern Time Participant Toll-Free Dial-In Number: (800) 715-9871 Participant Toll Dial-In Number: (646) 307-1963 Conference ID: 4551083 Webcast: First Quarter 2026 Webcast Link A webcast replay will be available approximately one hour after the conclusion of the event using the same link. Webcasts are archived on PECO’s Investor Relations website . Connect with PECO For additional information, please visit https://www.phillipsedison.com/ Follow PECO on: X at https://x.com/PhillipsEdison Facebook at https://www.facebook.com/phillipsedison.co Instagram at https://www.instagram.com/phillips.edison/ ; and Find PECO on LinkedIn at <a href="https://www.globenewswire.com/Tracker?data=4V6qWQAY2tRJ9mpsIbIg0_xXSlTesUH0_xCw_RQJbNSOfAruTm-OQAH-j3RxwFzITyXIGMlsQQbCBw8P2IM0Ow3DgodBlb7ULb9MxRpTXFTwkJ1WRwjwdKvQXWkj-DHbGDe6JCzXAtH7hOhyUKQxWtu4lKwFAFBpX4qXq0Q0tl5-t6N5dVeVHz6SHT3EG1A9" rel="nofo |
| 2026-02-24 |
Phillips Edison & Company Announces Pricing of Offering of $350 Million Aggregate Principal Amount of 4.750% Senior Unsecured Notes Due 2033
CINCINNATI, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced that its operating partnership, Phillips Edison Grocery Center Operating Partnership I, L.P. (the “Operating Partnership”), has priced a public offering of $350 million aggregate principal amount of 4.750% senior unsecured notes due 2033 (the “Notes”). The Notes were priced at 99.920% of the principal amount and will mature on March 15, 2033. The offering is expected to settle on February 26, 2026, subject to the satisfaction of customary closing conditions. The notes will be fully and unconditionally guaranteed by PECO. The Operating Partnership intends to use the net proceeds from the offering for general corporate purposes, including to repay borrowings under its revolving credit facility, to repay its term loans and other outstanding indebtedness, to acquire additional properties, for capital expenditures, expansion and working capital, to redevelop and/or improve properties and for other general corporate purposes. Pending application of the net proceeds from the offering for the foregoing purposes, such proceeds may initially be invested in short-term securities. Wells Fargo Securities, BMO Capital Markets, BofA Securities, Mizuho, PNC Capital Markets LLC, Capital One Securities, Fifth Third Securities, J.P. Morgan, KeyBanc Capital Markets, Morgan Stanley, Regions Securities LLC and US Bancorp acted as joint book-running managers of the offering. Ramirez and Co., Inc. acted as co-manager of the offering. The notes are being offered pursuant to an effective shelf registration statement filed by PECO and the Operating Partnership with the Securities and Exchange Commission (“SEC”). The offering will be made only by means of the prospectus supplement and accompanying prospectus. The preliminary prospectus supplement and accompanying prospectus related to the offering have been filed with the SEC and are available on the SEC’s website at http://www.sec.gov . A copy of the final prospectus supplement and accompanying prospectus related to the offering may be obtained, when available, by contacting: Wells Fargo Securities, LLC, Attention: WFS Customer Service, 608 2nd Avenue South, Suite 1000, Minneapolis, MN 55402, at 1-800-645-3751 or email: [email protected] ; BMO Capital Markets Corp., Attention: IG Syndicate, 151 W 42nd Street, 9th Floor, New York, NY 10036, or by telephone at +1 (888) 200-0266; BofA Securities, Inc., NC1-022-02-25, 201 North Tryon Street, Charlotte, North Carolina 28255, Attention: Prospectus Department or by email at [email protected] or by telephone at 1-800-294-1322; Mizuho Securities USA LLC, Toll free: 1-866-271-7403; or PNC Capital Markets LLC, 300 Fifth Avenue, 10th Floor, Pittsburgh, PA 15222, toll-free at 1-855-881-0697 or by emailing [email protected] . This press release |
| 2026-02-23 |
Phillips Edison & Company to Present at Citi’s 2026 Global Property CEO Conference
CINCINNATI, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or “the Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced that the Company will participate in a roundtable presentation at Citi’s 2026 Global Property CEO Conference on Monday, March 2, 2026 at 8:10 a.m. ET. Chairman and Chief Executive Officer Jeff Edison, President Bob Myers and Chief Financial Officer John Caulfield will participate in the roundtable presentation. The presentation will be posted on the Investor Relations section of the Company’s website at Investor Relations | Phillips Edison . Presentation Details: Date: Monday, March 2, 2026 Time: 8:10 a.m. – 8:45 a.m. ET Speakers: Chairman and Chief Executive Officer Jeff Edison, President Bob Myers and Chief Financial Officer John Caulfield Webcast link: PECO Citi's 2026 Global Property CEO Conference Presentation A webcast replay will be available approximately one hour after the conclusion of the presentation using the same link. Connect with PECO For additional information, please visit https://www.phillipsedison.com/ Follow PECO on: X at https://x.com/PhillipsEdison Facebook at https://www.facebook.com/phillipsedison.co Instagram at https://www.instagram.com/phillips.edison/ ; and Find PECO on LinkedIn at https://www.linkedin.com/company/phillipsedison&company About Phillips Edison & Company Phillips Edison & Company, Inc. (“PECO”) is one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers. Founded in 1991, PECO has generated strong results through its vertically-integrated operating platform and national footprint of well-occupied shopping centers. PECO’s centers feature a mix of national and regional retailer |
| 2026-02-12 |
Phillips Edison & Company Declares Monthly Dividends
CINCINNATI, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or “the Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced that the Company’s Board of Directors declared monthly dividend distributions of $0.1083 per share of the Company’s common stock payable on April 1, 2026; May 1, 2026; and June 2, 2026 to stockholders of record as of March 16, 2026; April 15, 2026; and May 15, 2026, respectively. Operating partnership unit holders receive distributions at the same rate as common stockholders, subject to the required tax withholding. Connect with PECO For additional information, please visit https://www.phillipsedison.com/ Follow PECO on: X at https://x.com/PhillipsEdison Facebook at https://www.facebook.com/phillipsedison.co Instagram at https://www.instagram.com/phillips.edison/ ; and Find PECO on LinkedIn at https://www.linkedin.com/company/phillipsedison&company About Phillips Edison & Company Phillips Edison & Company, Inc. (“PECO”) is one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers. Founded in 1991, PECO has generated strong results through its vertically-integrated operating platform and national footprint of well-occupied shopping centers. PECO’s centers feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the United States. PECO’s top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. As of December 31, 2025, PECO managed 324 shopping centers, including 297 wholly-owned centers comprising 33.5 million square feet across 31 states and 27 shopping centers owned in three institutional joint ventures. PECO is focused on creating great omni-channel, grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time. PECO uses, and intends to continue to use, its Investors website, which can be found at https://investors.phillipsedison.com , as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD. Forward-Looking Statements This press release may contain c |
| 2026-02-05 |
Phillips Edison & Company Reports Fourth Quarter and Full Year 2025 Results
CINCINNATI, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today reported financial and operating results for the fourth quarter and full year ended December 31, 2025 and provided guidance for 2026. For the fourth quarter and full year ended December 31, 2025, net income attributable to stockholders was $47.5 million, or $0.38 per diluted share, and $111.3 million, or $0.89 per diluted share, respectively. Highlights for the Fourth Quarter , Full Year and Subsequent Reported Nareit FFO of $88.8 million, or $0.64 per diluted share, for the fourth quarter Reported Core FFO of $91.1 million, or $0.66 per diluted share, for the fourth quarter Generated Nareit FFO per share of $2.54 for the full year, or 7.2% growth over 2024 Generated Core FFO per share of $2.60 for the full year, or 7.0% growth over 2024 Increased same-center NOI year-over-year by 3.2% for the fourth quarter, and increased same-center NOI by 3.8% for the full year Reported strong leased portfolio occupancy of 97.3% and same-center leased portfolio occupancy of 97.6% Increased leased inline occupancy and same-center leased inline occupancy to a record-high 95.1% Executed portfolio comparable new leases at a rent spread of 34.3% and inline comparable new leases at a rent spread of 27.5% during the fourth quarter Executed portfolio comparable renewal leases at a rent spread of 20.0% and inline comparable renewal leases at a rent spread of 19.8% during the fourth quarter Acquired $395.5 million in assets at PECO’s total prorated share for the full year, which included 18 shopping centers, an outparcel and land for future development Sold $145.4 million in assets at PECO’s total prorated share for the full year, which included nine shopping centers and development land Subsequent to quarter end, acquired $77.0 million in assets, which included two shopping centers and land for future development Management Commentary Jeff Edison, Chairman and Chief Executive Officer of PECO, stated: “2025 was a strong year for PECO, and we enter 2026 with good momentum. Retailer demand remains strong for well-located, grocery-anchored shopping centers. In 2025, the PECO team delivered Nareit FFO per share growth of 7.2%, Core FFO per share growth of 7.0% and Same-Center NOI growth of 3.8%. Our strong 2026 guidance is consistent with our long-term targets for Same-Center NOI growth in a range of 3% to 4% and Nareit FFO per share and Core FFO per share growth in the mid-to-high single digits. We are excited about 2026 and are confident in our ability to deliver solid growth well beyond 2026.” Financial Results Net Income Fourth quarter 2025 net income attributable to stockholders totaled $47.5 million, or $0.38 per diluted share, compared to net income of $18.1 million, or $0.15 per diluted share, during the fourth quarter of 2024. For the year ended December 31, 2025, net income attributable to stockholders totaled $111.3 million, or $0.89 per diluted share, compared to $62.7 million, or $0.51 per diluted share, during the year ended December 31, 2024. Nareit FFO Fourth quarter 2025 funds from operations attributable to stockholders and operating partnership (“OP”) unit holders as defi |
| 2026-01-20 |
Phillips Edison & Company Announces Tax Reporting Information for 2025 Distributions
CINCINNATI, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced its tax reporting information for the 2025 distributions to holders of its common stock. The tax reporting information as it will be reported on the Form 1099-DIV, on a per share basis, is as follows: Nasdaq-Listed Common Shares; CUSIP 71844V201 Record Date Payable Date Total Distribution per Share Ordinary Dividends Total Capital Gain Distribution Unrecaptured Section 1250 Gain (1) Return of Capital (Nontaxable Distribution) Section 199A Distributions 12/16/2024 1/3/2025 0.102500 0.084002 - - <td style="border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: botto |
| 2026-01-06 |
Phillips Edison & Company Inc. Invites You to Join Its Fourth Quarter and Full Year 2025 Earnings Conference Call
CINCINNATI, Jan. 06, 2026 (GLOBE NEWSWIRE) - Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, will announce its Fourth Quarter 2025 earnings results on Thursday, February 5, 2026, after the market closes. PECO’s earnings release and supplemental information package will be posted on the Investor Relations section of the Company’s website at https://investors.phillipsedison.com/ . Chairman and Chief Executive Officer Jeff Edison, President Bob Myers and Chief Financial Officer John Caulfield will host an earnings conference call, which will also be webcasted, on Friday, February 6, 2026, at 12:00 p.m. ET. Fourth Quarter and Full Year 2025 Earnings Conference Call Details: Date: Friday, February 6, 2026 Time: 12:00 p.m. ET Participant Toll-Free Dial-In Number: (800) 715-9871 Participant Toll Dial-In Number: (646) 307-1963 Conference ID: 4551083 |
Past events
Source: https://investors.phillipsedison.com/overview/default.aspx