McCormick Q1: adj EPS $0.60 (vs $0.63), organic sales +2%; reaffirms FY2025 outlook

MCCORMICK & CO INC

2025-Q1 EPS reported $0.60 revenue$1,605,500,000

Q1 adjusted EPS $0.60 vs $0.63 YoY; GAAP EPS $0.60 vs $0.62.
Organic sales +2% driven by 2% volume growth; total sales flat due to -2% currency impact.
Consumer segment adjusted operating income -17% YoY; Flavor Solutions +28% YoY.
FY2025 outlook reaffirmed: net sales growth 0-2% as reported, adj EPS $3.03-$3.08.
CEO cites share gains, volume-led growth in both segments; CCI savings funding investments.

item 2.02 item 9.01

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