• Reported GAAP EPS of $0.20 down -4.76% YoY • Reported revenue of $715.2M down -5.91% YoY • For the full year 2026, Nomad Foods expects organic revenue to decline by 2%-5% and Adjusted EBITDA by 5%-10%. Adjusted EPS is now expected to be 1.47-1.62, an increase from prior guidance.
Bullish
Nomad Foods strengthened its foundation and recruited top-tier talent, while raising its full year Adjusted EPS outlook. The company is advancing strategic growth initiatives with new leadership.
Bearish
Nomad Foods reported Q1 2026 revenue decreased 5.9%, with organic revenue down 5.3% due to volume declines. Gross margin contracted 210 bps, leading to a 22.9% Adjusted EBITDA decrease.