McCormick reports higher sales and adjusted profit, reaffirms 2026 outlook

McCormick’s third-quarter net sales rose 17.4% to $2.02 billion for the period ended August 31, 2026, while organic sales increased 1.9%; adjusted EPS was $0.86 versus $0.85 a year earlier. GAAP EPS fell to $0.36 from $0.84 after $141.5 million in special charges, including a $43.1 million noncash impairment charge, while adjusted operating income rose 22% to $358.5 million. The company reaffirmed its fiscal 2026 outlook for 13%-17% reported sales growth, 16%-20% adjusted operating-income growth and adjusted EPS of $3.05-$3.13, and said its proposed combination with Unilever Foods remains on track to close by mid-2027, subject to approvals and other conditions.