Phillips Edison mpany : February 2025 PECO GROW Presentation
PECO
February 2025
GROW with PECO
PECO at a Glance
Founded/IPO
1991/ Nasdaq
2021 PECO
We create great omni-channel grocery-anchored shopping experiences and improve our communities one center at a time.
Total
Management Enterprise
Ownership Value(1)
8% $7.3B
GROCERY CENTERED. COMMUNITY FOCUSE D| 3
PECO | NASDAQ L I STE D
ABR from
Leased
Grocery-
Properties
Total GLA
Anchored
33.3M
Portfolio
Centers
294
Occupancy
96%
Square Feet
98%
Grocery Centered.
We are an experienced owner and
operator focused on high-quality
Neighborhood Focused.
grocery-anchored neighborhood
shopping centers.
ABR from
ABR from #1
Necessity-
or #2 Grocery
Dividend
Portfolio
Based
Anchor by
Yield
Retention Rate
Neighbors
Sales
3.3%
89%
69%
84%
Source:
Company data as of December 31, 2024; Dividend yield as of December 31, 2024 and is based on an annualized rate of $1.23 per share 1. For non-GAAP reconciliations, refer to the Company's latest quarterly financial supplement or Form 10-K
GROCERY CENTERED. COMMUNITY FOCUSE D| 4
PECO | NASDAQ L I STE D
Q4 and Full Year 2024 GROWTH Results
PECO Continues to Operate from a Position of Strength
Operational Strength
Liquidity Strength
Financial Results
Source:
Company data as of December 31, 2024
GROCERY CENTERED. COMMUNITY FOCUSE D| 5
PECO | NASDAQ L I STE D
PECO's Focused and Differentiated GROWTH Strategy
Focused on High-Quality, Grocery-Anchored Neighborhood Shopping Centers
Key Elements of Our Strategy
Cycle-Tested and Resilient Advantage
Format Drives Results - PECO is Operating from a Position of Strength
Source:
Company data as of December 31, 2024
1. For non-GAAP reconciliations, refer to the Company's latest quarterly financial supplement or Form 10-K
GROCERY CENTERED. COMMUNITY FOCUSE D| 6
PECO | NASDAQ L I STE D
GROW with PECO
GROCERY
REGULAR INCOME;
OMNI-CHANNEL WELL-ALIGNED
ANCHORED
STRONG RETURNS
LANDLORD
& EXPERIENCED
Grocery-Anchored
PECO is one of the nation's largest owners and operators focused on high- quality, right-sized, grocery-anchored neighborhood shopping centers
Source:
Company data as of December 31, 2024
1. For non-GAAP reconciliations, refer to the Company's latest quarterly financial supplement or Form 10-K
GROCERY CENTERED. COMMUNITY FOCUSE D| 7
PECO | NASDAQ L I STE D
294
Shopping Centers
$7.3B
Total Enterprise Value(1)
96%
ABR from Grocery-Anchored
Shopping Centers
Kroger and Publix
PECO'S #1 and #2 Neighbors:
Kroger's Largest Landlord
Publix's Second Largest Landlord
GROCERY CENTERED. COMMUNITY FOCUSED | 8
PECO | N ASDAQ L ISTE D
Regular Income; Strong Returns
PECO's differentiated strategy and strong operating results allow us to provide regular income and strong total shareholder returns
23.2%
5.1%
6.3%
3-Year Total
2024 Increase to the
2024 Earnings per
Shareholder Return(1)
Monthly Dividend
Diluted Share
Distribution Rate
Increase from 2023
3.3%
$1.23
3.8%
Current Dividend
Current Annualized
2024 Same-Center
Distribution Yield(2)
Dividend Distribution
NOI Growth(3)
Sources:
Company data as of December 31, 2024
Omi-Channel Landlord
PECO's neighborhood shopping centers are complementary to e-commerce and are positioned to thrive in today's omni-channel environment
Click &
Ship
Ship to
Reserve in
Return
Online
Collect
from
Store
Store
to
Availability
"BOPIS"
Store
Store
Source:
Company data as of December 31, 2024
GROCERY CENTERED. COMMUNITY FO CUSE D | 9
PECO | NASDAQ L I STE D
BOPIS
PECO Centers Facilitate
Buy Online and Pick-up in Store or "BOPIS"
Last Mile
Delivery
Situated Near Customers, PECO Centers
Offer Last- Mile Delivery Solutions
94%
PECO Centers Provide
Front Row to Go® Curbside
Pick-up Program
91%
PECO Grocers Offering BOPIS
Well-Aligned & Experienced
The PECO Team is focused on growing value, driving external growth, enhancing pricing power, expanding our (re)development pipeline and supporting our long-term growth initiatives
Source:
Company data as of December 31, 2024
GROCERY CENTERED. COMMUNITY FO CUSE D | 9
PECO | NASDAQ L I STE D
30 Years
Average Years Experience for
PECO Management Team
Top Place to Work
Named a Top Place to
Work 8 Years in a Row
8%
Management Insider Ownership
of the Total Company
96%
Overall Satisfaction
Neighbor Survey Results
Disclaimer
Phillips Edison & Co. Inc. published this content on February 24, 2025, and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on February 24, 2025 at 22:59:09.477.