secwatch.observer — SEC 8-K summary
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Issuer:     AMERICOLD REALTY TRUST (COLD)
CIK:        0001455863
Form:       8-K
Filed at:   2022-02-24T23:59:59+00:00
Accession:  0001628280-22-003815
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Americold Q4 revenue up 36.8% to $716.5M, net loss narrows to $0.03/share; names George Chappelle permanent CEO
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- Q4 revenue $716.5M (+36.8% YoY); net loss $8.0M ($0.03 loss per diluted share) vs $44.0M loss in prior year.
- Core FFO $0.26 per share, AFFO $0.31 per share; same store warehouse NOI decreased 8.2%.
- Acquired Lago Cold Stores in Australia for A$106.4M ($75.1M USD) and Denver facility for $53.6M.
- George F. Chappelle Jr. appointed permanent CEO; base salary $1M, target incentive 160% of base, equity award $3.56M.
- Board adopted Executive Severance Benefits Plan for key executives with double-trigger change-in-control provisions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1455863/000162828022003815/0001628280-22-003815-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1455863/000162828022003815/art-20220224.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-003815

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