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McCormick & Company, Incorporated Non-VTG CS 8-K Filings

MKC NYSE

Every 8-K that McCormick & Company, Incorporated Non-VTG CS (MKC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow MKC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MKC filings page.

Rhea-AI Summary

MCCORMICK & CO INC (MKC) reported planned board and audit committee changes. On August 25, 2026, director Anne Bramman, who serves as Chair of the Audit Committee, informed the Board she intends to resign due to her new role as Executive Vice President and Chief Financial Officer of Best Buy Co., Inc.

Bramman will step down as Audit Committee Chair effective September 1, 2026, but will remain a director and committee member until her resignation from the Board becomes effective on November 30, 2026, supporting an orderly transition. Valarie Sheppard, currently a member of the Board and Audit Committee, will become Audit Committee Chair effective September 1, 2026. The company states that Bramman’s resignation is not due to any disagreement regarding operations, policies, or practices.

Rhea-AI Summary

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.

Rhea-AI Summary

McCormick & Company, Incorporated is adding experienced technology executive Cindy Hoots to its Board of Directors, effective June 1, 2026. She will also serve on the Board’s Audit Committee.

Hoots is the recently retired Chief Digital Officer and CIO of AstraZeneca PLC, with prior senior technology roles at Unilever and other global consumer and industrial companies. The company notes there are no family relationships, side arrangements, or related-party transactions involving her. This move is part of McCormick’s ongoing board refreshment process; the Board will have 12 directors, 11 of whom are independent.

Rhea-AI Summary

McCormick & Company, Incorporated entered into a Term Loan Agreement providing the ability to borrow up to $2.0 billion at the closing of its pending combination with Unilever’s foods business. The proceeds are intended to fund part of the cash consideration and related transaction costs.

The term loan facility will mature three years after the merger closing and carries a floating interest rate based on McCormick’s choice of Term SOFR plus a margin of 0.750% to 1.500% or Base Rate plus a margin of 0.000% to 0.500%, depending on credit ratings. McCormick must maintain a Consolidated EBITDA to Interest Expense ratio of at least 3.75:1.00.

From July 29, 2026 until the earlier of commitment termination or closing, McCormick will pay a 0.10% per annum ticking fee on the undrawn commitments. Effective April 28, 2026, the company also terminated $2.0 billion of commitments under a previously arranged $15.7 billion bridge facility, anticipating use of this new term loan instead.

Rhea-AI Summary

McCormick & Company, Incorporated has reassigned senior leadership to support its proposed combination with the foods business of Unilever PLC. Andrew Foust, previously President Americas, has been appointed Chief Integration Officer to lead integration of the transaction while remaining an executive officer.

Patrick Davis has been named Interim President Americas while Foust focuses on integration; the company currently expects Foust to return to his President Americas role after integration is completed. The document also explains that investors will receive detailed information about the proposed transaction through future SEC filings, including a Form S-4 proxy statement/prospectus and a Form 10 information statement for the Unilever Foods spin-off, and clarifies that this communication is not an offer to buy or sell securities.

Rhea-AI Summary

McCormick & Company amended a prior report to fully describe a major transaction with Unilever and file the key definitive agreements. McCormick will combine with Unilever’s foods business via a Reverse Morris Trust, with Unilever Foods first separated into SpinCo and then merged into McCormick subsidiaries.

Unilever will receive cash, intercompany notes and, if needed, a SpinCo note so that total consideration equals $15,700,000,000. After the mergers, Unilever and its shareholders are expected to hold between approximately 55.1% and 65% of McCormick common stock on a fully diluted basis, while existing McCormick shareholders are expected to hold about 35.0%. McCormick obtained a $15.7 billion, 364‑day unsecured bridge facility to finance the deal if permanent financing is not in place at closing.

Rhea-AI Summary

McCormick & Company, Incorporated held its Annual Meeting of Stockholders on April 1, 2026. Stockholders elected eleven directors to the Board, with each nominee receiving several million votes in favor and only modest opposition or abstentions, allowing them to serve until the next annual meeting.

Stockholders also ratified Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending November 30, 2026, with 11,535,004 votes for and limited opposition. In an advisory, non-binding vote, stockholders approved the compensation paid to the company’s Named Executive Officers, with 6,948,728 votes for versus 280,800 against. No other matters were submitted for action.

Rhea-AI Summary

McCormick & Company agreed to combine with Unilever’s global foods business through a multi-step Reverse Morris Trust structure. Unilever will spin off Unilever Foods into SpinCo and distribute SpinCo shares to its shareholders, followed by two mergers that leave SpinCo owned by McCormick.

After the mergers, Unilever shareholders are expected to own about 55.1% of McCormick common stock, McCormick shareholders about 35.0%, and DutchCo about 9.9%, or approximately 65% for Unilever shareholders and 35% for McCormick shareholders if DutchCo distributes all SpinCo shares. McCormick obtained a bridge financing commitment for up to $15.7 billion to help fund cash consideration and transaction costs, and agreed to a termination fee of $420 million plus up to $75 million of expense reimbursement in specified scenarios.

Rhea-AI Summary

McCormick & Company reported a strong start to fiscal 2026, with first quarter net sales rising 16.7% to $1.87 billion, including a 3.1% currency benefit and a 13% contribution from the McCormick de Mexico acquisition. Organic sales grew 1.2%, mainly from pricing.

Gross profit increased to $708.9 million and adjusted gross margin expanded by 100 basis points. Operating income was $227.5 million, while adjusted operating income grew 18.8% to $267.6 million, helped by acquisition accretion, pricing and CCI cost savings.

Diluted earnings per share jumped to $3.77, driven by a large non-cash gain on remeasurement of the prior McCormick de Mexico stake. Adjusted diluted EPS rose to $0.66 from $0.60. The company reaffirmed its 2026 outlook, including net sales growth of 13% to 17% and adjusted EPS of $3.05 to $3.13.

Rhea-AI Summary

McCormick & Company, Incorporated filed an update related to its Investor Services Plan. The company provided a legal opinion from Wilmer Cutler Pickering Hale and Dorr LLP on the validity of its common stock and non-voting common stock offered under the plan, which are registered on an existing Form S-3 shelf. A related prospectus supplement for the plan offering was filed on March 26, 2026, and the filing includes the law firm’s opinion and consent as exhibits.

Rhea-AI Summary

McCormick & Company, Incorporated announced a planned transition in its principal accounting leadership. Gregory P. Repas, Vice President & Controller and the company’s Principal Accounting Officer, plans to retire effective July 1, 2026 and will step down from his roles on April 1, 2026, assisting with the transition until retirement.

Effective April 1, 2026, Julie Giese, age 46, will become Vice President & Controller and Principal Accounting Officer. She joined McCormick in August 2024 after serving as Director of Accounting for Pepco Holdings LLC. In her new role she will receive an annual base salary of $400,000 and continue to participate in the company’s incentive, retirement, and benefits programs.

Rhea-AI Summary

McCormick & Company, Incorporated issued and sold $500 million aggregate principal amount of 4.150% Notes due 2029 under an underwriting agreement with BofA Securities, Truist Securities and Wells Fargo Securities.

The notes are unsecured senior debt under an existing indenture and pay 4.150% interest semi-annually each February 15 and August 15, beginning August 15, 2026. McCormick plans to use the net proceeds to redeem a portion of its outstanding $500 million 0.90% Notes due 2026, including related interest, fees and expenses. The notes may be redeemed before maturity at specified prices and must be repurchased at 101% of principal plus accrued interest if a defined change of control occurs. The indenture also limits certain liens, sale-leaseback transactions and major corporate reorganizations and includes customary events of default.

Rhea-AI Summary

McCormick & Company, Incorporated filed a current report to share that it has released its financial results for the fourth quarter and full fiscal year 2025, which ended on November 30, 2025. The company issued a press release titled “McCormick Reports Strong 2025 Financial Results and Provides 2026 Outlook” and held a conference call with analysts to discuss the results.

The press release furnished with the report includes McCormick’s consolidated income statements for the three- and twelve-month periods, a consolidated balance sheet as of November 30, 2025, and a consolidated cash flow statement for the full year. The company also provided an outlook for 2026, giving investors guidance on its expectations for the upcoming year.

Rhea-AI Summary

McCormick & Company, Incorporated reported planned changes to its Board of Directors. Maritza G. Montiel and W. Anthony Vernon have informed the Board that they intend to retire and will not stand for election at the next annual stockholders’ meeting, currently scheduled for April 1, 2026; both will continue to serve until that meeting.

On January 20, 2026, the Board appointed Richard Dierker, President and Chief Executive Officer of Church & Dwight Co., Inc., and Gavin Hattersley, recently retired President and Chief Executive Officer of Molson Coors Beverage Company, as directors effective February 1, 2026. Dierker will join the Audit Committee, and Hattersley will join the Compensation and Human Capital Committee. The company states that neither has family relationships with its executive officers or directors, there are no selection arrangements, and no related-party transactions involving them. McCormick furnished a press release announcing these appointments as an exhibit.

Rhea-AI Summary

McCormick & Company, Incorporated has completed a major step in its international strategy by acquiring an additional 25% ownership interest in McCormick de Mexico S.A. de C.V. from Grupo Herdez. The joint venture was formed in 1947, and this latest purchase for $750 million gives McCormick a controlling interest in the Mexican business. The company disclosed this transaction through a furnished press release referenced in this report.

Rhea-AI Summary

McCormick & Co., Inc. furnished an 8-K reporting that on October 7, 2025 the company issued a press release and held a conference call to report results for the third quarter of fiscal 2025, which ended August 31, 2025. The press release is attached as Exhibit 99.1 and is titled "McCORMICK REPORTS THIRD QUARTER PERFORMANCE, REAFFIRMS STRONG SALES GROWTH, AND UPDATES 2025 PROFITABILITY OUTLOOK." The filing clarifies the exhibit and Item 2.02 disclosure are being furnished (not "filed") and therefore are not subject to Section 18 liabilities or automatically incorporated by reference into other securities filings. No financial tables, specific revenue or earnings figures, or detailed profitability metrics are included in the furnished text.

Rhea-AI Summary

McCormick & Company disclosed in an Item 7.01 filing that it signed a definitive agreement to acquire an additional 25% ownership interest in McCormick de Mexico S.A. de C.V., a joint venture formed in 1947, from Grupo Herdez for $750 million. The company furnished a press release dated August 21, 2025 titled "McCormick Advances Flavor Leadership in Mexico" as Exhibit 99.1 to this Form 8-K. The filing states the Item 7.01 disclosure and attached press release are furnished and not "filed" for purposes of the Securities Act or incorporated by reference into other filings. No financial statements, pro forma financial information, payment timing, or closing conditions are included in the provided text.

Rhea-AI Summary

McCormick (NYSE:MKC) filed a Form 8-K on June 26, 2025 under Item 2.02 – Results of Operations and Financial Condition. The filing furnishes a press release titled “McCormick Reports Strong Second Quarter Performance and Reaffirms 2025 Outlook,” which covers fiscal Q2 ended May 31, 2025. Exhibit 99.1 contains unaudited consolidated income, balance-sheet and cash-flow statements for the first six months of FY25. Management reaffirmed full-year 2025 guidance and hosted an analyst call the same day. No other material events, impairments or strategic shifts were disclosed. Investors should review Exhibit 99.1 for detailed revenue, margin and cash-flow data supporting the “strong” performance claim.