Nomad Foods Lifts Outlook Despite Inflation Squeeze

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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 …

Full story available on Benzinga.com

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