On June 25, McCormick rose 5.32% in regular trading, trading at $50.16/share, with turnover of $58.66 million. The surge was driven by the company's fiscal Q2 earnings report, which significantly exceeded Wall Street expectations on both top and bottom lines.

McCormick reported fiscal Q2 adjusted EPS of $0.80, beating the analyst consensus estimate of $0.69 by approximately 16%. Net sales for the quarter ended May 31 reached $1.94 billion, surpassing the $1.91 billion estimate, representing a year-over-year increase from $1.66 billion. The outperformance was attributed to robust demand for spices and seasonings as consumers increased at-home cooking amid economic uncertainty. The company maintained its fiscal 2026 guidance of adjusted EPS of $3.05 to $3.13 and net sales growth of 13% to 17%.

Additionally, McCormick continues to advance its planned combination with Unilever's food business, a deal valued at approximately $65 billion that is expected to close by mid-2027. Activist investor Toms Capital has also built a sizable stake in the company during Q2, signaling institutional confidence in the strategic direction.

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