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May 7, 2026 8:20 AM

Nomad Foods Lifts Outlook Despite Inflation Squeeze

Nomad Foods Limited (NYSE:NOMD) reported first-quarter earnings of 27 cents per share on Thursday.

This result surpassed the analyst consensus estimate of 21 cents. However, the figure marks a decrease from 37 cents per share in the prior-year period.

The frozen foods giant posted quarterly sales of $837.499 million. This exceeded the projected $796.160 million. It also reflects growth over the $799.326 million reported during the same period last year, according to Benzinga Pro.

Guidance Hike and Cash Position

Management raised its fiscal 2026 adjusted earnings per share guidance. The new ...