Welcome to our dedicated page for Americold Realty news (Ticker: COLD), a resource for investors and traders seeking the latest updates and insights on Americold Realty stock.
Americold Realty Trust (NYSE: COLD) operates at the forefront of temperature-controlled logistics, providing essential infrastructure for global food and pharmaceutical supply chains. This dedicated news hub offers investors and industry professionals timely updates on corporate developments, financial performance, and strategic initiatives shaping the cold storage sector.
Access authoritative reporting on earnings announcements, facility expansions, and partnership agreements that drive Americold's position as a leading real estate investment trust. Our curated collection features official press releases alongside market analysis, helping stakeholders track warehouse network growth, sustainability efforts, and technological innovations in perishable goods logistics.
Key updates include operational milestones across Americold's global portfolio, executive leadership changes, and industry benchmarking against cold chain competitors. Regular monitoring ensures comprehensive coverage of dividend declarations, capital investments, and regulatory developments impacting the REIT sector.
Bookmark this page for streamlined access to Americold's evolving role in critical supply chain infrastructure. Check back frequently for verified updates on capacity expansions, energy efficiency projects, and strategic collaborations that maintain the company's leadership in temperature-controlled real estate solutions.
Americold Realty Trust (NYSE: COLD) announced its Q2 2024 results, reporting a total revenue of $661.0 million, a modest increase of 1.7% from Q2 2023. However, the company recorded a net loss of $64.4 million, or $0.23 per diluted share, improved from a net loss of $104.8 million in the same period last year.
Key highlights include a 17.1% increase in NOI to $215.5 million and a record services margin for the second consecutive quarter. The Global Warehouse segment saw a rise in same-store NOI by 17.3%, with services margins increasing from 1.1% to 13.2%. Core FFO reached $95.0 million, or $0.33 per diluted share.
The company raised its full-year earnings guidance, anticipating AFFO per share to be between $1.44-$1.50. Capital deployment is expected to reach $200-$300 million. Liquidity stood at $553.7 million, with total net debt at $3.3 billion.
Americold Realty Trust, a global leader in temperature-controlled logistics and real estate, announced it will release its second quarter 2024 financial results on August 8, 2024, before the market opens. The company will host a conference call at 8:00 a.m. Eastern Time the same day. The webcast can be accessed via the Investor Relations section on Americold's website. Participants should register 15 minutes early for the webcast or dial in for the call 5 minutes prior. Playback will be available until August 22, 2024, via specified domestic and international numbers.
Blue Wolf Capital Partners has appointed Steve Sleigh as a Senior Advisor, succeeding Mike Musuraca, who retired after over a decade of service. Sleigh brings extensive experience from his consultancy, Sleigh Strategy, and previous roles in labor and investment realms. His expertise will aid Blue Wolf in labor management, new investments, and expanding partnerships with labor unions and institutional investors. This move continues Blue Wolf's tradition of integrating labor strategies to manage complexity and drive growth.
Americold Realty Trust (NYSE: COLD), a leader in temperature-controlled logistics and real estate, announced a dividend of $0.22 per share for Q2 2024. This dividend will be paid in cash on July 15, 2024, to stockholders recorded as of June 28, 2024. Americold continues its focus on owning, operating, acquiring, and developing temperature-controlled warehouses.
Americold Realty Trust, Inc. (NYSE: COLD) announced strong financial results for Q1 2024 with total revenue of $665.0 million, NOI up 12.4% to $210.8 million, and AFFO per share growth of over 28%. The company achieved double digit services margins and raised annual guidance, showcasing growth in core areas and strategic partnerships. However, non-same store NOI declined and occupancy rates saw a decrease compared to the prior year.
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