Phillips Edison & Company reported second quarter 2026 results with net income attributable to stockholders of $41.1 million, or $0.33 per diluted share. The company reported Nareit FFO of $0.67 per diluted share and Core FFO of $0.69 per diluted share, representing year-over-year growth of 8.1% and 7.8%, respectively. Same-center NOI increased 3.8% to $120.6 million. The company raised its full-year 2026 guidance, increasing the midpoint for Nareit FFO and Core FFO per diluted share, and raising gross acquisitions guidance to a range of $500 million to $600 million. During the quarter, it acquired $152.4 million in assets and sold $64.6 million. It also generated $85.3 million in net proceeds by issuing 2.0 million common shares via its ATM program. The company operates as a REIT that owns and operates grocery-anchored neighborhood shopping centers.
