McCormick (MKC) shares declined 3.1% in early Tuesday trading following the company's announcement of third-quarter results. The spice and seasoning giant reported non-GAAP earnings per share of $0.85, surpassing analyst expectations by $0.03. Revenue reached $1.72 billion, representing a 2.4% year-over-year increase.

The company reaffirmed its full-year guidance, projecting moderate growth in both net sales and operating profit for the fiscal year.