---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-006549"
form_type: "8-K"
ticker: "COLD"
cik: "0001455863"
company_name: "AMERICOLD REALTY TRUST"
filed_at: "2025-02-20T23:59:59+00:00"
generated_at: "2026-05-26T08:29:53.966932+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Americold Q4 AFFO $0.37, FY AFFO $1.47 (+15.9% YoY); guides FY25 AFFO $1.51-$1.59

## Summary
- Q4 total revenue $666.4M (-1.9% YoY); net loss $36.4M ($0.13/sh) vs $226.8M loss ($0.80/sh) in Q4 2023.
- Full-year 2024 adjusted FFO $420.4M ($1.47/sh), +15.9% YoY; same-store warehouse NOI +11.4% constant currency.
- Warehouse services margin improved to 13.0% full year from 3.8% in 2023; $125M incremental same-store handling NOI.
- Announced $79M development in Port Saint John, Canada (with DP World/CPKC) and $34M expansion in Christchurch, NZ.
- FY2025 guidance: adjusted FFO per share $1.51-$1.59; same-store NOI growth 200 bps above revenue growth (2-4% revenue).

## SEC filing metadata
- accession: 0001628280-25-006549
- form_type: 8-K
- ticker: COLD
- cik: 0001455863
- company_name: AMERICOLD REALTY TRUST
- filed_at: 2025-02-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1455863/000162828025006549/0001628280-25-006549-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1455863/000162828025006549/art-20250220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-006549
- JSON: https://secwatch.observer/filing/0001628280-25-006549.json
- Plain text: https://secwatch.observer/filing/0001628280-25-006549.txt

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