secwatch.observer — SEC 8-K summary
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Issuer:     MCCORMICK & CO INC (MKC)
CIK:        0000063754
Form:       8-K
Filed at:   2025-10-07T23:59:59+00:00
Accession:  0000063754-25-000063
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

McCormick Q3 adjusted EPS $0.85 (+2.4% YoY); cuts FY2025 profit outlook on tariffs, commodity costs
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- Net sales +3% to $1.725B; organic +2% volume-led; Consumer segment net sales +4% to $973M.
- Adjusted EPS $0.85 vs $0.83 YoY; GAAP EPS $0.84.
- Gross margin contracted 130 bps to 37.4% due to higher commodity costs and tariffs.
- FY2025 adjusted EPS guidance lowered to $3.00-$3.05 from $3.03-$3.08; adj. op. income growth now 2-4% (was 3-5%).
- Expects $20M in special charges; tax rate ~22% vs 20.5% in 2024; high-single-digit decline in unconsolidated ops income.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/63754/000006375425000063/0000063754-25-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/63754/000006375425000063/mkc-20251007.htm
  HTML page:      https://secwatch.observer/filing/0000063754-25-000063

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