Added to YB: 2026-10-07
Pitch date: 2026-10-01
MKC [bearish]
McCormick & Company, Incorporated
-6.2%
current return
Author Info
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Company Info
McCormick & Company, Incorporated manufactures, markets, and distributes herbs, spices, seasoning mixes, condiments, and other flavorful products to the food industry.
Market Cap
$12.3B
Pitch Price
$43.04
Price Target
N/A
Dividend
4.22%
EV/EBITDA
7.05
P/E
8.24
EV/Sales
2.28
Sector
Food Products
Category
N/A
Consumer Spec - Pre Market Wrap - MKC +3.5%: GROSS MARGIN SURPRISE MASKS VOLUME WEAKNESS AS Q4 GUIDANCE IMPLIES MEANINGFUL EARNINGS STEP-DOWN
MKC (earnings): McCormick’s Q3 adjusted EPS beat of $0.86 versus $0.75 was primarily a gross-margin story, while organic growth was just 1.9% and Consumer Americas volume/mix fell 2.5%. Although full-year guidance was maintained, inflation increased to 6–7% and implied Q4 operating profit and EPS are ~12% below consensus, leaving volume recovery and Unilever Foods integration as material execution risks.
Read full article (4 min)