NOMD Stock Recent News

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Nomad Foods Limited (NYSE:NOMD ) Q1 2025 Results Conference Call May 8, 2025 8:30 AM ET Company Participants Jason English - Head of Investor Relations Stefan Descheemaeker - Chief Executive Officer Ruben Baldew - Chief Financial Officer Conference Call Participants Scott Marks - Jefferies John Baumgartner - Mizuho Jon Tanwanteng - CJS Securities Operator Good day, ladies and gentlemen, and welcome to the Nomad Foods First Quarter 2025 Conference Call. [Operator Instructions] Please note that this conference is being recorded.

Several British ADRs are standing out and may be worthy of investors' consideration, with President Trump reaching a trade deal with the U.K. on Thursday.

Nomad Foods (NOMD) came out with quarterly earnings of $0.37 per share, missing the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.40 per share a year ago.

Strong gross margin expansion helped fuel reinvestment Retailer destocking & Easter timing offset retail sell-out growth Recalibrating full year sales, Adjusted EBITDA and Adjusted EPS expectations WOKING, England , May 8, 2025 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD), today reported financial results for the three month period ended March 31, 2025.  Key operating highlights and financial performance for the first quarter 2025, when compared to the first quarter 2024, include: Revenue decreased 3.0% to €760 million Organic revenue declined 3.6% with a volume decline of 3.7% Gross margin expanded 90 bps, helping to fund a double digit increase in A&P Adjusted EBITDA decreased 1.8% to €120 million Adjusted EPS decreased 5.4% to €0.35 Management Comments Stéfan Descheemaeker, Nomad Foods' Chief Executive Officer, stated, "Our team continued to execute well against our strategic priorities in the first quarter.

Yes, Consumer Staples are boring but nothing is boring about making money.

We have screened bargain stocks NOMD, ASLE, BJRI, AXS and AVA based on the EV-to-EBITDA ratio, which gives the true picture of valuation and earnings potential.

The consensus price target hints at a 25% upside potential for Nomad Foods (NOMD). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Low-beta defensive stocks like AES, ATO, AWK, KDP and NOMD are a safe bet amid the ongoing market volatility.

Nomad Foods, Hawkins and PCB Bancorp were chosen as momentum picks under the Driehaus strategy.