McCormick Q1: adj. EPS $0.66 (+10%); net sales +16.7% on Mexico acquisition; FY outlook reaffirmed

MCCORMICK & CO INC

2026-Q1 EPS reported $3.77 revenue$1,873,900,000

Net sales +16.7% to $1.87B; organic sales +1.2%; McCormick de Mexico acquisition contributed 12.4%.
Adj. EPS $0.66 vs $0.60 (+10%); reported EPS $3.77 includes non-cash $3.22 gain from Mexico acquisition.
Adj. operating income $268M (+18.8%); margin expanded 30bps to 14.3%.
FY2026 outlook reaffirmed: net sales growth 13-17% reported, adj. EPS $3.05-$3.13, adj. op income growth 16-20%.
Consumer segment sales +24.5% (acquisition-driven); Flavor Solutions +6.2%.

item 2.02 item 9.01

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

MCCORMICK & CO INC updated its first quarter ended February 28, 2026 guidance (reaffirmed).

Period: first quarter ended February 28, 2026
Guidance: reaffirmed
Result: reported results

Exact text from the filing

On March 31, 2026 the Registrant issued a press release and held a conference call with analysts to report on the results of operations for the first quarter for fiscal year 2026, which ended on February 28, 2026. Furnished with this Form 8-K as Exhibit 99.1 is a copy of the press release labeled " McCormick Reports Strong First Quarter Performance and Reaffirms 2026 Outlook," which includes an unaudited Cons olidated Income Statement for the three months ended February 28, 2026, an unaudited Consolidated Balance Sheet of the Registrant as of February 28, 2026, and an unaudited Consolidated Cash Flow Statement for the three months ended February 28, 2026.

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accession 0000063754-26-000189

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