Your Favorite Spices May Get a Bit More Expensive Soon. Here's the Reason Why [Yahoo! Finance]
McCormick & Company, Incorporated (MKC)
Last mccormick & company, incorporated earnings: 3/31 06:30 am
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Source: Yahoo! Finance
Company leaders say they're charging more because of tariffs and higher ingredient costs. Spicing up your leftovers may not save quite as much dough as it used to. Herb and seasoning giant McCormick & Co. ( MKC ) is raising prices on the consumer goods segment of its business, executives said on a conference call Thursday. The move comes just months after McCormick increased prices to help cover some of the cost of tariffs, CEO Brendan Foley said. “We have some pricing that we put in place, targeted and surgical, in 2025,” Foley said, according to a transcript made available by AlphaSense. “But we also have additional pricing to come on, beginning in February.” The Maryland-based company expects price increases to drive a greater share of growth in 2026 than it did in 2025, CFO Marcos Gabriel said on Thursday's call. McCormick hasn't fully passed along the cost of tariffs, he said. McCormick declined to comment when asked which products will cost more, and by how much. Cons
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News
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- McCormick tackles $50M tariff hit through pricing, other measures [Yahoo! Finance]Yahoo! Finance
- McCormick & Company, Incorporated (NYSE:MKC) was upgraded by analysts at Hsbc Global Res to a "hold" rating.MarketBeat
- McCormick & Company to Present at Consumer Analyst Group of New York Conference [Yahoo! Finance]Yahoo! Finance
MKC
Earnings
- 1/22/26 - Miss
MKC
Sec Filings
- 2/5/26 - Form 8-K
- 2/5/26 - Form 4
- 2/4/26 - Form 424B2
- MKC's page on the SEC website