The earnings call reflects a mix of positive and negative aspects. While the company has shown resilience and delivered significant shareholder returns, it faces challenges with retail inventory destocking, increased input costs, and market share pressures, leading to adjusted guidance for 2025.
Company Guidance
In the first quarter of 2025, Nomad Foods reported a modest increase in retail sell-through, aligning with their expectations due to the timing of growth initiatives and a later Easter. Despite a 3% decline in reported net revenues to EUR 760 million, the company achieved a 90 basis point gross margin expansion to 27.8%, supported by supply chain productivity savings and overhead cost efficiencies. They returned EUR 74 million to shareholders, marking a 152% increase from the previous year, through share repurchases and dividends. However, Nomad faced greater-than-anticipated retail inventory destocking in Europe, leading to a 3.6% organic sales decline. This, alongside increased input costs, prompted a downward revision of their full-year guidance, with projected 0% to 2% organic revenue growth and adjusted EBITDA growth. Despite these challenges, Nomad continues to invest in brand and product development, maintaining a long-term focus on business health.
Resilient Organization and Market Position
Nomad Foods has built a resilient organization with a strong portfolio and leading brands. Retail sell-through rose modestly, in line with expectations, and the company achieved gross margin expansion. Strong cash flow allowed for significant shareholder returns.
Significant Shareholder Returns
Nomad Foods returned EUR 74 million to shareholders in Q1 2025, marking a 152% increase from Q1 2024. This was achieved through EUR 49 million in share repurchases and EUR 25 million in dividends.
Successful Growth Platforms
Net sales for growth platforms rose 36% year-over-year in Q1 2025. The company achieved a nearly 2% share in the frozen chip market in the U.K. and doubled retail sales of prepared meals in Germany.
Nomad Foods (NOMD) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NOMD Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 08, 2025
$18.96
$19.24
+1.48%
Mar 03, 2025
$18.73
$19.66
+4.97%
Nov 14, 2024
$15.95
$16.46
+3.20%
Aug 07, 2024
$17.86
$17.97
+0.62%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Nomad Foods Ltd. (NOMD) report earnings?
Nomad Foods Ltd. (NOMD) is schdueled to report earning on Aug 06, 2025, TBA Not Confirmed.
What is Nomad Foods Ltd. (NOMD) earnings time?
Nomad Foods Ltd. (NOMD) earnings time is at Aug 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.