McCormick & Company reported fiscal Q3 results with adjusted EPS of $0.86, surpassing estimates of $0.76, and revenue of $2.02 billion, up 17.4% from last year. Growth was driven by the McCormick de Mexico acquisition, pricing actions, and favorable currency effects, though organic volume declined slightly by 0.3%. Gross margin improved to 39.3%, supported by productivity savings despite higher costs. The company reaffirmed its fiscal 2026 outlook, expecting 13-17% net sales growth and adjusted EPS between $3.05 and $3.13, while noting ongoing challenges from softer volumes and cost inflation.
Following McCormick's Q3 earnings beat, the stock is trading lower on Pluang, down 3.71% to USD 44.68 as of Oct 02, 2026 02:31 WIB. Despite the recent price drop, investor interest remains strong with 67% of orders on Pluang being buys. The company offers a dividend yield of 4.14%, and the typical hold time for MKC shares on Pluang is 68 days.
McCormick & Company reported better-than-expected third-quarter adjusted earnings of $0.86 per share and net sales of $2.02 billion, driven by wider margins and the acquisition of McCormick de Mexico. Organic sales grew 1.9%, though volume slightly d...
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 d...
