Americold reports Q2 results, takes $309.6M impairment on facility wind-downs

Filed August 6, 2026 · Period ending August 6, 2026 · ~2 min read

Key Changes

• high

  Recorded $309.6M impairment charge related to winding down operations at Lancaster, PA and Plainville, CT facilities following mutual agreement with a customer, driving net loss of $342.8M ($1.19/share) vs. net income of $1.5M ($0.01/share) in Q2 2025.

  Exhibit 99.1 view on EDGAR →
• high

  Raised full-year 2026 Adjusted FFO guidance to $1.26-$1.32/share from prior $1.20-$1.30 range; management says improved outlook more than offsets projected dilution from EQT joint venture.

  Exhibit 99.1 view on EDGAR →
• high

  Received regulatory approval to close EQT joint venture in Q3 2026; will contribute 12 facilities valued at ~$3,300/pallet for ~$1.1B in proceeds, generating ~$46M in annual interest savings and reducing leverage by 0.75x.

  Exhibit 99.3 view on EDGAR →