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McCormick & Company, Incorporated reports developments in its global flavor business, which manufactures, markets and distributes herbs, spices, seasonings, condiments and flavors for retailers, food manufacturers and foodservice customers. Its portfolio includes brands such as McCormick, French's, Frank's RedHot, OLD BAY, Zatarain's, Cholula, Lawry's, Stubb's and Thai Kitchen, with operations organized around Consumer and Flavor Solutions.
Recurring McCormick news includes quarterly and annual operating results, sales and margin commentary, outlook updates, dividend declarations, analyst and investor presentations, brand investment, innovation, distribution activity, portfolio review and capital-structure matters.
McCormick (NYSE: MKC) appointed Gavin Hattersley and Rick Dierker to its Board of Directors effective February 1, 2026. Hattersley is a retired CEO of Molson Coors with 35+ years of global consumer packaged goods and beverage experience and retired in October 2025. Dierker is current President and CEO of Church & Dwight with the company reporting $6.1 billion in annual revenue and prior finance and operations roles. McCormick also announced the retirement of long-serving directors Tony Vernon and Maritza Montiel, who will not stand for re-election at the April 2026 annual meeting. The moves are part of McCormick's board refreshment to align skills with strategic priorities.
McCormick (NYSE: MKC) completed acquisition of an additional 25% stake in McCormick de Mexico from Grupo Herdez, raising its ownership to 75% on Jan 2, 2026.
The purchase price was $750 million, funded with a combination of cash on hand and commercial paper. McCormick said the move strengthens its leadership in flavor, expands growth opportunities in Mexico and provides a platform for Latin America.
The company expects the transaction to be accretive to net sales, adjusted operating margin, and adjusted EPS in 2026, with minimal impact on Net Debt to Adjusted EBITDA. Fiscal 2026 guidance inclusive of the acquisition will be provided on the Jan 22, 2026 fourth-quarter earnings call.
McCormick & Company (NYSE: MKC) will report its fourth quarter 2025 financial results on Thursday, January 22, 2026 at 8:00 a.m. Eastern Time. The company will host a conference call and live audio webcast featuring Brendan Foley (Chairman, President & CEO), Marcos Gabriel (EVP & CFO) and Faten Freiha (VP Investor Relations).
A live audio webcast and presentation materials will be available at ir.mccormick.com. An archived presentation and an audio replay (U.S.: 877-660-6853; international: 201-612-7415; conference ID 13757665) will be available through February 12, 2026 at midnight ET.
McCormick (NYSE: MKC) announced a quarterly dividend increase from $0.45 to $0.48 per share, payable January 12, 2026, to shareholders of record December 29, 2025.
This marks McCormick's 102nd consecutive year of paying dividends and the 40th consecutive year of raising its quarterly dividend; the company is a member of the S&P 500 Dividend Aristocrats Index.
McCormick (NYSE:MKC) reported third-quarter results for the period ended August 31, 2025 with net sales +3% and organic sales +2% (volume-led). Third-quarter operating income was $289M and adjusted operating income was $294M. Diluted EPS was $0.84 and adjusted EPS was $0.85. Gross profit margin contracted 130 bps year-over-year, pressured by higher commodity costs, tariffs, and capacity costs, partially offset by cost savings from the CCI program.
The company reaffirmed its fiscal 2025 sales growth outlook, updated operating income and EPS guidance to reflect rising commodity costs and incremental tariffs, and expects continued cash generation and shareholder returns.
McCormick (NYSE:MKC) has declared a quarterly dividend of $0.45 per share on its common stocks. The dividend will be payable on October 27, 2025, to shareholders of record as of October 14, 2025. This announcement marks McCormick's impressive milestone of 101 years of consecutive dividend payments, demonstrating the company's long-standing commitment to returning value to shareholders.
McCormick (NYSE:MKC) has announced it will release its third quarter 2025 financial results on Tuesday, October 7, 2025. The company will host a conference call and webcast at 8:00 a.m. Eastern Time.
The presentation will be hosted by Chairman, President & CEO Brendan Foley, Executive Vice President & CFO Marcos Gabriel, and VP of Investor Relations Faten Freiha. Investors can access the live audio webcast and presentation materials on McCormick's investor relations website at ir.mccormick.com. An archived version will be available for those unable to attend live.
McCormick (NYSE: MKC) has announced a significant expansion in Mexico through a $750 million acquisition of an additional 25% stake in McCormick de Mexico from Grupo Herdez, increasing its ownership to 75%. The transaction targets McCormick de Mexico, which generates annual net sales of $810 million and holds market leadership in mayonnaise and other condiments.
The strategic acquisition is expected to be accretive to McCormick's sales growth, operating profit margin, and adjusted earnings per share in the first year. The deal, valued at approximately 12 times 2025 EBITDA, will be financed through a combination of cash and debt, with minimal impact on the company's Net Debt to Adjusted EBITDA ratio. The transaction is anticipated to close in early fiscal 2026.
This expansion strengthens McCormick's position in Mexico's high-growth market and creates a strategic platform for further expansion across Latin America. Following the close, condiments and sauces will increase from 14% to 22% of McCormick's total Net Sales.
McCormick & Company (NYSE: MKC), a global leader in flavor, announced its participation in the upcoming Barclays Global Consumer Staples Conference. The presentation is scheduled for September 3, 2025, at 12:45 PM ET.
The company will be represented by Brendan Foley, Chairman, President & CEO, and Marcos Gabriel, Executive Vice President & CFO. Investors can access a live audio webcast of the session through McCormick's investor relations website at ir.mccormick.com, where a replay will also be available after the event.
Clearwater Analytics (NYSE: CWAN) announced that McCormick & Company (NYSE: MKC) has selected its commercial paper (CP) workflow solution to enhance short-term capital management. The implementation comes as U.S. commercial paper outstanding reached $1.4 trillion in May 2025, marking a 13% year-over-year increase.
The partnership aims to streamline McCormick's short-term capital raising and improve program oversight amid volatile interest rates. Clearwater's platform offers benchmarking tools, real-time monitoring, and integrated reconciliation capabilities to optimize treasury operations and enhance decision-making efficiency.