While reporting financial results for the fourth quarter on Thursday, McCormick & Co., Inc. (MKC) initiated its adjusted earnings and net sales growth guidance for the full-year 2026.
The company said the outlook reflects meaningful contributions from the acquisition of a controlling interest in McCormick de Mexico, which closed on January 2, 2026.
For fiscal 2026, the company now projects adjusted earnings in a range of $3.05 to $3.13 per share on net sales growth of 13 to 17 percent, with organic constant currency sales growth of 1 to 3 percent.
On average, analysts polled expect the company to report earnings of $3.20 per share on net sales growth of 14.63 percent to $7.84 billion for the year. Analysts' estimates typically exclude special items.
The Company expects foreign currency rates to favorably impact net sales by 1%, and adjusted earnings per share by 1%.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.