Reported 1 day ago
Lineage Inc. has reduced its full-year outlook due to high food prices affecting inventory levels and ongoing trade uncertainties. The company's third-quarter report revealed a net loss of $112 million, though consolidated net revenue rose to $1.38 billion. While occupancy rates are expected to improve in Q4, Lineage has adjusted its 2025 adjusted funds from operations forecast down to between $3.20 and $3.30 per share.
Source: YAHOO