The quarter delivered adjusted earnings of $0.80 per share, surpassing analyst expectations of $0.69 per share. This compares to earnings of $0.69 per share reported during the same quarter last year.
McCormick & Co generated quarterly revenue of $1.94 billion, exceeding analyst estimates of $1.91 billion. This is an increase from the $1.66 billion reported in the same period last year.
For the second quarter, gross profit margin was 40.2 percent, and operating income margin was 14.3 percent. Operating income reached $276.4 million, up from $246 million in the year-ago period.
The firm guided earnings forecast for fiscal year 2026 in the range of $3.05 to $3.13 per share, compared with analyst expectations of $3.09 per share. Revenue forecast was set between $7.73 billion and $8.00 billion, versus consensus estimates of $7.88 billion.
Brendan M. Foley, Chairman, President, and CEO, stated, “Second quarter results demonstrate the continued strength and resilience of our business in a dynamic operating environment.”
