Lineage says tariffs hit Q1 revenue, announces $1B deal with Tyson Foods

From Yahoo Finance: 2025-04-30 11:18:00

Tariffs are causing uncertainty in the global food production chain, leading to shippers delaying decisions. Lineage Inc. reports $1.29 billion in revenue and 86 cents earnings per share for Q1. They are acquiring cold storage warehouses from Tyson Foods, planning to invest $1 billion for over $100 million annual income. The new warehouses will open by 2028. Lineage maintains full-year 2025 guidance, expecting adjusted EBITDA of $1.35 billion to $1.4 billion and adjusted EPS of $3.40 to $3.60. Customers are hesitating due to trade policy uncertainty.



Read more at Yahoo Finance: Lineage says tariffs hit Q1 revenue, announces $1B deal with Tyson Foods