Exhibit 99.1 Kimco Realty® Announces First Quarter 2025 Results – Raises 2025 Outlook on Robust Growth in Net Income and FFO – – Same Property NOI Increased 3.9%; Credit Loss Better than Expected – – Leased Over Four Million Square Feet; New Lease Spreads Approach 49% – – Achieves Strategic Target: 85% of Annual Base Rent from Grocery-Anchored Portfolio – JERICHO, New York, May 1, 2025 - Kimco Realty ® (NYSE: KIM), a real estate investment trust (REIT) and leading owner and operator of high-quality, open-ai ...

Core Insights - Kimco Realty raised its 2025 outlook due to strong growth in net income and funds from operations (FFO) [1][10] - The company reported a 3.9% increase in same property net operating income (NOI) and better-than-expected credit loss performance [1][4] - Kimco signed over four million square feet in leases, achieving new lease spreads approaching 49% [1][11] - The company reached its strategic target of deriving 85% of annual base rent from grocery-anchored properties [1][4] Financial Performance - For Q1 2025, net income available to common shareholders was $125.1 million, or $0.18 per diluted share, compared to a loss of $18.9 million, or ($0.03) per diluted share in Q1 2024 [4][21] - FFO for Q1 2025 was $301.9 million, or $0.44 per diluted share, reflecting a 12.8% increase from $261.8 million, or $0.39 per diluted share in Q1 2024 [6][24] - Consolidated revenues from rental properties increased by $32.4 million, primarily due to higher minimum rent and increased reimbursement income [5][21] Leasing and Occupancy - The company signed 583 leases totaling 4.4 million square feet in Q1 2025, with blended pro-rata cash rent spreads of 13.3% [11] - Pro-rata leased occupancy was 95.8%, with a slight anticipated reduction due to vacating leases [11] - Pro-rata small shop occupancy increased to 91.7%, while pro-rata anchor occupancy was at 97.4% [11] Strategic Initiatives - Kimco completed nine grocery leases, including a significant agreement with Sprouts Farmers Market, enhancing future cash flow visibility [3][4] - The company expanded its pipeline of near-term rent commencements to $60 million of annual base rent from signed leases [4][11] - Kimco acquired The Markets at Town Center, a 254,000-square-foot grocery-anchored property in Jacksonville, Florida, for $108 million [4][11] Capital Management - The company ended Q1 2025 with $2.0 billion in immediate liquidity, including $1.9 billion available on its unsecured revolving credit facility [11] - Subsequent to the quarter end, Kimco repurchased 3.0 million shares at an average price of $19.61 per share [11] - The board declared a quarterly cash dividend of $0.25 per common share, payable on June 20, 2025 [11]

Company Overview - Kimco Realty Corporation (KIM) is expected to report first-quarter 2025 results on May 1, with anticipated year-over-year growth in revenues and funds from operations (FFO) per share [1] - In the last reported quarter, Kimco met the Zacks Consensus Estimate for FFO at 42 cents per share, reflecting better-than-expected revenue growth despite rising interest expenses [2] Industry Insights - The U.S. retail real estate market experienced a pullback in net absorption in Q1 2025, with a negative shift leading to a national vacancy rate increase of 20 basis points to 5.5% year over year [3][4] - The first quarter saw negative net absorption of 5.9 million square feet, marking the largest single-quarter decline since Q3 2020, with neighborhood centers accounting for 75% of the demand pullback [4] - Only 2.2 million square feet of new shopping center space was delivered from the beginning of the year through April 14, 2025, contributing to a scarcity in the market [5] Performance Projections - Kimco's top line is projected to improve, with the Zacks Consensus Estimate for quarterly revenues at $528.9 million, indicating around 5% growth from the prior year [9] - Estimated net revenues from rental properties stand at $517.6 million, suggesting a 3.8% year-over-year increase, with leased occupancy expected to rise 10 basis points to 96.1% [10] - Interest expenses are projected to increase by 6.6% year over year for the first quarter [10] Market Position - Kimco's portfolio of premium shopping centers, primarily grocery-anchored and located in key metropolitan areas, is expected to support stable revenue generation [6][7] - The diverse tenant base, including essential and necessity-based retailers, is likely to contribute to top-line growth during the upcoming quarter [7]

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JERICHO, N.Y., March 27, 2025 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE:KIM) will announce its first quarter 2025 earnings on Thursday, May 1, 2025, before market open. You are invited to listen to our quarterly earnings conference call. The webcast information is as follows: When: 8:30 AM ET, May 1, 2025 Live Webcast: 1Q25 Kimco Realty Earnings Conference Call or on Kimco Realty's website investors.kimcorealty.com Dial #: 1-888-317-6003 (International: 1-412-317-6061). Passcode: 7740259 Audio from the confer ...

Kimco Realty (KIM) is well-positioned to gain from its portfolio of premium retail properties in high-growth areas, a focus on grocery-anchored centers, a diversified tenant base, and balance sheet-strengthening efforts.However, higher e-commerce adoption is a key concern for Kimco. High-interest expenses add to its woes.Shares of this retail REIT, carrying a Zacks Rank #3 (Hold), have gained 8.7%, outperforming the industry’s growth of 3.4% in the past year. Analysts seem bullish on this retail REIT, with ...

Core Insights - Kimco Realty Corporation (NYSE: KIM) reported funds from operations (FFO) of $0.42 per share in Q4 2024, aligning with market expectations for FFO [1] Financial Performance - The company continues to experience an increase in rents per square foot, indicating a positive trend in rental income [1]

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Group 1 - Kimco's shares have shown moderate performance over the past year, increasing by over 8% [1] - However, shares have declined by over 15% in recent months due to elevated interest rates [1] - The company has a history of making contrarian bets based on macro views and stock-specific turnaround stories [1]

Group 1 - Kimco Realty will present at the Citi 2025 Global Property CEO Conference on March 3, 2025, from 7:30 AM to 8:05 AM ET [1] - A replay of the webcast will be available 12 hours after the live event until March 2, 2026 [1] Group 2 - Kimco Realty is a leading real estate investment trust (REIT) focused on high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the U.S. [2] - The company's portfolio includes 568 U.S. shopping centers and mixed-use assets, totaling 101 million square feet of gross leasable space as of December 31, 2024 [2] - Kimco Realty has been publicly traded on the NYSE since 1991 and is included in the S&P 500 Index [2]