NOMD Stock Recent News

Aside from inflation and military conflict, one of the most-discussed topics centers on global food shortages, thus cynically incentivizing food stocks to buy. Predominantly, Russia's unjustified invasion of Ukraine dramatically disrupted critical supply chains, resulting in price escalation.

Nomad Foods is a multinational packaged foods company that produces and distributes a range of frozen food products. The company has recorded mid-single digit revenue growth since 2016 while recently released Q4 2022 results inspire confidence.

Nomad Foods Limited (NYSE:NOMD ) Q4 2022 Results Conference Call February 23, 2023 8:30 AM ET Company Participants Anthony Bucalo - IR Stefan Descheemaeker - CEO Samy Zekhout - CFO Conference Call Participants Andrew Lazar - Barclays John Baumgartner - Mizuho Securities Rob Dickerson - Jefferies Cody Ross - UBS Stefanos Christ - CGS Securities Operator Ladies and gentlemen, greetings, and welcome to the Nomad Foods Fourth Quarter and Full Year 2022 Earnings Call. A brief question-and-answer session will follow the formal presentation [Operator Instructions].

Nomad Foods (NOMD) delivered earnings and revenue surprises of -8.11% and 2.80%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

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.

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.

DTEGY, NOMD and DDI made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 25, 2023.

ASBFY, NOMD and RELL made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 20, 2022.

Despite the difficult economic environment with high energy prices, rising inflation and political disruption, Nomad managed to sail well through it. Third-quarter sales rose sharply by 27% and earnings per share also rose 49%.

Nomad Foods Limited. (NYSE:NOMD ) Q3 2022 Earnings Conference Call November 9, 2022 8:30 AM ET Company Participants Anthony Bucalo - Head of Investor Relations Stefan Descheemaeker - Chief Executive Officer Samy Zekhout - Chief Financial Officer Conference Call Participants Andrew Lazar - Barclays Jason English - Goldman Sachs Cody Ross - UBS John Baumgartner - Mizuho Peter Saleh - BTIG Robert Moskow - Crédit Suisse Jon Tanwanteng - CJS Securities Operator Ladies and gentlemen, good morning and welcome to the Nomad Foods Q3 Earnings Call.