Americold Realty Stock Price, News & Analysis

Americold Realty Trust (NYSE: COLD) has broken ground on its first import-export cold storage hub in Port Saint John, New Brunswick, Canada. The company will invest $75-80 million to develop a facility providing 22,000 pallet positions, equivalent to over 800 full truckloads of temperature-sensitive goods.

The project leverages partnerships with DP World and Canadian Pacific Kansas City (CPKC) to enhance trade routes between Canada and global markets. The facility, set to open in 2026, is expected to contribute up to $37 million in direct provincial GDP. Opportunities NB will provide up to $1.01 million in payroll rebates to support the creation of 100 jobs by 2029.

Americold Realty Trust (NYSE: COLD), a global leader in temperature-controlled logistics and real estate, has scheduled its second quarter 2025 earnings release and conference call. The company will release its financial results before market opening on Thursday, August 7, 2025, followed by a conference call at 8:00 a.m. Eastern Time on the same day.

Investors can access the webcast through Americold's Investor Relations website. For telephone participation, domestic callers can dial 1-877-407-3982, while international participants should use 1-201-493-6780. A playback option will be available until August 21, 2025, accessible via domestic (1-844-512-2921) and international (1-412-317-6671) numbers with passcode 13750776.

Americold Realty Trust (NYSE: COLD) has announced its second quarter 2025 dividend of $0.23 per share, maintaining the same level as Q1 2025. The dividend represents a 5% increase compared to the previous year. The payment is scheduled for July 15, 2025, with a record date of June 30, 2025. Americold is a global leader in temperature-controlled logistics and real estate, focusing on temperature-controlled warehouse operations.

Americold Realty Trust (NYSE: COLD) reported mixed Q1 2025 results with AFFO of $0.34 per share, in line with expectations. Key financial metrics showed: total revenues decreased 5.4% to $629.0 million, net loss of $16.5 million ($0.06 loss per share), and Core EBITDA declined 5.3% to $147.6 million. The company completed a strategic Houston warehouse acquisition, securing a contract with a major retailer. Despite headwinds, Americold increased its quarterly dividend by 5%. However, the company revised its 2025 outlook downward, with warehouse segment same-store revenue growth now projected at 0.0%-2.0% (down from 2.0%-4.0%) and adjusted FFO per share guidance lowered to $1.42-$1.52 (from $1.51-$1.59). Occupancy metrics showed weakness with economic occupancy declining 470 basis points to 74.7%.

Americold Realty Trust (NYSE: COLD), a global leader in temperature-controlled logistics and real estate, has scheduled its first quarter 2025 earnings release and conference call. The company will release Q1 2025 financial results before market opens on Thursday, May 8, 2025, followed by a conference call at 8:00 a.m. Eastern Time.

Investors can access the webcast through the company's Investor Relations website at www.americold.com. For telephone participation, domestic callers can dial 1-877-407-3982, while international participants should use 1-201-493-6780. A playback will be available until May 22, 2025, accessible via domestic (1-844-512-2921) and international (1-412-317-6671) numbers with passcode 13750775.

Americold Realty Trust (NYSE: COLD) has announced the pricing of a $400 million notes offering through its operating partnership. The notes, due May 15, 2032, are priced at 99.862% of their principal amount with a 5.600% yield rate (5.622% to maturity).

The notes will be fully guaranteed by Americold and its subsidiaries. The offering is expected to close on April 3, 2025. The company plans to use the net proceeds to repay a portion of its revolving credit facility borrowings, cover offering-related fees and expenses, and for general corporate purposes.

The offering is being managed by multiple financial institutions, including BofA Securities, J.P. Morgan Securities, RBC Capital Markets, and Truist Securities as joint book-running managers. The securities are being offered through an effective shelf registration statement filed with the SEC.

Americold Realty Trust (NYSE: COLD) has announced the acquisition of a temperature-controlled facility in Houston, Texas for $127 million, including planned expansion and equipment upgrades. The facility, located in Cedar Port Industrial Park in Baytown, will add 35,700 pallet positions to Americold's cold storage warehouse portfolio.

The acquisition was driven by securing a major grocery retail contract with one of the world's largest retailers, representing a significant achievement in Americold's $200M sales initiative. The facility, constructed in 2022, features 10.7 million cubic feet of space and includes 16 acres of adjacent land for potential future expansion.

This strategic move strengthens Americold's market position in the high-turn retail segment of the cold storage supply chain, where they currently hold the highest market share. The company expects returns from this acquisition to align with their historical return expectations for similar acquisitions.

Americold Realty Trust (NYSE: COLD), a global leader in temperature-controlled logistics and warehousing, has announced a dividend increase for Q1 2025. The company's Board of Directors has declared a dividend of $0.23 per share, which will be paid in cash on April 15, 2025, to stockholders of record as of March 28, 2025.

Americold Realty Trust (NYSE: COLD) reported its Q4 and full-year 2024 results, highlighting significant progress in productivity and efficiency initiatives. The company achieved 11.4% growth in Global Warehouse Same Store NOI and 16% growth in Adjusted FFO per share for the full year 2024.

Q4 2024 showed total revenues of $666.4 million, a 1.9% decrease from Q4 2023, with a net loss of $36.4 million ($0.13 loss per diluted share). The company's Global Warehouse same store services margin improved to 13.2% from 6.3% in Q4 2023.

For full-year 2024, Americold reported total revenues of $2.7 billion, with a net loss of $94.7 million. The company announced new developments including a $79 million state-of-the-art facility in Port Saint John, Canada and a $34 million expansion in Christchurch, New Zealand.