MACERICH RELEASES QUARTERLY RESULTS

Rhea-AI Summary

The Macerich Company (NYSE: MAC) released its First Quarter 2022 Earnings Results on May 9, 2022. The results can be viewed on their investor relations website. A conference call is scheduled for today at 10:00 a.m. PT to discuss these results, with a replay available for 90 days. Macerich is a REIT focusing on the acquisition and management of regional town centers in the U.S., owning 48 million square feet of real estate across 44 centers. The company has been recognized for sustainability, achieving the top GRESB ranking for seven consecutive years.

Positive

• Macerich owns 48 million square feet of real estate, primarily in 44 regional town centers.
• The company specializes in attractive retail properties in densely populated markets.
• Macerich has achieved the #1 GRESB ranking in North American Retail for seven consecutive years (2015-2021).

Negative

• None.

SANTA MONICA, Calif., May 9, 2022 /PRNewswire/ -- The Macerich Company (NYSE: MAC, the "Company") today has released its First Quarter 2022 Earnings Results and Supplemental Information by posting it to the investor relations section of its website at www.macerich.com (Investors, Financial Information Section).

As previously announced, management will hold a conference call at 10:00 a.m. Pacific Time (1:00 p.m. Eastern Time) today, Monday, May 9, 2022, to discuss quarterly results. Interested parties can listen to a live webcast of the call on the Macerich website at www.macerich.com (Investors, Events & Presentations Section). Alternatively, the call is available by phone at Toll-Free 1-888-204-4368 or International (toll) 1-323-994-2093, Conference ID # 8375011.

A replay of the webcast will be available for 90 days following the live webcast in the Investors section of the Company's website at www.macerich.com.   In addition, an audio replay of the earnings conference call will be available by telephone until Monday, May 23, 2022, at 11:59 p.m. Eastern Time at toll-free 1-844-512-2921, or International (toll) 1-412-317-6671, PIN #8375011.

About Macerich: Macerich is a fully integrated, self-managed, and self-administered real estate investment trust (REIT), which focuses on the acquisition, leasing, management, development, and redevelopment of regional town centers throughout the United States.

Macerich currently owns 48 million square feet of real estate consisting primarily of interests in 44 regional town centers. Macerich specializes in successful retail properties in many of the country's most attractive, densely populated markets with significant presence on the West Coast, and in Arizona and the Metro New York to Washington, DC corridor.  A recognized leader in sustainability, Macerich has achieved the #1 GRESB ranking in the North American Retail Sector for seven straight years (2015 – 2021). Additional information about Macerich can be obtained from the Company's website at www.Macerich.com.

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SOURCE Macerich Company

FAQ

What are the First Quarter 2022 earnings results for MAC?

Macerich's First Quarter 2022 earnings results can be viewed on their investor relations website.

When will the MAC conference call take place?

The conference call is scheduled for May 9, 2022, at 10:00 a.m. Pacific Time.

How can I access the MAC conference call replay?

The replay will be available for 90 days on the company's investor relations website.

What recognition has Macerich received for sustainability?

Macerich has achieved the #1 GRESB ranking in the North American Retail Sector for seven consecutive years.

Where does Macerich primarily operate?

Macerich operates in densely populated markets across the West Coast, Arizona, and the Metro New York to Washington, DC corridor.