secwatch.observer — SEC 8-K summary
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Issuer:     MCCORMICK & CO INC (MKC)
CIK:        0000063754
Form:       8-K
Filed at:   2026-10-01T11:31:11+00:00
Accession:  0000063754-26-000326
Event type: earnings
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

McCormick Q3 net sales rise 17.4%, adjusted EPS $0.86; FY2026 outlook reaffirmed
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- Consumer net sales rose 25% to $1,215M and Flavor Solutions rose 8% to $809M; total organic sales grew 1.9%, with price +2.2% and volume/mix -0.3%.
- Adjusted operating income rose 22% to $358.5M and adjusted EPS was $0.86 vs $0.85; GAAP operating income fell to $217M and diluted EPS was $0.36 vs $0.84.
- Q3 gross margin expanded 190 bps reported and 180 bps adjusted, aided by McCormick de Mexico and CCI savings, partly offset by higher commodity and freight costs.
- FY2026 outlook reaffirmed: net sales growth 13%-17% reported, adjusted EPS $3.05-$3.13, organic sales growth 1%-3%, and adjusted operating income growth 16%-20%.
- Unilever Foods combination on track to close by mid-2027; expected ~$600M run-rate cost synergies and mid- to high-single-digit adjusted EPS accretion in first 12 months post-close.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/63754/000006375426000326/0000063754-26-000326-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/63754/000006375426000326/mkc-20261001.htm
  HTML page:      https://secwatch.observer/filing/0000063754-26-000326

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