McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. The company operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers rice, spices, herbs, and seasonings, as well as desserts. This segment markets its products under the McCormick, French, Frank's RedHot, Lawry's Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and Drogheria & Alimentari, and Vahiné brand names in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; McCormick, Aeroplane, and Gourmet Garden brand names in Australia; and Kohinoor brand in India, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors or wholesalers. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland.
IPO Year:
Exchange: NYSE
Website: mccormickcorporation.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/15/2025 | $75.00 | Hold → Buy | Deutsche Bank |
| 8/20/2025 | $83.00 | Neutral → Overweight | Analyst |
| 6/16/2025 | $83.00 | Neutral | UBS |
| 3/27/2025 | Buy → Hold | Argus | |
| 1/8/2025 | $86.00 → $90.00 | Hold → Buy | TD Cowen |
| 12/9/2024 | $85.00 → $91.00 | Hold → Buy | Jefferies |
| 6/12/2024 | $68.00 → $69.00 | Sell → Neutral | Citigroup |
| 4/2/2024 | Hold → Buy | Argus | |
| 2/1/2024 | $60.00 | Sell | Citigroup |
| 1/22/2024 | Overweight → Equal Weight | Consumer Edge Research |
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HUNT VALLEY, Md., Jan. 26, 2026 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, will be presenting at the Consumer Analyst Group of New York (CAGNY) Conference at 5:00 p.m. ET, on February 17, 2026. Representing McCormick will be Brendan Foley, Chairman, President & CEO; and Marcos Gabriel, Executive Vice President & CFO. The presentation will be webcast live via the McCormick website ir.mccormick.com. A reply will be available following the event through the same website. About McCormick McCormick & Company, Incorporated is a global leader in flavor. With approximately $7 billion in annual sales across 150 countries and territories, we manufacture
HUNT VALLEY, Md., Jan. 22, 2026 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, today reported financial results for the fourth quarter and fiscal year ended November 30, 2025 and provided its financial outlook for fiscal year 2026. Net sales increased 3% in the fourth quarter from the year-ago period and included a 1% favorable impact from currency. Organic sales grew 2% compared to the year-ago period. Earnings per share was $0.84 in the fourth quarter compared to $0.80 in the year-ago period. Adjusted earnings per share was $0.86 compared to $0.80 in the year-ago period. Operating income was $311 million in the fourth quarter compared to $306 mill
HUNT VALLEY, Md., Jan. 21, 2026 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, today announced that Gavin Hattersley, retired President and Chief Executive Officer of Molson Coors Beverage Company, and Rick Dierker, President and Chief Executive Officer of Church & Dwight Co., Inc., have been appointed to McCormick's Board of Directors effective February 1, 2026. Mr. Hattersley brings more than 35 years of leadership experience spanning the global consumer packaged goods and beverage industries. Most recently, he served as President an
HUNT VALLEY, Md., Jan. 2, 2026 /PRNewswire/ -- McCormick & Company Inc. (NYSE: MKC) (the "Company"), a global leader in flavor, today announced that it has completed the acquisition of an additional 25% ownership interest in McCormick de Mexico from Grupo Herdez, increasing its ownership to 75%. The Company previously announced its agreement to expand ownership in McCormick de Mexico on August 21, 2025. The expanded ownership of McCormick de Mexico, a joint venture formed in 1947 with Grupo Herdez, strengthens McCormick's global flavor leadership, creates opportunities for further growth in the attractive Mexican market and provides a strategic platform for further expansion in Latin Americ
HUNT VALLEY, Md., Dec. 22, 2025 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, is scheduled to conduct a conference call and webcast of its fourth quarter 2025 financial results on Thursday January 22, 2026, at 8:00 a.m. Eastern Time. Brendan Foley, Chairman, President & CEO; Marcos Gabriel, Executive Vice President & CFO; and Faten Freiha, Vice President of Investor Relations will be hosting the call. A live audio webcast of the call along with the accompanying presentation materials will be available on the McCormick website ir.mccormick.com. If you are unable to attend the live webcast, the presentation will be archived on the same website. To li
HUNT VALLEY, Md., Nov. 18, 2025 /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE:MKC) today declared an increase in the quarterly dividend from $0.45 to $0.48 per share on its common stocks, payable January 12, 2026, to shareholders of record December 29, 2025. This marks the Company's 102nd year of continuous dividend payments and the 40th consecutive year it has increased its quarterly dividend. Brendan M. Foley, Chairman, President & CEO, said "McCormick is flavor. As we advance our leadership and differentiation, we remain confident in the fundamentals of our business and ability to deliver long-term shareholder value. We are proud to be recognized as a
HUNT VALLEY, Md., Oct. 7, 2025 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, today reported financial results for the third quarter ended August 31, 2025 and reaffirmed sales growth outlook and updated operating income and earnings per share outlook for fiscal 2025. Net Sales increased 3% in the third quarter and included a 1% favorable impact from currency. Organic sales growth of 2% was volume-led.Operating income was $289 million in the third quarter compared to $287 million in the year-ago period. Adjusted operating income was $294 million compared to $288 million in the year-ago period.Earnings per share was $0.84 in the third quarter as compa
HUNT VALLEY, Md., Sept. 30, 2025 /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE:MKC) declared a quarterly dividend of $0.45 per share on its common stocks, payable October 27, 2025, to shareholders of record October 14, 2025. This is the 101st year of consecutive dividend payments by the Company. About McCormick McCormick & Company, Incorporated is a global leader in flavor. With over $6.7 billion in annual sales across 150 countries and territories, we manufacture, market, and distribute herbs, spices, seasonings, condiments and flavors to the entire food and beverage industry including retailers, food manufacturers and foodservice businesses. Our most p
HUNT VALLEY, Md., Sept. 9, 2025 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, is scheduled to conduct a conference call and webcast of its third quarter 2025 financial results on Tuesday October 7, 2025, at 8:00 a.m. Eastern Time. Brendan Foley, Chairman, President & CEO; Marcos Gabriel, Executive Vice President & CFO; and Faten Freiha, Vice President of Investor Relations will be hosting the call. A live audio webcast of the call along with the accompanying presentation materials will be available on the McCormick website ir.mccormick.com. If you are unable to attend the live webcast, the presentation will be archived on the same website. To liste
Signs Agreement to Acquire Controlling Interest in McCormick de MexicoExpands Presence in Condiment and Sauces in Emerging MarketsExpects Net Sales, Adjusted Operating Margin, and Adjusted EPS Accretion in the First Year HUNT VALLEY, Md., Aug. 21, 2025 /PRNewswire/ -- McCormick & Company Inc. (NYSE:MKC) (the "Company"), a global leader in flavor, today announced that it has signed a definitive agreement, subject to customary closing and regulatory conditions, with Grupo Herdez to acquire an additional 25% ownership interest in McCormick de Mexico, a joint venture formed in 1947, for $750 million. The acquisition will increase McCormick's ownership to 75%, creating opportunities for further g
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Deutsche Bank upgraded McCormick from Hold to Buy and set a new price target of $75.00
Analyst upgraded McCormick from Neutral to Overweight and set a new price target of $83.00
UBS initiated coverage of McCormick with a rating of Neutral and set a new price target of $83.00
Argus downgraded McCormick from Buy to Hold
TD Cowen upgraded McCormick from Hold to Buy and set a new price target of $90.00 from $86.00 previously
Jefferies upgraded McCormick from Hold to Buy and set a new price target of $91.00 from $85.00 previously
Citigroup upgraded McCormick from Sell to Neutral and set a new price target of $69.00 from $68.00 previously
Citigroup initiated coverage of McCormick with a rating of Sell and set a new price target of $60.00
Consumer Edge Research downgraded McCormick from Overweight to Equal Weight
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HUNT VALLEY, Md., Jan. 22, 2026 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, today reported financial results for the fourth quarter and fiscal year ended November 30, 2025 and provided its financial outlook for fiscal year 2026. Net sales increased 3% in the fourth quarter from the year-ago period and included a 1% favorable impact from currency. Organic sales grew 2% compared to the year-ago period. Earnings per share was $0.84 in the fourth quarter compared to $0.80 in the year-ago period. Adjusted earnings per share was $0.86 compared to $0.80 in the year-ago period. Operating income was $311 million in the fourth quarter compared to $306 mill
HUNT VALLEY, Md., Jan. 2, 2026 /PRNewswire/ -- McCormick & Company Inc. (NYSE: MKC) (the "Company"), a global leader in flavor, today announced that it has completed the acquisition of an additional 25% ownership interest in McCormick de Mexico from Grupo Herdez, increasing its ownership to 75%. The Company previously announced its agreement to expand ownership in McCormick de Mexico on August 21, 2025. The expanded ownership of McCormick de Mexico, a joint venture formed in 1947 with Grupo Herdez, strengthens McCormick's global flavor leadership, creates opportunities for further growth in the attractive Mexican market and provides a strategic platform for further expansion in Latin Americ
HUNT VALLEY, Md., Dec. 22, 2025 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, is scheduled to conduct a conference call and webcast of its fourth quarter 2025 financial results on Thursday January 22, 2026, at 8:00 a.m. Eastern Time. Brendan Foley, Chairman, President & CEO; Marcos Gabriel, Executive Vice President & CFO; and Faten Freiha, Vice President of Investor Relations will be hosting the call. A live audio webcast of the call along with the accompanying presentation materials will be available on the McCormick website ir.mccormick.com. If you are unable to attend the live webcast, the presentation will be archived on the same website. To li
HUNT VALLEY, Md., Nov. 18, 2025 /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE:MKC) today declared an increase in the quarterly dividend from $0.45 to $0.48 per share on its common stocks, payable January 12, 2026, to shareholders of record December 29, 2025. This marks the Company's 102nd year of continuous dividend payments and the 40th consecutive year it has increased its quarterly dividend. Brendan M. Foley, Chairman, President & CEO, said "McCormick is flavor. As we advance our leadership and differentiation, we remain confident in the fundamentals of our business and ability to deliver long-term shareholder value. We are proud to be recognized as a
HUNT VALLEY, Md., Oct. 7, 2025 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, today reported financial results for the third quarter ended August 31, 2025 and reaffirmed sales growth outlook and updated operating income and earnings per share outlook for fiscal 2025. Net Sales increased 3% in the third quarter and included a 1% favorable impact from currency. Organic sales growth of 2% was volume-led.Operating income was $289 million in the third quarter compared to $287 million in the year-ago period. Adjusted operating income was $294 million compared to $288 million in the year-ago period.Earnings per share was $0.84 in the third quarter as compa
HUNT VALLEY, Md., Sept. 30, 2025 /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE:MKC) declared a quarterly dividend of $0.45 per share on its common stocks, payable October 27, 2025, to shareholders of record October 14, 2025. This is the 101st year of consecutive dividend payments by the Company. About McCormick McCormick & Company, Incorporated is a global leader in flavor. With over $6.7 billion in annual sales across 150 countries and territories, we manufacture, market, and distribute herbs, spices, seasonings, condiments and flavors to the entire food and beverage industry including retailers, food manufacturers and foodservice businesses. Our most p
HUNT VALLEY, Md., Sept. 9, 2025 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, is scheduled to conduct a conference call and webcast of its third quarter 2025 financial results on Tuesday October 7, 2025, at 8:00 a.m. Eastern Time. Brendan Foley, Chairman, President & CEO; Marcos Gabriel, Executive Vice President & CFO; and Faten Freiha, Vice President of Investor Relations will be hosting the call. A live audio webcast of the call along with the accompanying presentation materials will be available on the McCormick website ir.mccormick.com. If you are unable to attend the live webcast, the presentation will be archived on the same website. To liste
Signs Agreement to Acquire Controlling Interest in McCormick de MexicoExpands Presence in Condiment and Sauces in Emerging MarketsExpects Net Sales, Adjusted Operating Margin, and Adjusted EPS Accretion in the First Year HUNT VALLEY, Md., Aug. 21, 2025 /PRNewswire/ -- McCormick & Company Inc. (NYSE:MKC) (the "Company"), a global leader in flavor, today announced that it has signed a definitive agreement, subject to customary closing and regulatory conditions, with Grupo Herdez to acquire an additional 25% ownership interest in McCormick de Mexico, a joint venture formed in 1947, for $750 million. The acquisition will increase McCormick's ownership to 75%, creating opportunities for further g
HUNT VALLEY, Md., June 26, 2025 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, today reported financial results for the second quarter ended May 31, 2025 and reaffirmed fiscal 2025 outlook. Net Sales increased 1% in the second quarter, driven by volume growth, and included a 1% unfavorable impact from currency. Organic sales growth of 2% was driven by volume.Operating income was $246 million in the second quarter compared to $234 million in the year-ago period. Adjusted operating income was $259 million compared to $236 million in the year-ago period.Earnings per share was $0.65 in the second quarter as compared to $0.68 in the year-ago period. Adju
HUNT VALLEY, Md., June 24, 2025 /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE:MKC) declared a quarterly dividend of $0.45 per share on its common stocks, payable July 21, 2025 to shareholders of record July 7, 2025. This is the 101st year of consecutive dividend payments by the Company. About McCormick McCormick & Company, Incorporated is a global leader in flavor. With over $6.7 billion in annual sales across 150 countries and territories, we manufacture, market, and distribute herbs, spices, seasonings, condiments and flavors to the entire food and beverage industry including retailers, food manufacturers and foodservice businesses. Our most popular br
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Live Leadership Updates
HUNT VALLEY, Md., Jan. 21, 2026 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, today announced that Gavin Hattersley, retired President and Chief Executive Officer of Molson Coors Beverage Company, and Rick Dierker, President and Chief Executive Officer of Church & Dwight Co., Inc., have been appointed to McCormick's Board of Directors effective February 1, 2026. Mr. Hattersley brings more than 35 years of leadership experience spanning the global consumer packaged goods and beverage industries. Most recently, he served as President an
HUNT VALLEY, Md., May 21, 2024 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, today announced that Valarie Sheppard, retired Executive Vice President, Controller and Treasurer of the Procter & Gamble Company (P&G) has been appointed to the Board of Directors of McCormick effective June 1, 2024. Ms. Sheppard brings over 35 years of experience in finance and accounting following a stellar career with P&G. Her expertise includes capital deployment and asset management, business process reengineering, acquisitions and divestures, external
HUNT VALLEY, Md., Jan. 23, 2024 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today announced that Terry Thomas, Chief Growth Officer of Flowers Foods, Inc. has been appointed to the Board of Directors of McCormick effective January 23, 2024. Mr. Thomas has more than 30 years of domestic and global experience in the CPG industry, spanning across all channels and numerous categories. He brings a deep understanding of the retail landscape with expertise in sales and all key commercial functions. Mr. Thomas is Chief Growth Officer for F
Verification Reinforces McCormick's Commitment to Achieving a Sustainable Future Through Energy Efficiency, Sustainable Agriculture, and Value Chain Engagement HUNT VALLEY, Md., Dec. 11, 2023 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, is one of several companies leading the journey to net-zero as it announced today that the Science Based Targets initiative (SBTi) has approved its net-zero science-based target by 2050. "We are proud to have SBTi approve our 2050 net-zero target, but we also realize this is only the first step in a long journey. We have always operated with the mindset that creating a sustainable future is paramount to our continu
HUNT VALLEY, Md., June 1, 2023 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, today announced the appointment of Ana Sanchez, President-Europe, Middle East and Africa (EMEA), Andrew Foust, President-Americas, and Kasey Jenkins, Chief Growth Officer, to its Management Committee, the Company's highest leadership team. The appointments will be effective June 30, 2023. "I'd like to congratulate Ana, Andrew, and Kasey on their appointments to the Company's Management Committee. As key leaders within the organization, they are making signi
HUNT VALLEY, Md., Dec. 5, 2022 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, today announced the appointment of Sarah Piper to Chief Human Relations Officer effective December 1, 2022. Ms. Piper has become a member of McCormick's Management Committee. In her new role as Chief Human Relations Officer (CHRO), Ms. Piper is responsible for the development and execution of the Company's global people strategy. Her responsibilities will include talent management, learning, total rewards, diversity, equity and inclusion, employee engag
HUNT VALLEY, Md., May 2, 2022 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, announced the appointment of Brendan Foley to the role of Chief Operating Officer and President, effective June 1, 2022. Brendan will continue to report to Lawrence Kurzius, Chairman and Chief Executive Officer. In this newly created role, Mr. Foley will have responsibility for all of McCormick's business units and its supply chain worldwide. Mr. Foley has been a key leader for McCormick since 2014 when he joined the Company as President of the U.S. Consumer Products Division. He was appointed President North America and added the responsibilities of President Global Cons