---
schema_version: "secwatch.filing_event.v1"
accession: "0000063754-23-000029"
form_type: "8-K"
ticker: "MKC"
cik: "0000063754"
company_name: "MCCORMICK & CO INC"
filed_at: "2023-06-29T23:59:59+00:00"
generated_at: "2026-06-13T15:09:51.364858+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# McCormick Q2 adj EPS $0.60 (+25% YoY); raises FY2023 profit outlook

## Summary
- Sales +8% ($912M Consumer, $747M Flavor Solutions); constant currency +10%.
- Adjusted operating income $235M (+35%); gross margin expanded 310 bps.
- FY2023 adjusted EPS outlook raised to $2.60-$2.65 from $2.56-$2.61; adj OP income growth now 10-12% (from 9-11%).
- Consumer segment sales +5% (+7% CC); Flavor Solutions +12% (+13% CC).
- Operating cash flow $394M YTD vs $154M prior year; strong profit and working capital improvements.

## SEC filing metadata
- accession: 0000063754-23-000029
- form_type: 8-K
- ticker: MKC
- cik: 0000063754
- company_name: MCCORMICK & CO INC
- filed_at: 2023-06-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/63754/000006375423000029/0000063754-23-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/63754/000006375423000029/mkc-20230629.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000063754-23-000029
- JSON: https://secwatch.observer/filing/0000063754-23-000029.json
- Plain text: https://secwatch.observer/filing/0000063754-23-000029.txt

## Key facts
- Earnings Releases
  MCCORMICK & CO INC reported the second quarter ended May 31, 2023 results: EPS $0.56. Guidance raised.
  - Period: the second quarter ended May 31, 2023
  - EPS: $0.56
  - Guidance: raised
  - Result: reported results
  source text: On June 29, 2023 the Registrant issued a press release and held a conference call with analysts to report on the results of operations for the second quarter for fiscal year 2023, which ended May 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/63754/000006375423000029/0000063754-23-000029-index.htm

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