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Nomad Foods Announces Launch of Refinancing of Senior Secured Term Loans
Prnewswire· 2025-10-20 10:45
Accessibility StatementSkip Navigation WOKING, England, Oct. 20, 2025 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) today announced the launch of an anticipated refinancing of its existing USD denominated Term Loan B of USD 679 million and EUR denominated Term Loan B of EUR 130 million and EUR 553 million (the "Term Loans") and an associated extension of its Revolving Cash Facility of EUR 175 million with lender meetings anticipated to follow later this week (the "Refinancing"). 440k+Newsrooms &Influen ...
Top 3 Defensive Stocks Which Could Rescue Your Portfolio In Q4
Benzinga· 2025-10-16 10:53
Core Insights - The consumer staples sector is experiencing a trend of oversold stocks, presenting potential buying opportunities for undervalued companies [1] Group 1: Oversold Stocks - Nomad Foods Ltd (NYSE:NOMD) has an RSI of 23.8, with a stock price decline of approximately 13% over the past month, closing at $11.96 [8] - JBS NV (NYSE:JBS) has an RSI of 25.7, with a stock price decrease of around 19% over the past month, closing at $12.81 [8] - Moolec Science SA (NASDAQ:MLEC) has an RSI of 15.1, with a significant stock price drop of about 46% over the past month, closing at $0.68 [8] Group 2: Company Developments - Nomad Foods announced the appointment of Dominic Brisby as the new CEO, effective Nov. 3, following the tenure of Stéfan Descheemaeker [8] - JBS received an Overweight rating from Stephens & Co. analyst Pooran Sharma, maintaining a price target of $19 [8] - Moolec Science received regulatory approval in Argentina for its Safflower GLASO Technology and appointed Valeria Falottico as CFO, indicating progress in its operations [8]
1 Ultra-High-Yield Dividend Stock to Buy Right Now at a Once-in-a-Decade Valuation
The Motley Fool· 2025-10-15 08:55
This industry leader is returning a ton of cash to shareholders, but remains available at a deeply discounted valuation.The market may continue to trade near all-time highs, but growth stocks have done most of the heavy lifting.This delineation can clearly be seen in the chart below, showing the performance of two index-tracking exchange-traded funds (ETFs). As you can see, there is quite a difference between the last six months' performance from high beta (growth-ish) and low volatility (value-ish) stocks ...
Nomad Foods Names Dominic Brisby as Executive President & CEO-Elect; Announces Stéfan Descheemaeker's Retirement
Prnewswire· 2025-10-10 10:30
Core Viewpoint - Nomad Foods Limited has announced the appointment of Dominic Brisby as the new Executive President and CEO-Elect, effective November 3, 2025, succeeding Stéfan Descheemaeker, who will retire on January 1, 2026 [1][3]. Group 1: Leadership Transition - Dominic Brisby will work alongside current CEO Stéfan Descheemaeker during a transition period until Descheemaeker's retirement [1]. - Descheemaeker has been CEO since the company's founding in 2015 and will continue as a non-executive Director after his retirement [3]. - The transition is part of a planned succession process, with the Board expressing confidence in Brisby's leadership capabilities [4]. Group 2: Dominic Brisby's Background - Brisby has a strong track record in the consumer goods industry, having served as President of North America and Europe at Flora Food Group, where he achieved significant market share growth [2]. - His previous role at Imperial Brands involved reversing market share declines and implementing cost-saving measures that resulted in record profit growth in the U.S. market [2]. Group 3: Company Performance and Future Outlook - Under Descheemaeker's leadership, Nomad Foods has experienced nine consecutive years of revenue and Adjusted EBITDA growth through 2024, with Adjusted EPS expected to have approximately doubled from 2016 to 2025 [3]. - The company is recognized as Europe's leading frozen food business, with a portfolio of iconic brands that align with current consumer trends [5]. - Brisby expressed enthusiasm for unlocking the company's growth potential and delivering attractive returns to stakeholders, emphasizing alignment with trends in nutrition, convenience, value, and sustainability [4].
Stock market climbs as shutdown fears loom
Fastcompany· 2025-10-01 12:11
Most Innovative Companies Final Deadline: October 3 LOGIN SUBSCRIBE | FastCo Works advertisement BY Associated Press Listen to this ArticleMore info 0:00 / 0:00 U.S. stocks are coasting toward the finish of Wall Street's latest winning month on Tuesday. The S&P 500 fell 0.2% in afternoon trading but remains on track for a fifth straight winning month after setting a record last week. The Dow Jones Industrial Average was down 145 points, or 0.3%, as of 1:43 p.m. ET, and the Nasdaq composite was 0.3% lower. ...
Top Stock Movers Now: Spotify, Pfizer, CoreWeave, Lamb Weston, and More
Yahoo Finance· 2025-09-30 17:18
Company Updates - Spotify shares dropped following the announcement that co-founder and CEO Daniel Ek will step down, with co-presidents Gustav Soderstrom and Alex Norstrom set to take over as co-CEOs [2][4] - Instacart operator Maplebear saw its shares tumble after BTIG downgraded its rating from "buy" to "neutral," citing increased competition in the food delivery sector [2] - Firefly Aerospace experienced a significant decline in shares after one of its rocket boosters exploded during preflight tests [2] Market Reactions - Pfizer shares gained after the pharmaceutical company reached a deal with the Trump administration to lower drug prices [3][4] - CoreWeave shares surged following the announcement of a new agreement with Meta Platforms valued at up to $14.2 billion [3] - Lamb Weston Holdings shares increased after the company reported better-than-expected sales driven by improved restaurant demand [3] Economic Indicators - Major U.S. equities indexes, including the Dow, S&P 500, and Nasdaq, edged lower amid concerns over a potential government shutdown [4]
BTIG Asserts ‘Buy’ Stance on Nomad Foods Ltd (NOMD) Despite Price Target Cut
Yahoo Finance· 2025-09-24 15:42
Core Viewpoint - Nomad Foods Ltd (NYSE:NOMD) is considered a strong investment opportunity in the FMCG sector despite a recent price target reduction by BTIG from $20 to $18 due to challenges in European markets [1][2]. Group 1: Company Performance - BTIG has reiterated a 'Buy' rating on Nomad Foods, indicating confidence in the stock despite lowering sales and earnings estimates due to market-specific dynamics affecting profitability [2]. - The company reported earnings per share of $0.40 for the second quarter, surpassing consensus estimates of $0.38 [3]. Group 2: Market Position - Nomad Foods is recognized as Europe's largest frozen food company, with a diverse portfolio that includes well-known brands such as Birds Eye, Findus, and igloo, offering a variety of frozen food products [4]. Group 3: Future Outlook - The research firm believes that Nomad Foods remains undervalued at current levels, with potential for realistic medium-term cash flow and margin improvements [3]. - The company is evaluating the impact of a reset in advertising and promotion investments expected next year, which may influence future performance [2].
西贝冷冻西兰花引热议,冷冻蔬菜意外从“幕后”走向“台前”?
3 6 Ke· 2025-09-18 01:50
近日,西贝使用冷冻西兰花且保质期为两年一事,引发 热议 。 人们的讨论点不仅在食品安全和营养,还有定价和实际价值及体验是否匹配。消费者也希望获得更多有效的公开信息而不只是商家的广告宣传,来更合理 地决定是否购买。 冷冻西蓝花 图片来源:martha stewart 冷冻蔬菜这一品类也 意外从"幕后" 走向"台前",引起了更多人关注。 报告显示,2025年全球冷冻蔬菜市场规模为570亿美元,预计到2035年将达到1023亿美元,将以6%的复合年增长率增长。[1] 其中, 日本冷冻蔬菜市场的增长速度预计最快, 2025年至2035年的复合增长率预计为6.1% 。其增长动力源于其人口老龄化、对方便食品的高需求以及强 大的零售冷链基础设施。[1] 超市中的冷冻蔬菜货架 图片来源:The Kitchn 随着市场不断发展,对冷冻蔬菜和新鲜蔬菜的讨论也从未停止。冷冻蔬菜到底扮演着一个怎样的角色? 对于C端消费者而言,大多数情况下,冷冻蔬菜可以作为长期储存的"应急食物",或者在只能抽空简单做快手菜时作为均衡饮食的营养补充。同时,在一 些专业人士看来,冷冻蔬果也是在一定条件限制下的可行选择。 美国农业部植物生理学家、国家项目负 ...
中国必需消费行业:8 月观察及 ALC 二季度回顾 —— 政策和大环境拖累下需求疲软;与最强势企业的分化加剧-China Consumer Staples_ Aug Check In & ALC_2Q Wrap_ Weak demand amid policy_weather drag; Wider divergence with strongest
2025-09-15 01:49
Summary of Conference Call on China Consumer Staples Industry Overview - The consumer staples sector in China is experiencing weak demand trends from Q2 to Q3, influenced by policy and weather factors, leading to a wider divergence between market leaders and laggards [1][2] - The spirits sector has seen a valuation increase of 24% in Q3 to date, compared to a 16% increase in the A-share Liquor index and a 13% increase in the MSCI China Index, driven by improved market sentiment and expectations of stimulus policies [1] Key Insights Demand Trends - Overall demand remains weak, particularly in gifting categories as noted by dairy and spirits companies [1] - Beer, spirits, and liquid milk are under pressure, while beverages, snacks, and pet foods show mixed performance with some companies experiencing growth due to strong product cycles and omnichannel strategies [2] Pricing and Market Dynamics - Pricing remains muted across the sector, with spirits and beer companies focusing on sub-premium segments [2] - The August Foods Consumer Price Index (CPI) decreased by 4.3% year-over-year, indicating potential challenges in pricing strategies [1] Company Performance and Strategies - Companies like Haitian and Nongfu are gaining market share, while others like Jonjee are struggling [9] - CR Beer reported growth in premium and sub-premium volumes, while maintaining a disciplined approach to pricing and promotions [47] - The spirits sector is seeing a shift towards mid-end and mass-market products to counteract upper-mid-end softness [43] Future Outlook - The sector is expected to see a gradual recovery in retail demand, particularly in traditional categories like beer and dairy, with potential for value stock rotation in early 2026 [8] - Companies are expected to enhance shareholder returns and maintain dividend payouts, with a focus on operational efficiency and cost management [8] Sector Preferences - Preference remains for beverages due to secular growth, followed by pet foods and dairy, with a positive outlook for beer in the medium term [13] - Stock recommendations include Eastroc, Gambol, and China Pet Foods for strong product cycles, and CR Beer and Tsingtao for their dividend yields and valuations [13] Additional Observations - The competitive landscape is evolving, with top players consolidating market share amid weak demand, leading to a valuation premium for leading brands [9] - The pet food sector is benefiting from a shift towards higher-value segments, with companies focusing on premiumization and operational efficiencies [48] - Snacks are seeing a channel shift towards discounters and mom-pop stores, with a focus on large SKU strategies and product mix upgrades [49] Key Watch Factors - Policy directions post the Fourth Plenum and local catering incentives are critical to monitor, especially their impact on banquet traffic [11] - The performance of mid-end and mass SKUs in spirits and the overall margin discipline across the sector will be crucial as cost pressures moderate [12]
Nomad Foods Limited (NOMD) Presents At Barclays 18th Annual Global Consumer Staples Conference 2025 Transcript
Seeking Alpha· 2025-09-04 00:48
Company Overview - Nomad Foods is a leader in the frozen food category in Europe, with well-known brands such as Birds Eye, iglo, and Findus, as well as regional brands like Ledo and Frikom in Serbia and Croatia, and Goodfella's pizza in the U.K. [2] Financial Performance - The company has achieved consistent growth over the past 9 years, increasing sales, EBITDA, and EPS annually, although it did not achieve this for the 10th consecutive year, which is a point of frustration for the management [3]