McCormick reports 17.4% sales growth in Q3 2026, boosts profit margins, and confirms 2026 outlook amid Unilever Foods merger plans.

McCormick & Company posted a 17.4% increase in net sales for Q3 2026, driven by acquisitions and organic growth, with gross profit margins expanding by 190 basis points. Adjusted operating income rose 22% despite a drop in reported operating income due to special charges. The company reaffirmed its fiscal 2026 outlook, expecting continued sales growth and margin expansion supported by productivity programs and the McCormick de Mexico acquisition. McCormick is progressing with its planned merger with Unilever Foods, anticipating significant earnings accretion and cost synergies post-close, targeted for mid-2027.

McCormick & Company shares rose 4.85% to USD 48.65 on Pluang as of Oct 01, 2026, 17:42 WIB. The stock's market cap stands at $12.50 billion, with a dividend yield of 4.14%. Trading volume reached 5,626,113 shares, reflecting active investor interest following the company's positive Q3 report and merger plans.