---
schema_version: "secwatch.filing_event.v1"
accession: "0000063754-23-000003"
form_type: "8-K"
ticker: "MKC"
cik: "0000063754"
company_name: "MCCORMICK & CO INC"
filed_at: "2023-01-26T23:59:59+00:00"
generated_at: "2026-06-20T08:38:50.271473+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# McCormick FY22 adjusted EPS falls 17% to $2.53; guides FY23 1-3% growth to $2.56-$2.61

## Summary
- FY22 sales $6.35B +1% reported (+3% constant currency); adjusted EPS $2.53 vs $3.05 prior.
- Q4 sales down 2% reported, +2% constant currency; adjusted EPS $0.73 vs $0.84 prior.
- FY23 guid: sales +5-7%, adj op inc +9-11%, adj EPS $2.56-$2.61 (1-3% growth); 8% interest headwind.
- Global Operating Effectiveness Program targets $125M annual savings, $75M expected in 2023.
- Consumer segment Q4 sales -8% (Americas +6% consumption); Flavor Solutions Q4 sales +9%.

## SEC filing metadata
- accession: 0000063754-23-000003
- form_type: 8-K
- ticker: MKC
- cik: 0000063754
- company_name: MCCORMICK & CO INC
- filed_at: 2023-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/63754/000006375423000003/0000063754-23-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/63754/000006375423000003/mkc-20230126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000063754-23-000003
- JSON: https://secwatch.observer/filing/0000063754-23-000003.json
- Plain text: https://secwatch.observer/filing/0000063754-23-000003.txt

## Key facts
- Earnings Releases
  MCCORMICK & CO INC reported the fourth quarter and full year for fiscal year 2022, which ended on November 30, 2022 results: EPS Earnings per share was $2.52 as compared to $2.80 in 2021. Adjusted earnings per share was $2.53 as compared to $3.05 in. Guidance initiated.
  - Period: the fourth quarter and full year for fiscal year 2022, which ended on November 30, 2022
  - EPS: Earnings per share was $2.52 as compared to $2.80 in 2021. Adjusted earnings per share was $2.53 as compared to $3.05 in
  - Guidance: initiated
  - Result: reported results
  source text: On January 26, 2023 the Registrant issued a press release and held a conference call with analysts to report on the results of operations for the fourth quarter and full year for fiscal year 2022, which ended on November 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/63754/000006375423000003/0000063754-23-000003-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.