McCormick & Co MD

Q3 FY2026 EarningsQ3 FY26 results beat consensus on both top and bottom lines: revenue of $2,024.8M vs. $1,978.6M expected, and adjusted EPS of $0.86 slightly exceeding the $0.85 consensus. The top-line growth (+17.4% YoY) was primarily fueled by the McCormick de Mexico acquisition (14.6% contribution) and strong pricing, while organic volume fell 0.3%. Despite significant special charges of $0.50 per share related to transaction costs and impairments, McCormick reaffirmed its full-year 2026 outlook, signaling confidence in AI-driven productivity and the pending Unilever Foods merger.