McCormick lifts 2026 outlook, shares react to Q2 beat
Published on 06/25/2026 at 15:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-25, 13:17.
McCormick (US5797802064) reported second-quarter 2026 sales of $1.94 billion and reaffirmed its full-year outlook on Thursday in New York. Reuters said the company also lifted adjusted operating income to $336 million and kept its 2026 guidance intact.
What Reuters reported
The release covered the quarter ended May 31, 2026. Adjusted earnings came in at $0.80 a share, versus $0.70 expected by analysts, while net sales rose 16.7% year on year.
Gross margin improved to 40.2%, up 270 basis points from a year earlier. Reuters and the company release both pointed to pricing, cost savings and the McCormick de Mexico acquisition as key drivers.
Consensus stays central
Investing.com cited a premarket move of about 3% after the print and noted that McCormick reaffirmed adjusted EPS guidance of $3.05 to $3.13 for fiscal 2026. JP Morgan and UBS were also referenced in market commentary as the stock traded around the mid-$40s on Thursday. Reuters market report
That keeps the consensus debate focused on execution, not on the top line alone. The quarter also added a dividend marker: the company declared $0.48 per share, payable on July 20, 2026.
All news and analysis on the McCormick shares
The June 25 print ties the earnings beat to guidance, dividends and the next analyst read-through.
Spices and flavorings
McCormick sells spices, seasoning mixes and sauces through consumer and flavor-solutions channels. The company also highlights its McCormick de Mexico deal in the 2026 sales outlook, which now includes a double-digit contribution from the acquisition.
NYSE trade after the print
The McCormick shares (US5797802064) trade on 2026-06-25, 13:17 UTC on NYSE at $47.77.
Key data on the McCormick shares
- Company: McCormick & Company, Incorporated
- ISIN: US5797802064
- Ticker: MKC
- Trading venue: NYSE
- Price (as of 2026-06-25, 13:17): $47.77
- Market cap: $12.93 billion
- Sector / industry: Consumer staples - packaged foods
- Index membership: S&P 500
- Next earnings date: not officially scheduled
Disclaimer: This article is for information only and does not constitute investment advice.
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