McCormick Q3 earnings per share drop 57% to $0.36; net sales jump 17% to USD 2.02 billion

Bitget2026/10/01 10:31

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McCormick posted third-quarter net sales of $2.02 billion, up 17% from a year earlier.
Operating income fell 25% to $217 million, while gross profit margin widened 1.9 percentage points to 39.3%.
Net income attributable to McCormick dropped 57% to $97.6 million, and diluted EPS slid 57% to $0.36.
Management said special charges, including transaction and integration costs and a non-cash impairment, reduced diluted EPS by $0.50.
McCormick reaffirmed its FY26 outlook for net sales growth, adjusted operating income and adjusted EPS, and kept integration planning for the Unilever Foods deal on track.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. McCormick & Company Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202610010630PR_NEWS_USPR_____PH61039) on October 01, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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McCormick Q3 earnings per share drop 57% to $0.36; net sales jump 17% to USD 2.02 billion

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