FN2 Earnings Intelligence
MKC revenue earnings history
McCormick & Company, Incorporated (MKC) quarterly reported and estimated revenue history by fiscal quarter.
Earnings History
McCormick & Company, Incorporated
The quarter provides evidence for a constructive operating trajectory: acquisition contribution, organic growth and margin expansion supported results, while management maintained its outlook. The counterevidence is concentrated in soft Consumer Americas volumes, a packaging constraint and execution risks tied to integration, inflation and deleveraging.
McCormick & Company, Incorporated
McCormick delivered a solid Q2 beat driven by Flavor Solutions volume growth, the Mexico acquisition contribution, and a tariff refund that lifted gross margins by roughly 270 basis points. The Unilever Foods integration is advancing with a dedicated team of over 200 staff and a secondary European listing targeted by July. Management maintained its 2026 outlook and reiterated the mid-single-digit year-one EPS accretion target from the Unilever Foods combination. The primary watch point is soft consumer spices volume, which management is addressing through innovation, precision marketing, and value pricing.
McCormick & Company, Incorporated
McCormick cleared consensus in Q1 (EPS $0.66 vs $0.594; revenue $1.87B vs $1.79B), yet the stock fell roughly 9% on the session on elevated volume — the market's focus was the newly unveiled Reverse Morris Trust combination with Unilever Foods. The deal is strategically substantial: a global flavor leader with pro-forma 2025 net sales of ~$20B, $600M of targeted annual cost synergies, and margins seen expanding from ~21% to 23-25%. But current McCormick holders receive just 35% of the combined entity, leverage starts near ~4x pro-forma, and the 13.8x EBITDA multiple plus integration complexity drew analyst skepticism. The session's negative reaction reads as caution about deal scale, dilution, and execution risk rather than disappointment with the reported quarter.
McCormick & Company, Incorporated
The evidence is mixed but constructive: resilient volume growth, cost discipline, innovation, distribution expansion, and the Mexico acquisition support the outlook, while tariff, inflation, pricing-elasticity, and execution risks remain material.
McCormick & Company, Incorporated
The quarter supports a mixed view: volume-led organic growth and innovation remain constructive, but tariff and commodity pressures have weakened the near-term profitability outlook.
McCormick & Company, Incorporated
The supplied analysis supports a measured version of the growth thesis: volume-led Consumer performance, innovation and distribution expansion provide support, while tariff exposure, price elasticity, softer Flavor Solutions performance and execution demands are material offsets.
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