--- title: "Nomad Foods Lifts Outlook Despite Inflation Squeeze" type: "News" locale: "en" url: "https://longbridge.com/en/news/285553740.md" description: "Nomad Foods Limited (NOMD) reported Q1 earnings of 27 cents per share, exceeding estimates of 21 cents but down from 37 cents last year. Quarterly sales reached $837.5 million, surpassing projections. The company raised its fiscal 2026 adjusted EPS guidance to $1.72-$1.90. However, organic revenue fell 5.3%, and gross profit dropped 13.2% due to inflationary pressures. CEO Dominic Brisby noted progress in strategic growth and talent acquisition. NOMD shares rose 3.85% to $10.51 in premarket trading." datetime: "2026-05-07T12:12:54.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285553740.md) - [en](https://longbridge.com/en/news/285553740.md) - [zh-HK](https://longbridge.com/zh-HK/news/285553740.md) --- # 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 range sits at $1.72 to $1.90, up from the previous $1.71 to $1.89. This outlook remains above the $1.70 analyst estimate. By the quarter ended March 31, the company held cash and equivalents of 282.5 million euros ($331.78 million). ## Nomad Foods Margins Face Inflationary Headwinds Organic revenue fell 5.3%, pressured by a 4.4% volume decline. Gross profit dropped 13.2% to 184 million euros ($216.48 million). Gross margin contracted 210 basis points to 25.7%. The company attributed the margin squeeze to supply chain inflation and the timing of price increases. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) fell 22.9% to 93 million euros ($109.42 million). ## CEO Eyes Strategic Growth CEO **Dominic Brisby** noted “meaningful progress” in strengthening the company’s foundation. “Since the beginning of the year, we have successfully secured our planned level of price increases,” Brisby stated. He highlighted the recruitment of top-tier talent and two new Regional Presidents. Founder **Noam Gottesman** added, “Our market advantages are increasingly evident, with accelerating category growth and resilient demand.” ## Nomad Foods Price Action **NOMD Stock Price Activity:** Nomad Foods shares were up 3.85% at $10.51 during premarket trading on Thursday, according to Benzinga Pro data. _Photo by Thapana\_Studio via Shutterstock_ ### Related Stocks - [NOMD.US](https://longbridge.com/en/quote/NOMD.US.md) - [SSTK.US](https://longbridge.com/en/quote/SSTK.US.md) ## Related News & Research - [Insider Buying: Nomad Foods (NYSE:NOMD) CEO Purchases 150,000 Shares of Stock](https://longbridge.com/en/news/286877498.md) - [Nomad Foods Q1 Earnings Call Highlights](https://longbridge.com/en/news/286205331.md) - [Nomad Foods Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next](https://longbridge.com/en/news/285958291.md) - [Short Interest in Nomad Foods Limited (NYSE:NOMD) Declines By 17.0%](https://longbridge.com/en/news/280986886.md) - [15:37 ETRunloop-Powered ION Launches to Make Vibe-coded Websites Win](https://longbridge.com/en/news/286811158.md)