McCormick & Company Inc (NYSE:MKC) beat estimates for third-quarter adjusted profit and sales on Thursday, helped by wider margins and the acquisition of McCormick de Mexico. The spice and flavor maker reported adjusted earnings of $0.86 per share, compared with estimates of $0.76.
The spice maker posted fiscal third quarter net income of $97.6 million, or 36 cents a share, compared with $225.5 million, or 84 cents a share, a year earlier.
McCormick beat Wall Street estimates for third-quarter sales on Thursday, as consumers continued to reach for its seasonings and sauces despite tightening budgets and macroeconomic uncertainty, sending its shares up about 5% in premarket trading.
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.
HUNT VALLEY, Md., Sept. 24, 2026 /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE:MKC) declared a quarterly dividend of $0.48 per share on its common stocks, payable October 26, 2026, to shareholders of record October 13, 2026.
Britain's competition regulator on Wednesday said it has launched an investigation into McCormick & Company's planned acquisition of the majority of Unilever's foods business to assess whether the deal could reduce competition in UK markets.
Medtronic, McCormick and T. Rowe Price are among the stocks that have outperformed the S&P 500 over the past three months—and have dividend yields of at least 3%.
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