McCormick Fiscal Q3 Adjusted Earnings, Sales Rise; Shares Up Pre-Bell
MT Newswires Live
Yesterday
McCormick (MKC) reported fiscal Q3 adjusted earnings Thursday of $0.86 per diluted share, up from $0.85 a year earlier.
Analysts polled by FactSet expected $0.76.
Net sales for the quarter ended Aug. 31 were $2.02 billion, up from $1.72 billion a year earlier.
Analysts expected $1.98 billion.
For fiscal 2026, the company continues to expect adjusted EPS of $3.05 to $3.13 on net sales growth of 13% to 17%. Analysts are looking for non-GAAP EPS of $3.09.
McCormick shares were up 5.7% in premarket activity.
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