The latest update is out from Nomad Foods ( (NOMD) ).
On May 8, 2025, Nomad Foods Limited announced its financial results for the first quarter of 2025, revealing a 3.0% decrease in revenue to €760 million compared to the same period in 2024. Despite a 90 basis point expansion in gross margin, the company faced challenges such as retailer inventory destocking and the timing of Easter, leading to a decline in organic revenue and adjusted EBITDA. As a result, Nomad Foods has adjusted its full-year revenue and EBITDA expectations downward, while maintaining confidence in its growth potential due to strong brand positioning and a healthy frozen food market in Europe.
Spark’s Take on NOMD Stock
According to Spark, TipRanks’ AI Analyst, NOMD is a Outperform.
Nomad Foods scores well due to its robust financial performance and positive earnings call sentiment, highlighting strong sales growth and strategic initiatives. Although technical indicators point to potential overbought conditions, the company’s sound financials and fair valuation provide a solid basis for potential long-term growth.
To see Spark’s full report on NOMD stock, click here.
More about Nomad Foods
Nomad Foods is Europe’s leading frozen food company, known for its iconic brands such as Birds Eye, Findus, iglo, Ledo, and Frikom. The company is headquartered in the United Kingdom and focuses on providing convenient, high-quality, and nutritious frozen food products.
Average Trading Volume: 764,742
Technical Sentiment Signal: Buy
Current Market Cap: $3.01B
See more data about NOMD stock on TipRanks’ Stock Analysis page.