---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-015694"
form_type: "8-K"
ticker: "COLD"
cik: "0001455863"
company_name: "AMERICOLD REALTY TRUST"
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T21:37:10.888090+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Americold Q1 net loss narrows to $2.6M; core EBITDA up 20%; same-store NOI jumps 24.6%

## Summary
- Total revenue fell 4.1% to $676.5M, driven by declines in Third-party managed and Transportation segments.
- Net loss improved to $2.6M ($0.01/sh) from a loss of $17.4M ($0.06/sh) in the prior-year quarter.
- Core EBITDA increased 20.0% to $133.1M (22.0% constant currency); AFFO rose to $79.9M ($0.29/sh) from $68.9M.
- Global Warehouse segment revenue grew 10.0% to $595.1M; same-store NOI increased 24.6% (26.1% constant currency).
- Completed $164M Lancaster development project; acquired 49% interest in RSA JV in Dubai for $4.0M.

## SEC filing metadata
- accession: 0001628280-23-015694
- form_type: 8-K
- ticker: COLD
- cik: 0001455863
- company_name: AMERICOLD REALTY TRUST
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1455863/000162828023015694/0001628280-23-015694-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1455863/000162828023015694/art-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-015694
- JSON: https://secwatch.observer/filing/0001628280-23-015694.json
- Plain text: https://secwatch.observer/filing/0001628280-23-015694.txt

## Key facts
- Earnings Releases
  AMERICOLD REALTY TRUST reported first quarter ended March 31, 2023 results: revenue $676.5 million, net income Net loss of $2.6 million, EPS $0.01 per diluted common share.
  - Period: first quarter ended March 31, 2023
  - Revenue: $676.5 million
  - Net income: Net loss of $2.6 million
  - EPS: $0.01 per diluted common share
  - Result: reported results
  source text: Americold Realty Trust, Inc. (NYSE: COLD) (the “Company”), a global leader in temperature-controlled logistics real estate, and value-added services focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, today announced financial and operating results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights • Total revenue decreased 4.1% to $676.5 million. • Total NOI increased 18.5% to $187.6 million. • Net loss of $2.6 million, or $0.01 per diluted common share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1455863/000162828023015694/0001628280-23-015694-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.