Nomad Foods Shares Drop 11% After Q4 EPS Miss and Projects 5% Sales Decline
Nomad Foods shares have declined over 11% since Q4 2025 earnings as revenue grew 9.76% to $912.43 million but missed estimates by $2.95 million and EPS of $0.51 fell $0.01 short. Full-year sales declined 2%, gross margins shrank 250 basis points and EPS dropped 7%, with 2026 guidance forecasting declines.
1. Q4 2025 Earnings Results
Nomad Foods reported Q4 revenue of $912.43 million, a 9.76% year-over-year increase, yet missed consensus estimates by $2.95 million. Adjusted EPS came in at $0.51, falling $0.01 short of expectations, triggering an 11% share price decline since the earnings release.
2. Full-Year 2025 Performance and Inflation Impact
For full-year 2025, Nomad Foods experienced a 2% decline in net sales, gross profit margins contracted by 250 basis points, and adjusted EPS decreased by 7%. The company absorbed approximately $100 million in supply chain inflation costs after opting not to raise consumer prices.
3. 2026 Guidance and Analyst Responses
Management projects 2026 organic sales to decline between 2% and 5%, with adjusted EPS forecast to fall 4% to 13% under new CEO Dominic Brisby. Following the earnings miss, Jefferies lowered its price target from $17 to $16 and Deutsche Bank cut its target from $18 to $15, both maintaining Buy ratings.