Americold Realty Trust(US:COLD) Globenewswire·2025-11-06 12:00Core Insights - Americold Realty Trust reported total revenues of $663.7 million for Q3 2025, a decrease of 1.6% from $674.2 million in Q3 2024, primarily due to lower volumes in the warehouse segment and a decrease in transportation revenue [6][11] - The company delivered an Adjusted Funds From Operations (AFFO) of $0.35 per diluted share, consistent with the same quarter in the previous year [6][15] - The company reiterated its full-year 2025 outlook, indicating a cautious but stable approach amidst ongoing industry challenges [5][6] Financial Performance - Total revenues for Q3 2025 were $663.7 million, down 1.6% year-over-year [6][11] - The net loss for Q3 2025 was $11.4 million, or $0.04 per diluted share, compared to a net loss of $3.7 million, or $0.01 per diluted share in Q3 2024 [6][13] - Core EBITDA for Q3 2025 was $148.3 million, a decrease of 5.7% from $157.2 million in Q3 2024 [6][14] Operational Metrics - Global Warehouse segment same store revenues decreased by 1.6% on an actual basis and 1.5% on a constant currency basis compared to Q3 2024 [6][11] - The same store services margin decreased to 12.3% from 13.6% in Q3 2024 [6][11] - Economic occupancy percentage for same store warehouses was 75.5%, down from 78.3% in the previous year [24] Strategic Outlook - The CEO emphasized the company's commitment to operational excellence and strong execution, which are crucial for navigating current market conditions [3] - Americold is exploring ways to leverage partnerships and evaluate adjacent categories to drive occupancy throughout its network [3] - The company remains confident in its long-term potential, citing investments in labor, technology, and commercial leadership as key drivers for future growth [3]