Americold
Americold Posts Q2 Gains in Earnings, Revenue
An Americold facility in Mableton, Ga. The company paid out a $4.3 million appreciation bonus to frontline workers in the second quarter. (Chris Rank/Bloomberg News)
Americold Realty Trust reported improved net income and revenue for the second quarter.
August 7, 2020Americold Sees Surge in Q1 Profits, Revenue
An Americold warehouse via Americold Realty Trust
Refrigerated warehouse operator Americold Realty Trust saw revenue and profits jump in the first quarter as its storage and distribution network played a key role in supplying a surge in grocery demand in response to the coronavirus pandemic.
May 8, 2020Americold’s Net Income Climbs 10.6% in Q3
An Americold facility. (Americold)
Americold Realty Trust, a global real estate company focused on temperature-controlled warehouses, said it grew its net income by 10.6% to $27.1 million in the quarter ended Sept. 30, over income of $24.5 million in the same quarter last year.
November 7, 2019Americold Reports Lower Net Income, Higher Revenue
Americold's second-quarter revenue increased to nearly $438.5 million, compared with just below $394.7 million in 2018, an 11% year-over-year increase.(Americold)
Americold Realty Trust, one of the world’s largest logistics companies focusing on temperature-controlled warehouse facilities, on Aug. 8 reported second-quarter net income dropped to nearly $4.9 million from $29.4 million in 2018, an 83.3% decrease.
August 9, 2019Americold Reports Revenue Rises 0.5% to $393.1 Million in 1Q
Americold
Americold Realty Trust, one of the world’s largest companies focused on temperature-controlled warehouses, on May 7 reported revenue rose in the first quarter ending March 31.
May 9, 2019Americold Agrees to Acquire Cloverleaf Cold Storage
Americold
Americold Logistics has agreed to buy Cloverleaf Cold Storage for $1.24 billion, a move that ramps up a trend toward consolidation in the refrigerated warehousing sector.
April 16, 2019Americold Completes First Year as Public Company With Solid Financial Results
An Americold facility in Mableton, Ga. (Chris Rank/Bloomberg News)
Warehouse operator Americold completed its first year as a public company by reporting solid gains in revenue and higher operating profits in the fourth quarter of 2018.
February 21, 2019Americold Acquires PortFresh Warehouse, Plans Port of Savannah Expansion
An Americold cold-storage warehouse. The $35 million acquisition of PortFresh will increase Americold's footprint at the Port of Savannah in Georgia. (Americold)
Cold storage warehouse operator Americold acquired PortFresh Holdings in Savannah, Ga., and said it will build a 15 million-square-foot cold storage facility on an adjacent site as part of a move to increase the firm’s share of the market for food imports and exports at the Port of Savannah.
February 7, 2019Americold Posts 3Q Profit
Chris Rank/Bloomberg News
Global warehouse operator Americold reported net income of $24.5 million, or 17 cents a share, in the third quarter, compared with a net loss of $11.9 million, or 17 cents a share, in the same period a year ago. Revenue increased 3.2% to $402 million in 2018 from $389.5 million in 2017.
November 9, 2018Americold Logistics Reports Improved Results in Second Quarter
Americold
Americold Logistics reported improved financial results for the second quarter with revenue from its temperature-controlled warehousing operations growing 2.8% and profit margins expanding by 150 basis points, or 1.5%, compared with the same period a year ago.
August 9, 2018