Phillips Edison & Company, Inc. (PECO) recently released its 10-Q report, showcasing its position as one of the nation's largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers. As of June 30, 2025, PECO managed 327 shopping centers, including 303 wholly-owned centers comprising 34.0 million square feet across 31 states and 24 shopping centers owned in three institutional joint ventures. 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, with top grocery anchors including Kroger, Publix, Albertsons, and Ahold Delhaize.
The 10-Q report delves into ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS, providing detailed insights into the company's financial performance, key performance indicators, and defined terms. It also includes a cautionary note regarding forward-looking statements, outlining the uncertainties that could significantly affect the company's financial results. Furthermore, the report introduces various key performance indicators and terminology grouped into three key areas: portfolio, leasing, and financial performance. These metrics allow the company and investors to analyze trends around its business strategy, financial condition, and results of operations in a manner focused on items unique to the retail real estate industry. Following these announcements, the company's shares moved -0.92%, and are now trading at a price of $34.42. For more information, read the company's full 10-Q submission here.
