Nomad Foods rose 4.5% after strong Q4 earnings, but retail sentiment remains subdued.
From StockTwits: 2025-03-04 06:32:14
Shares of frozen foods maker Nomad Foods (NOMD) rose 4.5% after posting better-than-expected Q4 earnings. Revenue increased 4.3% to €793 million, beating estimates. Q4 EPS was EUR 0.42, surpassing expectations. For 2025, Nomad expects organic revenue growth of 1%-3% and Adjusted EBITDA growth of 2%-4%. Adjusted 2025 EPS is expected to be €1.85-€1.89. CEO Stéfan Descheemaeker highlighted brand investments and operational excellence. Retail sentiment for NOMD remains subdued. Barclays raised the price target to $23 with an ‘overweight’ rating. Nomad Foods stock is up 18.2% year-to-date, including brands like Birds Eye and Findus.
Read more at StockTwits: Nomad Foods’ Retail Sentiment Remains Subdued Despite Q4 Earnings Beat