earnings
confidence high
sentiment positive
materiality 0.70
McCormick Q2: adj EPS $0.69 flat YoY, volume-led sales growth, reaffirms FY2025 outlook
MCCORMICK & CO INC
2025-Q2 EPS
reported $1.25
vs consensus $0.66
▲ beat
(+88.3%)
- Net sales +1% to $1.66B, organic +2% driven by volume; Consumer segment +3%, Flavor Solutions flat.
- Adj operating income $259M (+10% YoY); adj EPS $0.69 flat as higher op income offset by higher tax rate.
- Reaffirms FY2025 outlook: net sales growth 0-2%, adj EPS $3.03-$3.08, plans to mitigate current tariffs.
- Tariffs: 10% on all US imports, incremental 30% on China imports; most Canada/Mexico imports USMCA compliant.
- CCI cost savings and revenue growth management to offset tariff costs; $20M special charges expected for FY2025.
item 2.02item 9.01