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McCormick Shares Jump 6% After Q2 Earnings Beat and Guidance Reaffirmed

It reported 69-cent adjusted EPS on volume-driven sales growth, underscoring its capacity to offset tariff pressures.

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Overview

  • The spice and flavorings company posted $1.659 billion in second-quarter sales, narrowly topping Street estimates.
  • Net sales increased 1 percent year over year despite a 1 percent unfavorable currency impact.
  • Adjusted operating income rose 9.7 percent to $258.6 million and operating margin expanded by 120 basis points to 15.6 percent.
  • Leadership highlighted data-driven sourcing plans and cost-saving initiatives under the USMCA framework to mitigate tariff-related expenses.
  • McCormick reaffirmed its full-year 2025 adjusted EPS guidance of $3.03 to $3.08 and declared a quarterly dividend of 45 cents per share.