Simon Property Group Files 8-K on Financial Condition

TL;DR

**Simon Property Group just dropped an 8-K with fresh financial deets, so keep an eye on their performance.**

AI Summary

Simon Property Group, Inc. filed an 8-K on February 5, 2024, to disclose information related to its results of operations and financial condition, as well as Regulation FD disclosure. This filing indicates that the company is providing updated financial information, which is crucial for investors to understand its current performance and future outlook. For shareholders, this matters because it offers transparency into the company's financial health, potentially influencing stock valuation and investment decisions.

Why It Matters

This filing provides investors with current financial information, which is essential for evaluating Simon Property Group's performance and making informed investment decisions.

Risk Assessment

Risk Level: low — This 8-K is a routine disclosure of financial information and does not inherently present new risks, but rather provides data for risk assessment.

Analyst Insight

A smart investor would review the full details of the 'Results of Operations and Financial Condition' and 'Regulation FD Disclosure' mentioned in this 8-K to understand the specific financial updates and their potential impact on Simon Property Group's stock.

Key Players & Entities

• SIMON PROPERTY GROUP INC /DE/ (company) — the registrant filing the 8-K
• February 5, 2024 (date) — date of the earliest event reported in the 8-K
• 001-14469 (string) — SEC File Number for the registrant
• Delaware (string) — state of incorporation for Simon Property Group, Inc.
• 317-636-1600 (string) — business phone number for Simon Property Group, Inc.

FAQ

Key Financial Figures

• $0.0001 — nge on which registered Common stock, $0.0001 par value SPG New York Stock Exchan

Filing Documents

• tm243752d1_8k.htm (8-K) — 36KB
• tm243752d2_ex99-1.htm (EX-99.1) — 3174KB
• bc_creditprofile-pn.jpg (GRAPHIC) — 88KB
• cv_q42023supp-pn.jpg (GRAPHIC) — 262KB
• lg_simon-bw.jpg (GRAPHIC) — 9KB
• lg_simon2-bw.jpg (GRAPHIC) — 14KB
• pc_netoper-pn.jpg (GRAPHIC) — 79KB
• 0001104659-24-010603.txt ( ) — 4218KB
• spg-20240205.xsd (EX-101.SCH) — 3KB
• spg-20240205_def.xml (EX-101.DEF) — 26KB
• spg-20240205_lab.xml (EX-101.LAB) — 36KB
• spg-20240205_pre.xml (EX-101.PRE) — 25KB
• tm243752d1_8k_htm.xml (XML) — 5KB

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition On February 5, 2024, Simon Property Group, Inc. issued a press release containing information on earnings for the quarter ended December 31, 2023 and other matters. A copy of the press release is furnished with this report as Exhibit 99.1 and is incorporated by reference into this report.

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure Exhibit 99.1 also includes supplemental financial and operating information for the quarter ended December 31, 2023.

Financial Statements and Exhibits

Financial Statements and Exhibits

Financial Statements

Financial Statements: None Exhibits: Exhibit No. Description 99.1 Earnings Release dated February 5, 2024 and supplemental information 104 The cover page from this Current Report on Form 8-K formatted in Inline XBRL (included as Exhibit 101) The exhibit filed with this report contains measures of financial or operating performance that are not specifically defined by generally accepted accounting principles ("GAAP") in the United States, including funds from operations ("FFO") and FFO per share, funds available for distribution, net operating income ("NOI"), domestic property NOI and portfolio NOI. FFO and NOI are performance measures that are standard in the REIT business. We believe FFO and NOI provide investors with additional information concerning our operating performance and a basis to compare our performance with the performance of other REITs. We also use these measures internally to monitor the operating performance of our portfolio. Our computation of these non-GAAP measures may not be the same as similar measures reported by other REITs. These non-GAAP financial measures should not be considered as alternatives to net income as a measure of our operating performance or to cash flows computed in accordance with GAAP as a measure of liquidity nor are they indicative of cash flows from operating and financial activities. Reconciliations of each of these non-GAAP measures to the most-directly comparable GAAP measure are included in the exhibit. The information in this report and the exhibit filed herewith is being furnished, not filed, for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and pursuant to Items 2.02 and 7.01 of Form 8-K, will not be incorporated by reference into any filing under the Securities Act of 1933, as amended. Page 2

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Dated: February 5, 2024 SIMON PROPERTY GROUP, INC. By: /s/ BRIAN J. MCDADE Brian J. McDade, Executive Vice President and Chief Financial Officer Page 3

View Full Filing

View this 8-K filing on SEC EDGAR