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McCormick reported third-quarter 2026 constant-currency sales growth of 17%, adjusted EPS of $0.86 and gross margin expansion of 180 basis points. Full-year gross margin expansion is expected at the high end of 100 to 120 basis points.
McCormick entered a March 31, 2026 merger agreement with Unilever, under which current Unilever shareholders would own approximately 55.1% of the combined company. Third-quarter 2026 net sales rose 17.4%, while diluted earnings per share fell to $0.36 from $0.84.
McCormick reported third-quarter net sales growth of 17.4% and organic growth of 1.9%; adjusted EPS was $0.86 versus $0.85. It reaffirmed fiscal 2026 outlook and said Unilever Foods integration planning remained on track.
On September 24, 2026, McCormick & Company, Incorporated dismissed Ernst & Young LLP because it is not expected to be independent after the anticipated Unilever PLC transaction. The Audit Committee approved KPMG LLP as independent auditor, effective upon EY’s dismissal.
