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Americold Realty Trust financial and operational updates

Updated 1 time since CLSTR started tracking revisions of this situation.

What changed

2026-08-13 16:13 UTC → 2026-08-27 12:14 UTC · added removed

Americold Realty Trust reported a second-quarter net loss of $342.8 million, largely or $1.19 per diluted share, primarily due to a $309.6 million impairment charge following the decision a mutual agreement with a customer to wind down operations at facilities in Pennsylvania Lancaster, Pennsylvania, and Plainville, Connecticut. Despite this loss, this, the company saw reported a 1.9% increase in revenue increase to $662.9 million and improved noted that physical occupancy. occupancy rose by more than 200 basis points sequentially. To manage debt, a net debt-to-pro forma Core EBITDA ratio of approximately 7.3x, the company is pursuing a joint venture with EQT EQT, expected to close in the third quarter. Following these financial results, the Americold raised its full-year adjusted funds from operations (AFFO) guidance to a range of $1.26 to $1.32 per share. The company has focused on is also expanding its integrated cold chain fulfillment services services, such as order-level fulfillment and last-mile delivery, to support direct-to-consumer and omnichannel growth. Concurrently, several For example, protein provider Good Ranchers has utilized these services to scale ecommerce operations. In financial institutions developments, analysts have issued updated price targets their outlooks for the stock, with analysts stock. Scotiabank raised its price objective from Scotiabank, $15.00 to $16.00, while Royal Bank of Canada, UBS Group, and Evercore providing various outlooks. issued targets of $18.00, $16.00, and $19.00, respectively. Additionally, Americold declared a third-quarter 2026 quarterly dividend of $0.23 per share, payable on October 15, 2026, to stockholders of record as of September 30, 2026.

Versions

  1. 2026-08-27 12:14 UTC Americold Realty Trust financial and operational updates
  2. 2026-08-13 16:13 UTC Americold Realty Trust financial and operational updates

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