Americold Realty Trust ( (COLD) ) has released its Q2 earnings. Here is a breakdown of the information Americold Realty Trust presented to its investors.
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Americold Realty Trust, Inc. is a global leader in temperature-controlled logistics, specializing in the ownership, operation, acquisition, and development of temperature-controlled warehouses, which are crucial in connecting food producers, processors, distributors, and retailers to consumers. The company recently released its second quarter 2025 earnings report, highlighting a series of strategic developments and financial results. Despite facing industry-wide challenges, Americold has launched three innovative projects and adjusted its full-year financial outlook.
In the second quarter of 2025, Americold reported total revenues of $650.7 million, a slight decrease from the previous year, primarily due to lower volumes in its warehouse segment. The company achieved a net income of $1.6 million, or $0.01 per diluted share, compared to a net loss in the same period last year. Adjusted Funds from Operations (AFFO) per share was $0.36, reflecting a 5.6% decrease from the prior year. Americold’s core EBITDA stood at $159.1 million, marking a decrease from the previous year, attributed to lower volumes and increased operational costs.
The company has made significant strides in its strategic initiatives, launching three major development projects in Kansas City, Allentown, and Dubai, which are expected to drive future growth. These projects are seeing strong customer demand, and Americold anticipates their positive financial contributions in the coming years. However, the company has adjusted its AFFO/share guidance range to $1.39 – $1.45, reflecting ongoing challenges in the demand environment.
Looking ahead, Americold remains focused on cost control, improving efficiencies, and capturing new business opportunities. The company acknowledges the challenging demand environment but remains optimistic about the long-term prospects of the cold storage industry. With a robust network and a history of operational excellence, Americold is well-positioned to capitalize on growth opportunities as industry volumes improve.