McCormick Q2 FY26 EPS drops 13.8% to $0.56; net sales rise 16.7% to $1.94 billion

McCormick & Company, Incorporated

McCormick & Company, Incorporated

MKC

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  • McCormick Q2 ended May 31: net income attributable to shareholders fell 14.2% to USD 150.1 million; diluted EPS dropped 13.8% to USD 0.56.
  • Net sales climbed 16.7% to USD 1.94 billion; organic sales grew 1.7%.
  • Operating income rose 12.4% to USD 276.4 million; gross margin widened 2.7 percentage points to 40.2%.
  • Reaffirmed fiscal 2026 outlook, guiding net sales growth of 13% to 17% and adjusted EPS of USD 3.05 to USD 3.13.
  • Advanced integration planning for the proposed Unilever Foods combination, targeting mid- to high-single-digit adjusted EPS accretion within 12 months post-close.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. McCormick & Company Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202606250630PR_NEWS_USPR_____PH91655) on June 25, 2026, and is solely responsible for the information contained therein.

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