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Stock impact report

McCORMICK REPORTS STRONG FIRST QUARTER PERFORMANCE AND REAFFIRMS 2026 OUTLOOK

McCormick & Company, Incorporated (MKC) 
Last mccormick & company, incorporated earnings: 3/31 06:30 am Check Earnings Report
Company Research Source: PR Newswire
HUNT VALLEY, Md., March 31, 2026 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today reported financial results for the first quarter ended February 28, 2026 and reaffirmed its outlook for fiscal 2026.Net Sales increased 16.7% in the first quarter and included a 3.1% favorable impact from currency. Organic sales growth was 1.2%. Operating income was $228 million in the first quarter compared to $225 million in the year-ago period. Adjusted operating income was $268 million compared to $225 million in the year-ago period. Earnings per share was $3.77 in the first quarter as compared to $0.60 in the year-ago period. Earnings per share included a non-cash gain related to the McCormick de Mexico acquisition. Adjusted earnings per share was $0.66 as compared to $0.60 in the year-ago period.For fiscal year 2026, McCormick reaffirmed its sales growth, adjusted operating income and adjusted earnings per share outlook. Chairman, President, and CEO's Show less Read more
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