Unilever has agreed to protect employment terms of workers in its European and British food business for two years after the planned 2027 completion of its $65 billion merger of the unit with U.S. spice maker McCormick , according to a memo seen by Reuters.
The maker of spices and seasonings said the London listing would come in addition to its current listing on the New York Stock Exchange.
Combined Company to be Organized into Four Commercial Divisions Grounded in Flavor Leadership: Americas Consumer, International Consumer, Global Food Service, and Global Flavor Combined Executive Team to Bring Together Top Global Talent from Both Businesses Combined Company to Reflect Global Presence with Secondary Listing on London Stock Exchange and International Headquarters in the Netherlan...
McCormick & Company Inc (NYSE:MKC) shares climbed more than 5% after the spice and seasoning maker reported fiscal second quarter 2026 results that exceeded Wall Street expectations and reaffirmed its full-year guidance. The company posted adjusted earnings of $0.80 per share for the quarter ended May 31, ahead of analyst estimates of $0.70 per share.
The maker of spices and seasonings reported higher sales in its fiscal second quarter, as it continues work to combine with Unilever's food business.
Cholula hot sauce maker McCormick beat Wall Street estimates for second-quarter sales and profit on Thursday, driven by strong demand for its spices and seasonings as consumers cook more at home amid economic uncertainty.
HUNT VALLEY, Md., June 25, 2026 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, today reported financial results for the second quarter ended May 31, 2026 and reaffirmed its outlook for fiscal 2026.