McCormick shares jump 5% after Q2 earnings beat estimates and full-year outlook reaffirmed

McCormick & Company reported fiscal Q2 2026 earnings of $0.80 per share, beating analyst estimates of $0.70, with revenue of $1.94 billion surpassing expectations. Net sales grew 16.7% year-over-year, boosted by currency effects and the McCormick de Mexico acquisition. The company saw a 30.1% rise in adjusted operating income and expanded gross profit margin to 40.2%. McCormick reaffirmed its full-year guidance, projecting net sales growth of 13% to 17% and adjusted EPS of $3.05 to $3.13, while planning a strategic combination with Unilever Foods.