THE NECESSITY RETAIL REIT ANNOUNCES RELEASE DATE FOR FOURTH QUARTER AND FULL YEAR 2022 RESULTS

Rhea-AI Summary

The Necessity Retail REIT (Nasdaq: RTL, RTLPO, RTLPP) announced it will disclose its fourth quarter and full year financial results for 2022 on February 22, 2023, post-market hours. A conference call will follow on February 23, 2023, at 11:00 a.m. ET, featuring management commentary and a Q&A session with analysts and investors.

The REIT focuses on necessity-based retail properties across the U.S. with a diversified portfolio strategy. Forward-looking statements highlight potential risks, including COVID-19 impacts and geopolitical tensions affecting operations.

Positive

• Upcoming financial results release on February 22, 2023.
• Focus on necessity-based retail properties indicates a stable investment strategy.

Negative

• Potential adverse effects from COVID-19 pandemic.
• Geopolitical risks due to the military conflict between Russia and Ukraine.

NEW YORK, Feb. 9, 2023 /PRNewswire/ -- The Necessity Retail REIT, Inc. (Nasdaq: RTL/ RTLPP / RTLPO) ("RTL" or the "Company") announced today it will release its financial results for the fourth quarter and year ended December 31, 2022 on Wednesday, February 22, 2023 after the close of trading on the Nasdaq.

The Company will host a conference call and audio webcast on Thursday, February 23, 2023, beginning at 11:00 a.m. ET, to discuss the fourth quarter and full year results and provide commentary on business performance. The call will be conducted by RTL's management team. A question and answer session with analysts and investors will follow the prepared remarks.

Dial-in instructions for the conference call and the replay are outlined below. This conference call will also be broadcast live over the Internet and can be accessed by all interested parties through the RTL website, www.necessityretailreit.com, in the "Investor Relations" section. To listen to the live call, please go to the "Investor Relations" section of the Company's website at least 15 minutes prior to the start of the call to register and download any necessary audio software. For those who are not able to listen to the live broadcast, a replay will be available shortly after the call on the RTL website.

Conference Call Details

Live Call
Dial-In (Toll Free): 1-877-407-0792
International Dial-In: 1-201-689-8263

Conference Replay*
Domestic Dial-In (Toll Free): 1-844-512-2921
International Dial-In: 1-412-317-6671
Conference Number: 13735148

*Available from 3:00 p.m. ET on February 23, 2023 through May 23, 2023.

About The Necessity Retail REIT - Where America Shops

The Necessity Retail REIT (Nasdaq: RTL) is the preeminent publicly traded real estate investment trust (REIT) focused on "Where America Shops".  RTL acquires and manages a diversified portfolio of primarily necessity-based retail single tenant and open-air shopping center properties in the U.S.  Additional information about RTL can be found on its website at www.necessityretailreit.com.

Important Notice

The statements in this press release that are not historical facts may be forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause the outcome to be materially different. The words such as "may," "will," "seeks," "anticipates," "believes," "expects," "estimates," "projects," "plans," "intends," "should" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are subject to a number of risks, uncertainties and other factors, many of which are outside of RTL's control, which could cause actual results to differ materially from the results contemplated by the forward-looking statements. These risks and uncertainties include the potential adverse effects of (i) the ongoing global COVID-19 pandemic, including actions taken to contain or treat COVID-19, and (ii) the geopolitical instability due to the ongoing military conflict between Russia and Ukraine, including related sanctions and other penalties imposed by the U.S. and European Union, and the related impact on RTL, RTL's tenants and the global economy and financial markets, as well as those set forth in the Risk Factors section of RTL's most recent Annual Report on Form 10-K for the year ended December 31, 2021 filed on February 24, 2022, and all other filings with the Securities and Exchange Commission after that date, as such risks, uncertainties and other important factors may be updated from time to time in RTL's subsequent reports. Further, forward-looking statements speak only as of the date they are made, and RTL undertakes no obligation to update or revise any forward-looking statement to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, unless required by law.

Contacts:
Investor Relations       
ir@rtlreit.com
(866) 902-0063

 

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SOURCE The Necessity Retail REIT, Inc.

FAQ

When will RTL announce its fourth quarter 2022 results?

RTL will announce its fourth quarter results on February 22, 2023.

What are the details for the RTL conference call?

The conference call is scheduled for February 23, 2023, at 11:00 a.m. ET.

Where can I find the RTL financial results?

The financial results will be available on RTL's Investor Relations website.

What is the significance of RTL's focus on necessity-based retail?

It indicates a stable investment strategy amidst economic uncertainties.

What risks may affect RTL's operations?

Potential risks include COVID-19 impacts and geopolitical tensions.