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Piper Sarah reported acquisition or exercise transactions in this Form 4 filing.
MCCORMICK & CO INC reported that Chief Human Relations Officer Sarah Piper received a grant of 49.813 Phantom Stock units on July 30, 2026 under the company’s Non-Qualified Retirement Savings Plan, at a reference value of $50.96 per unit. Following this award, she indirectly holds 4,801.207 Phantom Stock units through the plan, each representing the right to receive one share of Common Stock - Voting in the future. A separate holding entry shows she directly owns 9,037.94 shares of Common Stock - Voting after the reported transactions.
Foley Brendan M reported acquisition or exercise transactions in this Form 4 filing.
McCormick & Co Inc CEO Brendan M. Foley received a grant of 49.19 shares of Phantom Stock on 2026-07-30 at $50.96 per share, credited to a Non Qualified Retirement Savings Plan. Each phantom share represents the right to receive one share of Common Stock - Voting. After the award, he indirectly holds 14,267.457 phantom shares and directly holds 130,344.016 voting and 1,754 non-voting common shares.
MCCORMICK & CO INC director Michael Aaron Conway reported purchasing 1,100 shares of Common Stock - Non Voting on 2026-07-23 at $50.2067 per share in a transaction coded as a purchase in open market or private transaction. After this trade, he directly holds 1,100 non-voting shares and 18,852 voting common shares. The filing indicates these transactions were not made pursuant to a Rule 10b5-1 trading plan.
Piper Sarah reported acquisition or exercise transactions in this Form 4 filing.
McCormick & Co. Chief Human Relations Officer Sarah Piper received a grant of 47.2270 phantom stock units on July 13, 2026 at $53.7500 per unit under a Non-Qualified Retirement Savings Plan. Each unit represents the right to receive one share of Common Stock - Voting and is payable in stock under the plan’s terms.
Following this award, Piper holds 4751.3940 phantom stock units indirectly through the plan and 9037.9400 shares of Common Stock - Voting directly.
Foley Brendan M reported acquisition or exercise transactions in this Form 4 filing.
MCCORMICK & CO INC Chairman, President & CEO Brendan M. Foley reported updated equity holdings. On 2026-07-13, he received a grant of 46.6370 units of Phantom Stock at $53.7500 per unit under a Non Qualified Retirement Savings Plan, each unit representing the right to receive one share of Common Stock - Voting. Following this award, he holds 14218.2670 phantom stock units indirectly through the plan, plus 130344.0160 shares of Common Stock - Voting and 1754.0000 shares of Common Stock - Non Voting directly.
Piper Sarah reported acquisition or exercise transactions in this Form 4 filing.
MCCORMICK & CO INC Chief Human Relations Officer Sarah Piper reported updated equity holdings. She received a grant of 48.7600 shares of Phantom Stock$52.0600 per unit4704.1670 phantom stock units indirectly9037.9400 shares of Common Stock - Voting directly
Foley Brendan M reported acquisition or exercise transactions in this Form 4 filing.
McCormick & Co. Chairman, President & CEO Brendan M. Foley reported a compensation-related award of 48.15 phantom stock units on Common Stock - Voting at a reference price of $52.06 per share. These units, held in a Non-Qualified Retirement Savings Plan, brought his phantom stock balance to 14,171.63 units. As of the same date, he also directly held 1,754 shares of Common Stock - Non Voting and 130,344.016 shares of Common Stock - Voting, reflecting prior increases from dividend reinvestment and employee stock purchase participation rather than open-market trades.
McCormick & Company, Incorporated delivered strong top-line growth in Q2 2026 while executing major strategic moves. Net sales rose 16.7% to $1,936.6 million, helped by the McCormick de Mexico acquisition, higher pricing, and favorable currency, with organic growth modest but positive.
Gross margin expanded 270 basis points to 40.2%, driven by the Mexico acquisition, pricing, an IEEPA tariff refund, and cost savings from the CCI program, partially offset by higher commodity and Middle East–related freight costs. Adjusted operating income reached $336.4 million, up 30.1%.
GAAP diluted EPS fell to $0.56 from $0.65 as special charges related to M&A and restructuring increased to $60.0 million, while adjusted diluted EPS improved to $0.80. McCormick closed a $750.0 million step-up to a 75% stake in McCormick de Mexico, recording an $866.8 million remeasurement gain.
The company also agreed to merge with Unilever’s Foods business in a Reverse Morris Trust. Unilever shareholders are expected to own about 55.1% of the combined company, with Unilever receiving a one-time $15.7 billion cash payment funded by a $15.7 billion bridge facility and a $2.0 billion term loan. Management projects 2026 net sales growth of 13%–17% and adjusted EPS of $3.05–$3.13.
McCormick & Company reported strong second quarter 2026 results and reaffirmed its full-year outlook. Net sales rose to $1.94 billion, up 17% year over year, including a 3% currency tailwind and a 12% contribution from the McCormick de Mexico acquisition. Organic sales increased 2%, driven mainly by pricing.
Adjusted operating income grew to $336.4 million, up 30.1%, and adjusted diluted EPS increased to $0.80 from $0.69. GAAP diluted EPS was $0.56, down from $0.65, reflecting special charges such as transaction and integration costs. Gross margin expanded 270 basis points to 40.2%, helped by McCormick de Mexico, an $28 million IEEPA tariff refund, pricing, and cost savings from the CCI program.
For fiscal 2026, the company continues to expect net sales growth of 13%–17%, adjusted operating income growth of 16%–20%, and adjusted EPS of $3.05–$3.13, with organic sales up 1%–3%. McCormick also highlighted the pending combination with Unilever Foods, targeting about $20 billion in combined 2025 revenue and meaningful cost and earnings synergies.
MCCORMICK & CO INC Chief Human Relations Officer Sarah Piper reported a routine compensation-related award and her current holdings. She received an award of 53.793 shares of Phantom Stock at $47.1900 per share under the company’s Non Qualified Retirement Savings Plan. Each phantom share represents the right to receive one share of Common Stock - Voting, payable in stock according to the plan’s terms. After this award, she holds 4,655.407 Phantom Stock shares indirectly through the plan and 9,037.9400 Common Stock - Voting shares directly. The filing does not show any open-market buying or selling, only this grant/award acquisition.