---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-023446"
form_type: "8-K"
ticker: "COLD"
cik: "0001455863"
company_name: "AMERICOLD REALTY TRUST"
filed_at: "2025-05-08T23:59:59+00:00"
generated_at: "2026-05-22T03:52:25.429166+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Americold Q1 revenue down 5.4% to $629M; net loss $0.06/sh; cuts 2025 AFFO guidance to $1.42-$1.52

## Summary
- Revenue $629M (-5.4% YoY); net loss $16.5M ($0.06/diluted share) vs net income $0.03 in Q1 2024.
- Adjusted FFO $0.34/share, down 9% YoY; Core EBITDA $147.6M, down 5.3%.
- Same-store warehouse NOI -4.2% (constant currency -3.4%); same-store services margin improved to 11.3%.
- Completed Houston warehouse acquisition tied to new retail customer; raised quarterly dividend by 5%.
- Lowered 2025 guidance: same-store revenue growth 0-2% (was 2-4%); AFFO/sh $1.42-$1.52 (was $1.51-$1.59).

## SEC filing metadata
- accession: 0001628280-25-023446
- form_type: 8-K
- ticker: COLD
- cik: 0001455863
- company_name: AMERICOLD REALTY TRUST
- filed_at: 2025-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1455863/000162828025023446/0001628280-25-023446-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1455863/000162828025023446/art-20250508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-023446
- JSON: https://secwatch.observer/filing/0001628280-25-023446.json
- Plain text: https://secwatch.observer/filing/0001628280-25-023446.txt

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