Mccormick

Q2 FY2026 EarningsQ2 FY26 net sales rose 16.7% YoY to $1.94B, driven primarily by a 12.3% contribution from the McCormick de Mexico acquisition and 1.7% organic growth. Adjusted operating income grew 30.1% YoY to $336.4M, with adjusted operating margin expanding 180bps to 17.4% due to CCI cost savings and pricing. Adjusted EPS reached $0.80 (+15.9% YoY), though GAAP EPS fell 13.8% to $0.56 due to $0.24 in special charges from integration and transaction costs. The company reaffirmed its FY26 outlook, projecting 13-17% sales growth and $3.05-$3.13 adjusted EPS.