McCormick Q3 earnings per share drop 57% to $0.36; net sales jump 17% to USD 2.02 billion
- McCormick posted third-quarter net sales of $2.02 billion, up 17% from a year earlier.
- Operating income fell 25% to $217 million, while gross profit margin widened 1.9 percentage points to 39.3%.
- Net income attributable to McCormick dropped 57% to $97.6 million, and diluted EPS slid 57% to $0.36.
- Management said special charges, including transaction and integration costs and a non-cash impairment, reduced diluted EPS by $0.50.
- McCormick reaffirmed its FY26 outlook for net sales growth, adjusted operating income and adjusted EPS, and kept integration planning for the Unilever Foods deal on track.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. McCormick & Company Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202610010630PR_NEWS_USPR_____PH61039) on October 01, 2026, and is solely responsible for the information contained therein.