McCormick (MKC) reported fiscal Q1 adjusted earnings Tuesday of $0.60 per diluted share, down from $0.63 a year earlier.

Analysts polled by FactSet expected $0.64.

Net sales for the quarter ended Feb. 28 were $1.61 billion, up from $1.60 billion a year earlier.

Analysts surveyed by FactSet expected $1.61 billion.

For fiscal 2025, the company continues to expect adjusted EPS of $3.03 to $3.08 on net sales growth of 0% to 2%. Analysts polled by FactSet expect non-GAAP EPS of $3.07.

McCormick shares were down 6.4% in recent premarket activity.