McCormick, US5797802064

McCormick reports Q3 growth while McCormick stock trades at EUR 39.85

Published on 10/05/2026 at 10:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 adjusted EPS was USD 0.86, up 1.18 percent year over year. McCormick stock costs EUR 39.85 on October 5, 2026 after EUR 39.71.

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McCormick (ISIN US5797802064) was trading at EUR 39.85 at Lang & Schwarz on October 5, 2026 at 10:33 a.m. CEST, while third-quarter net sales rose 17.40 percent. According to McCormick on October 1, 2026, the company also reaffirmed its fiscal 2026 outlook.

Sales growth meets higher pricing

McCormick reported USD 2.02 billion in net sales for the third quarter ended August 31, 2026, up 17.40 percent from the year-ago quarter. Organic sales growth was 1.90 percent, with pricing contributing 2.20 percent while volume and mix declined 0.30 percent.

The Consumer segment generated USD 1.22 billion in third-quarter sales, up 24.90 percent year over year, while Flavor Solutions reached USD 809.00 million, up 7.70 percent. The acquisition of McCormick de Mexico accounted for 14.00 percent of total sales growth, making the deal contribution a central part of the headline increase.

Margin expansion faces cost pressure

Gross profit margin expanded to 39.30 percent in the third quarter, 190 basis points above the year-ago period. Adjusted operating income increased 22.10 percent to USD 358.50 million, but reported operating income fell 24.80 percent to USD 217.00 million after special charges.

Adjusted earnings per share was USD 0.86, compared with USD 0.85 a year earlier, while GAAP diluted earnings per share fell to USD 0.36 from USD 0.84. Yahoo Finance reported on October 1, 2026 that analysts had expected USD 1.98 billion in revenue, leaving McCormick above that comparison.

The risk is moving from demand to costs. Investing.com reported on October 1, 2026 that management raised its full-year cost inflation outlook to 6.00 percent to 7.00 percent from a prior mid-single-digit view. McCormick still expects gross margin expansion of 100 to 120 basis points in fiscal 2026.

Fiscal outlook stays intact

McCormick reaffirmed fiscal 2026 net sales growth of 13.00 percent to 17.00 percent, adjusted operating income growth of 16.00 percent to 20.00 percent and adjusted earnings per share of USD 3.05 to USD 3.13. The outlook balances acquisition-led growth against higher commodity, freight and technology costs.

The company also said integration planning for the proposed Unilever Foods combination remains on track, with closing expected by mid-2027 subject to customary conditions and regulatory approvals. That timetable is longer than the current earnings horizon, so the third-quarter margin and cost figures remain the more immediate measures for the stock.

Stock price and market value

McCormick's market capitalization was USD 12.0 billion as of October 2, 2026. Its NYSE 52-week range was USD 43.25 to USD 72.41 on the same date, placing the market value well above the lower end of that range while the euro quotation remained separate from the US dollar reference.

At Lang & Schwarz, McCormick was trading at EUR 39.85 on October 5, 2026 at 10:33 a.m. CEST, up 0.35 percent versus the EUR 39.71 prior close. The further course of trading is shown by the continuously updated real-time quote of McCormick stock.