NNN REIT, Inc. announced its financial results for the second quarter and the first half of 2025. For the quarter ended June 30, 2025, the company reported revenues of $226.8 million, marking an increase from $216.8 million in the same period in 2024. Net earnings for the quarter were $100.5 million, down from $106.7 million in the previous year, with net earnings per share at $0.54 compared to $0.58 in 2024. For the six months ended June 30, 2025, revenues totaled $457.7 million, up from $432.2 million in the first half of 2024. Net earnings for this period were $197 million, slightly down from $201 million reported in the prior year, with net earnings per share at $1.05 compared to $1.10 in 2024. The company also reported a 1.2% growth in Core FFO and AFFO per diluted share, reaching $0.84 and $0.85, respectively, for the quarter. Additionally, NNN REIT increased its Annual Base Rent $(ABR)$ by 6.7% compared to the previous year and closed on $232.5 million of investments during the quarter. Looking ahead, NNN REIT raised its guidance for 2025, projecting net earnings per share between $1.97 and $2.02, and Core FFO per share in the range of $3.33 to $3.38. The company's acquisition volume is expected to be between $500 million and $600 million.