{"schema_version":"secwatch.filing_event.v1","accession":"0000063754-23-000009","form_type":"8-K","ticker":"MKC","cik":"0000063754","company_name":"MCCORMICK & CO INC","filed_at":"2023-03-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.765037+00:00","generated_at":"2026-06-17T13:57:08.751474+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"McCormick Q1 sales +5% constant currency; adjusted EPS $0.59; reaffirms FY2023 outlook","bullets":["Sales $1.57B, +3% reported; Consumer segment -2%, Flavor Solutions +10%.","GAAP EPS $0.52 (down from $0.57); adjusted EPS $0.59 (down from $0.63).","FY2023 outlook reaffirmed: sales growth 5-7%, adj. EPS $2.56-$2.61 (up 1-3%).","GOE program targeting $75M cost savings in 2023; gross margin improvement underway.","Operating cash flow $103M vs $18M in prior year, driven by lower incentive comp."],"urls":{"canonical":"https://secwatch.observer/filing/0000063754-23-000009","json":"https://secwatch.observer/filing/0000063754-23-000009.json","markdown":"https://secwatch.observer/filing/0000063754-23-000009.md","text":"https://secwatch.observer/filing/0000063754-23-000009.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/63754/000006375423000009/0000063754-23-000009-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/63754/000006375423000009/mkc-20230328.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T13:57:08.751474+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"48d7f346fc130f5a29004dcf70ffe284e0f094f0","claim":"MCCORMICK & CO INC reported first quarter ended February 28, 2023 results: EPS $0.52. Guidance reaffirmed.","evidence_excerpt":"McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, today reported financial results for the first quarter ended February 28, 2023 and reaffirmed its financial outlook for fiscal year 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/63754/000006375423000009/0000063754-23-000009-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended February 28, 2023"},{"label":"EPS","value":"$0.52"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}