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McCORMICK REPORTS SOLID THIRD QUARTER PERFORMANCE AND REAFFIRMS 2026 OUTLOOK

PR Newswire•01/10/2026•06:30 ET
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Key Highlights

  • ➤Net sales increased 17.4% for McCormick (MKC), including 1.9% organic growth.
  • ➤Adjusted operating income reached $358.5 million, up 22.1% versus year-ago.
  • ➤Adjusted earnings per share rose to $0.86 from $0.85 year-ago.
  • ➤McCormick (MKC) reaffirmed fiscal 2026 net sales, operating income, and EPS outlook.
  • ➤Unilever Foods integration planning remains on track ahead of expected mid-2027 closing.

Expert Statements

Brendan M. Foley, Chairman, President, and CEO of McCormick & Company, Incorporated

“Third quarter results demonstrate the resilience and differentiated performance of our flavor-focused business model in a dynamic operating environment. We delivered strong sales growth, including organic growth across our global flavor portfolio, while expanding our profit margins. Disciplined productivity initiatives helped offset rising input and freight costs, supporting margin expansion and enabling continued investment in our brands to drive long-term profitable growth. Overall, performance reflected solid base business contribution and accretion from the McCormick de Mexico acquisition, where we have substantially completed its integration.”

Brendan M. Foley, Chairman, President, and CEO of McCormick & Company, Incorporated

“Looking ahead, our enhanced margin profile and operational discipline position us to continue investing in our brands, capabilities, and innovation to support organic sales growth and drive long-term shareholder value creation. Our advantaged categories combined with our strong year-to-date performance, including solid organic growth, margin expansion, and robust cash flow, give us confidence in our ability to deliver on our 2026 outlook.”

Brendan M. Foley, Chairman, President, and CEO of McCormick & Company, Incorporated

“We remain confident in the strategic benefits of the proposed combination with Unilever Foods and have made substantial progress on integration planning. We have established the future leadership team and operating model, mobilized cross-functional resources, and developed detailed plans to support business continuity and planned synergy delivery post-close.”

Brendan M. Foley, Chairman, President, and CEO of McCormick & Company, Incorporated

“Finally, I want to recognize the engagement of our employees. Their focus, collaboration, and commitment to serving consumers and customers continue to support our differentiated performance. I also want to acknowledge the teams executing our standalone priorities, as well as those serving on the Integration Team, who are advancing the planning needed to prepare for the proposed Unilever Foods combination. I am grateful for their contributions, which continue to strengthen and sustain our Power of People culture.”

McCORMICK REPORTS SOLID THIRD QUARTER PERFORMANCE AND REAFFIRMS 2026 OUTLOOK PR Newswire

HUNT VALLEY, Md., Oct. 1, 2026 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, today reported financial results for the third quarter ended August 31, 2026 and reaffirmed its outlook for fiscal 2026.

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