LOS ANGELES, June 18, 2025 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz continues its investigation of Lineage, Inc. (“Lineage” or the “Company”) (NASDAQ: LINE) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON LINEAGE, INC. (LINE), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.   What Is The Investigation About? On April 30, 2025, Lineage reported first quarter 2025 financial resul ...

LOS ANGELES, June 17, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, continues its investigation on behalf of Lineage, Inc. (“Lineage” or the “Company”) (NASDAQ: LINE) investors concerning the Company’s possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON LINEAGE, INC. (LINE), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On April 30, 2025, Lineage reported first quar ...

BENSALEM, Pa., June 16, 2025 (GLOBE NEWSWIRE) -- Law Offices of Howard G. Smith continues its investigation on behalf of Lineage, Inc. (“Lineage” or the “Company”) (NASDAQ: LINE) investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN LINEAGE, INC. (LINE), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at ...

Group 1 - The article discusses an asset class that has faced challenges despite initial plans, indicating a shift in market dynamics [1] - It highlights the potential of a well-positioned asset class that may offer investment opportunities [1]

Company Overview - Lineage operates the world's largest global temperature-controlled warehouse REIT with over 485 facilities across North America, Europe, and Asia-Pacific [2] Investigation Details - Robbins Geller is investigating potential violations of U.S. federal securities laws involving Lineage, focusing on whether the company and its top executives made materially false and/or misleading statements or omitted material information regarding its business, operations, and prospects [1][2]

Company Overview - Lineage, Inc. claims to operate the world's largest global temperature-controlled warehouse REIT with a network of over 485 facilities across North America, Europe, and Asia-Pacific [2] Investigation Details - Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Lineage, focusing on whether Lineage and certain top executives made materially false and/or misleading statements or omitted material information regarding the company's business, operations, and prospects [1][2]

Summary of Lineage Dairy Conference Call Company Overview - **Company**: Lineage Dairy (LINE) - **Industry**: Temperature-controlled logistics - **Position**: Largest company in the industry, approximately twice the size of the next largest competitor - **Facilities**: Nearly 500 facilities across 19 countries - **Customers**: Over 13,000 customers - **Employees**: 27,000 team members - **Automation**: Leader in cold storage automation with 80 automated facilities globally [2][5][21] Financial Performance and Guidance - **AFFO Guidance**: Reaffirmed guidance of $3.4 to $3.6 per share - **Q2 Performance**: Expected to be similar to Q1, typically a seasonal low for cold storage - **Cost Savings**: Ongoing cost savings and productivity initiatives are yielding positive results [5][6][28] Pricing and Market Dynamics - **Pricing Trends**: - Slow growth in pricing over the last four years - Recent net price increase of 2.5% on 77% of contracts negotiated in Q1 - Expectation of stable to upward pricing moving forward [6][7] - **Seasonality**: - Return to normal seasonal patterns observed since 2023 after disruptions caused by COVID-19 - Confidence in increased occupancy and inventory levels in the second half of the year [9][10] Consumer Demand and Market Conditions - **Consumer Behavior**: Stable demand with low single-digit growth; food inflation has pressured consumer spending [11][12] - **Long-term Growth Strategy**: Prepared to operate in a flat market environment while leveraging scale and technology to gain market share [12][14] Customer Retention and Relationships - **Churn Rate**: Low customer churn rate of 3% annually, indicating a sticky customer base [16] - **Customer Relationships**: Strong relationships with major food producers, enhancing trust and retention [20] Technology and Operational Efficiency - **Lin OS Initiative**: - Proprietary technology developed to optimize operations in both automated and manual facilities - Early pilots show double-digit labor improvements - Expected to enhance cost structure and operational efficiency over the next several years [31][32][37][39] - **Global Integrated Solutions (GIS)**: - Significant growth opportunity in transportation and freight forwarding services - Expected double-digit growth in GIS segment [22][23] Recent Developments and Acquisitions - **Tyson Deal**: - Largest deal in cold storage history, involving the acquisition of Tyson's facilities and 1,000 employees - Expected to generate over $100 million in incremental EBITDA by 2030 and $200 million in savings for Tyson [47][48][49] - **Acquisition Strategy**: - Continued focus on acquiring companies in a fragmented industry, with a strong track record of successful integrations [55] Financial Health and Capital Management - **Debt Management**: - Current net debt to EBITDA ratio in the mid-fives, maintaining investment-grade status - Strong liquidity position with access to revolver financing for acquisitions [56][58] - **Future Growth Funding**: - Plans to utilize internal cash flow and public market access for future acquisitions [58][59] Market Expansion and Growth Opportunities - **Global Expansion**: - Actively evaluating growth opportunities in Southeast Asia and other developing markets - Positioned as the acquirer of choice due to strong company values and culture [65][66] Conclusion - Lineage Dairy is well-positioned for future growth through strategic initiatives in technology, customer retention, and market expansion, while maintaining a strong financial foundation and operational efficiency. The company is focused on leveraging its scale and automation to enhance profitability and market share in the temperature-controlled logistics industry [54][68].

Investment Ratings - Cold Storage REITs: Lineage Inc. (LINE, Buy) [5] - Industrial REITs: Prologis Inc. (PLD, Neutral) [16] - Industrial REITs: Terreno Realty Corp (TRNO, Buy) [31] - Self Storage REITs: Extra Space Storage Inc. (EXR, Buy) [44] - Self Storage REITs: Public Storage Inc. (PSA, Buy) [54] - Retail REITs: Brixmor Property Group (BRX, Buy) [63] - Retail REITs: Phillips Edison & Co (PECO, Buy) [74] Core Insights - The report highlights a mixed outlook across various REIT sectors, with some companies like LINE, TRNO, EXR, PSA, BRX, and PECO receiving "Buy" ratings, while PLD is rated "Neutral" [5][16][31][44][54][63][74] - Economic occupancy for LINE decreased by 290 basis points sequentially and 260 basis points year-over-year in Q1 2025, indicating potential challenges in maintaining occupancy levels [5] - Prologis Inc. is focusing on the implications of tariff policies on global supply chains, which may disrupt tenant activities and leasing demand [16] - Terreno Realty Corp is observing a shift in leasing dynamics post-tariff announcements, with domestic customers becoming more active compared to those operating across borders [31] - Extra Space Storage Inc. is prioritizing occupancy over rent in the current environment, reflecting a strategic shift in response to market conditions [44] - Public Storage Inc. is experiencing a significant impact from regional events, such as fires in Los Angeles, which account for 15% of its NOI [54] - Brixmor Property Group is seeing a steady increase in billed occupancy, which has risen by an average of 100 basis points over the last four years [63] Summary by Sections Cold Storage REITs - Lineage Inc. (LINE) reported a decline in economic occupancy and revenue per occupied pallet, with management expressing confidence in maintaining AFFO/share and EBITDA guidance for 2025 [5][6][7] Industrial REITs - Prologis Inc. (PLD) is navigating the complexities of global supply chains and tariff impacts, with expectations for occupancy and rent growth improvements in the second half of 2025 [16][20] - Terreno Realty Corp (TRNO) is adapting to changes in leasing activity and tenant retention amid tariff uncertainties, focusing on domestic customer engagement [31][36] Self Storage REITs - Extra Space Storage Inc. (EXR) is adjusting its strategy to prioritize occupancy over rent, with a focus on counter-cyclical demand drivers [44][46] - Public Storage Inc. (PSA) is managing its rent versus occupancy strategy while facing challenges from regional disruptions [54][56] Retail REITs - Brixmor Property Group (BRX) is experiencing a positive trend in occupancy and leasing spreads, with a focus on tenant credit and market dynamics [63][66] - Phillips Edison & Co (PECO) is observing volatility in the market due to tariff updates, impacting leasing velocity and transaction activity [74]

Core Insights - Laird Superfood has launched six new Organic Mushroom Powders, including two blends: Calm & Relaxation and Focus & Memory, aimed at enhancing wellness through functional ingredients [1][2][3] - The new products build on the success of the original Organic Performance Mushrooms blend introduced in 2019, which made adaptogens accessible for daily use [3] - All mushroom powders are organic, full-spectrum, and made in the United States, free from fillers or processing aids, and can be incorporated into various beverages [3][4] Product Details - Calm & Relaxation Mushrooms: A blend of reishi, lemon balm, and ashwagandha designed to manage stress and support mood balance [7] - Focus & Memory Mushrooms: Contains lion's mane, L-theanine, and coffee berry to enhance memory, focus, and provide calm energy [7] - Organic Lion's Mane: Supports memory and cognitive function [7] - Organic Reishi: Traditionally used for immune support and stress reduction [7] - Organic Turkey Tail: Promotes gut health and overall wellness [7] - Organic Oyster: A nutrient-dense superfood for overall wellness [7] Company Background - Laird Superfood was founded in 2015 by Laird Hamilton and Gabby Reece, focusing on minimally processed superfood products that support active lifestyles [8] - The brand has expanded its product line from superfood creamers to include instant lattes, coffees, bars, and prebiotic daily greens [8] - The company emphasizes simple ingredients and aims to fuel consumers from morning to night [8]

Core Viewpoint - BofA Securities analyst Jeffrey Spector downgraded Lineage Inc from Buy to Neutral and reduced the price target from $70.00 to $49.00 due to reduced visibility from ongoing revenue growth challenges, halted supply chain investments, and downward earnings revisions [1]. Financial Performance - Lineage reported Q1 2025 EPS of $0.01, surpassing analyst expectations of a $0.05 loss, but revenue of $1.29 billion fell short of the $1.34 billion consensus estimate [2]. - The company maintained its full-year 2025 outlook, projecting adjusted EBITDA between $1.35 billion and $1.40 billion, and adjusted FFO per share in the range of $3.40 to $3.60 [3]. Growth Projections - The analyst revised 2025 occupancy growth forecast down to -1.7% from -0.6% and reduced throughput volume growth to -1.6% from +1.5% [4][5]. - For 2026, occupancy growth is expected to remain flat, while throughput growth is now forecasted at +0.3%, down from +1.5% [4][5]. Market Reaction - LINE shares closed lower by 1.13% to $43.78 on Tuesday [5].