Highest-materiality recent filing
McCormick Q2 net sales +17%, adj EPS $0.80 (+16%); reaffirms FY26; Unilever deal on track
Net sales $1.94B, +17% reported, +2% organic; Consumer segment $1.14B, Flavor Solutions $794M.
McCormick appoints Cindy Hoots to Board of Directors effective June 1, 2026
Cindy Hoots, former Chief Digital Officer & CIO of AstraZeneca, joins the board.
McCormick secures $2B term loan for Unilever foods acquisition; 3-year maturity, floating rate
Borrows up to $2.0B under term loan facility; Citibank, Goldman Sachs, Morgan Stanley as arrangers.
Andrew Foust transitions from President Americas to Chief Integration Officer for McCormick's combination with Unilever PLC's foods business.
McCormick agrees to acquire Unilever Foods; Unilever shareholders to own ~55% of combined company
Transaction structured as Reverse Morris Trust: Unilever spins off Foods business into SpinCo, then merges into McCormick.
McCormick stockholders elect 11 directors, ratify EY, approve say-on-pay at 2026 annual meeting
All 11 director nominees elected with votes ranging from 6.7M to 7.1M; broker non-votes of ~4.3M each.
Unilever will spin off foods business into SpinCo, then merge into McCormick; existing MKC shareholders retain ~35%.
McCormick Q1: adj. EPS $0.66 (+10%); net sales +16.7% on Mexico acquisition; FY outlook reaffirmed
Net sales +16.7% to $1.87B; organic sales +1.2%; McCormick de Mexico acquisition contributed 12.4%.
McCormick files legal opinion for shares under Investor Services Plan
Filed WilmerHale opinion on validity of common stock and non-voting shares offered under the Investor Services Plan.
McCormick names Julie Giese VP & Controller, succeeding retiring Gregory Repas
Gregory Repas retires as VP & Controller effective July 1, 2026; steps down as PAO on April 1, 2026.
McCormick issues $500M of 4.150% Notes due 2029 to refinance near-term maturity
Issued $500M aggregate principal of 4.150% Notes due February 15, 2029; closed on Feb 5, 2026.
McCormick reports FY2025 adj. EPS $3.00, raises dividend 7%, guides FY2026 EPS $3.05-$3.13
Q4 adj. EPS $0.86 vs $0.80 YoY; FY2025 adj. EPS $3.00 vs $2.95; reported EPS $2.93.
McCormick adds retired Molson Coors CEO, Church & Dwight CEO to board; two directors retiring
Gavin Hattersley (ex-Molson Coors CEO) and Rick Dierker (CEO, Church & Dwight) join board effective Feb 1, 2026.
McCormick completes $750M acquisition of controlling 75% stake in McCormick de Mexico
Increased ownership from 50% to 75% by acquiring 25% from Grupo Herdez for $750 million.
McCormick Q3 adjusted EPS $0.85 (+2.4% YoY); cuts FY2025 profit outlook on tariffs, commodity costs
Net sales +3% to $1.725B; organic +2% volume-led; Consumer segment net sales +4% to $973M.
McCormick to acquire 25% stake in McCormick de Mexico for $750M, raising ownership to 75%
Acquires additional 25% interest in McCormick de Mexico from Grupo Herdez for $750M, increasing ownership to 75%.
McCormick Q2: adj EPS $0.69 flat YoY, volume-led sales growth, reaffirms FY2025 outlook
Net sales +1% to $1.66B, organic +2% driven by volume; Consumer segment +3%, Flavor Solutions flat.
McCormick corrects 2025 annual meeting vote tallies; all directors elected
All 11 directors elected: For votes 7.84M–8.17M per nominee; highest oppose 420K (M. Preston).
McCormick stockholders elect 11 directors, ratify auditor, approve say-on-pay
All 11 director nominees elected; highest votes against were 420,433 for Margaret M.V. Preston.
McCormick Q1: adj EPS $0.60 (vs $0.63), organic sales +2%; reaffirms FY2025 outlook
Q1 adjusted EPS $0.60 vs $0.63 YoY; GAAP EPS $0.60 vs $0.62.
Director Patricia Little to retire from McCormick board, not stand for re-election
Patricia Little informed the Nominating and Corporate Governance Committee on Jan 27, 2025 that she will not stand for election at the March 26, 2025 annual meeting.
McCormick Q4 EPS $0.80, FY $2.92; adj. EPS $0.80/$2.95; 2025 adj. EPS $3.03-$3.08
Q4 sales +3% to $1.80B, driven by volume; Consumer segment +4%, Flavor Solutions +1%.
McCormick's Executive Chairman Kurzius to retire Dec 31; CEO Foley to become Chairman Jan 1, 2025
Lawrence Kurzius retires as employee and Executive Chairman Dec 31, 2024; remains non-executive director until 2025 annual meeting.
McCormick issues $500M 4.700% Notes due 2034, proceeds to repay commercial paper
Offering of $500M aggregate principal amount of 4.700% Notes due October 15, 2034.
McCormick Q3 EPS $0.83 beats $0.65 prior; reaffirms 2024 outlook, sees volume growth
Sales flat YoY at ~$1.68B; volume growth 1% offset by price; gross margin +170 bps.
McCormick Q2 adjusted EPS $0.69 vs $0.60 YoY; reaffirms FY2024 outlook
EPS $0.68 ($0.69 adjusted) vs $0.56 ($0.60 adjusted) YoY; operating income $234M.
McCormick appoints Marcos Gabriel as EVP & CFO, succeeding retiring Mike Smith effective Dec 1, 2024
Marcos Gabriel promoted to Executive VP & CFO, effective December 1, 2024.
McCormick appoints Valarie Sheppard, retired P&G executive, to board effective June 1, 2024
Valarie Sheppard retired as EVP, Controller and Treasurer of P&G, bringing over 35 years of finance/accounting experience.
McCormick shareholders elect 12 directors, ratify auditor, approve say-on-pay
All 12 director nominees elected; for votes ranged from ~9.5M to ~9.9M, against minimal.
McCormick Q1 EPS $0.63 adjusted (+7% YoY); sales +3%; reaffirms FY2024 outlook
Sales $1.60B (+3% YoY); adjusted operating income $238M (+5%).
McCormick Q4 adj EPS $0.85 vs $0.73; 2024 adj EPS guided $2.80-2.85
Q4 sales +3% (CC +2%) to $1.75B; GAAP EPS $0.81 vs $0.69; adjusted EPS $0.85 vs $0.73.
McCormick appoints Terry Thomas to board of directors effective Jan 23, 2024
Terry Thomas, Chief Growth Officer of Flowers Foods, joined McCormick's board and Audit Committee.
Director Freeman Hrabowski to retire from McCormick board at March 2024 annual meeting
Dr. Freeman A. Hrabowski, III informed board he will not stand for re-election at March 27, 2024 annual meeting.
McCormick Q3 rev $1.68B (+6%), adj. EPS $0.65 (vs $0.69); FY adj. EPS guide raised to $2.62-2.67
Net sales $1.685B (+6% vs prior year); Flavor Solutions up 12%, Consumer up 1%.
McCormick files legal opinion for shares under Investor Services Plan
Company files Wilmer Cutler Pickering Hale & Dorr opinion on validity of shares offered under Investor Services Plan.
McCormick Q2 adj EPS $0.60 (+25% YoY); raises FY2023 profit outlook
Sales +8% ($912M Consumer, $747M Flavor Solutions); constant currency +10%.
McCormick appoints Brendan Foley as CEO effective Sept 1, 2023; Kurzius becomes Executive Chairman
Brendan Foley promoted to President & CEO, effective Sept 1, 2023; elected to Board immediately.
McCormick President & CAO Malcolm Swift to retire by Nov 30, 2023; transitions to EVP
Malcolm Swift, President Global Flavor Solutions and CAO, notified retirement effective Nov 30, 2023.
McCormick issues $500M of 4.950% Notes due 2033 to repay commercial paper
$500M aggregate principal of 4.950% Notes due April 15, 2033, issued under existing indenture.
McCormick stockholders elect directors, ratify auditor, approve say-on-pay at annual meeting
Eleven directors elected with majority support; highest vote count for Margaret M.V. Preston (10,643,472 for).
McCormick Q1 sales +5% constant currency; adjusted EPS $0.59; reaffirms FY2023 outlook
Sales $1.57B, +3% reported; Consumer segment -2%, Flavor Solutions +10%.
McCormick FY22 adjusted EPS falls 17% to $2.53; guides FY23 1-3% growth to $2.56-$2.61
FY22 sales $6.35B +1% reported (+3% constant currency); adjusted EPS $2.53 vs $3.05 prior.
McCormick Q3 adj EPS $0.69 vs $0.80 YoY; reaffirms FY22 outlook
Net sales $1.60B (+3% reported, +6% constant currency); Consumer +1%, Flavor Solutions +6%.
McCormick lowers FY2022 outlook; Q3 adj. EPS $0.65 vs $0.80 prior year
Preliminary Q3 sales +3% (constant currency +6%); operating income ~$223M vs $265M.
McCormick Q2 adj EPS $0.48 vs $0.69 YoY; cuts FY2022 adj EPS guidance to $3.03-3.08
Sales down 1% to $1.54B (constant currency flat); impacted by China COVID lockdowns, Ukraine conflict.
McCormick appoints Brendan Foley as President and COO effective June 1
Brendan Foley named President and Chief Operating Officer, effective June 1, 2022.
McCormick stockholders approve 2022 Omnibus Incentive Plan at annual meeting
Approved 2022 Omnibus Incentive Plan with 10.7M for, 334K against, 21K abstain (broker non-votes 3.17M).
McCormick stockholders approve 2022 Omnibus Incentive Plan at annual meeting
Stockholders approved 2022 Omnibus Incentive Plan: 10,721,669 for, 334,586 against.
McCormick stockholders elect 11 directors, approve say-on-pay and 2022 Omnibus Plan
Eleven directors elected with 10.5M-11M votes for each; W. Anthony Vernon received fewest for votes (10.55M).
McCormick Q1 sales +3% but adjusted EPS $0.63 down 12.5% YoY; reaffirms FY2022 guidance
Sales $1.52B (+3% reported, +4% constant currency); Consumer -2%, Flavor Solutions +12%.
On May 19, 2026, the Board of the McCormick & Company, Incorporated (the “Company”) appointed Cindy Hoots to the Board of the Company with effect from June 1, 2026
On January 27, 2025, Patricia Little informed the Nominating and Corporate Governance Committee of the Board of Directors (the “Board”) of McCormick & Company, Incorporated (the “Registrant”) that she intends to retire from the Board of the Registrant and will not stand for election at the Registrant’s next annual stockholders’ meeting, which is currently scheduled for March 26, 2025.
Mr. Lawrence E. Kurzius, Executive Chairman of McCormick & Company, Incorporated (the “Company”), notified the Company of his decision to retire as an employee of the Company and and as Chairman of the Company’s Board of Directors (the “Board”), effective December 31, 2024.
the Board appointed Mr. Brendan M. Foley, President and Chief Executive Officer of the Company and current member of the Board, to succeed Mr. Kurzius as Chairman of the Board of Directors, effective January 1, 2025.
Mr. Smith will step down from his role as Executive Vice President and Chief Financial Officer effective December 1, 2024, and will continue thereafter as Executive Vice President of McCormick to assist with the transition until his retirement from McCormick on February 28, 2025.
On June 25, 2024, the Board of Directors (the “Board”) of McCormick & Company, Incorporated (“McCormick”) appointed Marcos Gabriel as Executive Vice President and Chief Financial Officer of McCormick effective December 1, 2024.
On May 21, 2024, the Board of Directors (the “Board”) of McCormick & Company, Incorporated (the “Registrant”) appointed Valarie Sheppard to the Board of the Registrant with effect from June 1, 2024, on which date she will become a member of the Audit Committee of the Board.
On January 23, 2024, the Board of Directors (the “Board”) of McCormick & Company, Incorporated (the “Registrant”) appointed Terry Thomas to the Board of the Registrant.
On January 9, 2024, Dr. Freeman A. Hrabowski, III, informed the Nominating and Corporate Governance Committee of the Board of Directors (the “Board”) of McCormick & Company, Incorporated (the “Registrant”) that he intends to retire from the Board of the Registrant and will not stand for election at the Registrant’s next annual stockholders’ meeting, which is currently scheduled for March 27, 2024.
In addition, on June 27, 2023, the Board voted to increase its size from eleven to twelve members and elected Mr. Foley as a director with immediate effect.
On June 27, 2023, the Board of Directors (the “Board”) of McCormick & Company, Incorporated (“McCormick”) appointed Brendan M. Foley as President and Chief Executive Officer of McCormick effective September 1, 2023.
Mr. Foley will replace Lawrence E. Kurzius who will step down from his role as Chief Executive Officer effective September 1, 2023.
Max materiality 1.00 · Median 0.60 · Most common event earnings