MKC-V · Mccormick & Co Inc
Price & Indicators
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Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
AI Brief
Q3 FY26 earnings call · Oct 1, 2026TL;DR. McCormick delivered 17% constant-currency Q3 sales growth on McCormick de Mexico accretion and 2% organic growth, expanded adjusted gross margin by 180bps, but reaffirmed FY26 organic sales growth to the lower end of guidance and the midpoint for adjusted operating income/EPS amid higher input/freight inflation and softer U.S. consumer volumes.
- + Q3 net sales grew 17.4% with 2% organic growth and McCormick de Mexico accretion
- + Adjusted gross margin expanded 180bps in Q3
- + FY26 gross margin expansion now expected at the high end of 100-120bps range
- + Unilever Foods integration is progressing on track with regulatory filings submitted
- + Year-to-date operating cash flow up to ~$600M from $420M prior year
- − FY26 organic sales growth guided to between low-end and midpoint, with ~30bps drag from a Q4 packaging supply constraint
- − FY26 cost inflation raised to 6%-7% from prior mid-single-digit expectation
- − Q4 implied year-over-year gross margin compression expected
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders illustrative — not investment adviceIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
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| Adjusted earnings per share – diluted non-GAAP | $2.32 | Nine Months Ended 8/31/2026 | — |
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| Adjusted gross profit non-GAAP | $2.3B | Nine Months Ended 8/31/2026 | — |
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| Adjusted gross profit margin non-GAAP | 39.4% | Nine Months Ended 8/31/2026 | — |
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| Adjusted income tax expense non-GAAP | $192.8M | Nine Months Ended 8/31/2026 | — |
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| Adjusted income tax rate non-GAAP | 23.5% | Nine Months Ended 8/31/2026 | — |
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| Adjusted net income non-GAAP | $624.5M | Nine Months Ended 8/31/2026 | — |
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| Adjusted operating income non-GAAP | $962.5M | Nine Months Ended 8/31/2026 | — |
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| Adjusted operating income margin non-GAAP | 16.5% | Nine Months Ended 8/31/2026 | — |
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| Segment operating income | $119.5M | the three months ended May 31, 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Packaged Foods — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
MKC-V
this stock
Mccormick & Co Inc
|
$12.79B | -29.5% | +1.7% | — | — |
|
JBS
Jbs N.V.
|
$41.77B | -11.9% | — | — | 1.3% |
|
KHC
Kraft Heinz Co
|
$28.26B | -1.7% | -0.1% | — | 7.8% |
|
GIS
General Mills Inc
|
$17.87B | -28.1% | +4.1% | — | 7.7% |
|
SJM
J M SMUCKER Co
|
$13.57B | +32.6% | +3.7% | — | 4.0% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| MKC-V | +5.4% | -5.0% | -5.9% | +0.1% | -29.5% |
| SPY | -1.2% | -0.6% | +8.1% | +0.8% | +12.8% |
| vs SPY | +6.5% | -4.4% | -13.9% | -0.8% | -42.2% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.