McCormick third-quarter net sales rise 17% to $2.02 billion

McCormick & Company, Incorporated (MKC) said Wednesday that net sales for the third quarter increased 17.4% to $2.02 billion from $1.72 billion a year earlier. The company reported the results in an 8-K filing with the Securities and Exchange Commission.

Here is how the company did:

• Revenue: $2.02 billion vs. $1.72 billion a year earlier
• Net income attributable to McCormick: $97.6 million vs. $225.5 million a year earlier
• Diluted earnings per share: $0.36 vs. $0.84 a year earlier
• Adjusted diluted earnings per share: $0.86 vs. $0.85 a year earlier

Organic sales growth was 1.9% for the quarter. Gross profit expanded to $794.9 million compared to $645.1 million a year earlier, with the gross profit margin rising to 39.3% from 37.4%.

Operating income was $217 million in the third quarter compared to $289 million in the year-ago period. Adjusted operating income was $358.5 million compared to $293.6 million a year earlier.

Brendan M. Foley, Chairman, President, and CEO, said in a statement, “Third quarter results demonstrate the resilience and differentiated performance of our flavor-focused business model in a dynamic operating environment.”

Consumer segment net sales increased 24.9% to $1.22 billion from the third quarter of 2025. Flavor Solutions segment net sales increased 7.7% to $809 million compared to the prior-year period.

For fiscal year 2026, McCormick reaffirmed its net sales growth, adjusted operating income, and adjusted earnings per share outlook. The company expects net sales growth of 13% to 17% and adjusted diluted earnings per share between $3.05 and $3.13.