McCormick's Q1 earnings miss Wall Street estimates, but retail sentiment is optimistic

From StockTwits: 2025-03-25 23:48:00

Stocktwits sentiment for McCormick & Co (MKC) improved to ‘extremely bullish’ after disappointing Q1 results below Wall Street’s expectations. Earnings per share were $0.60, missing estimates of $0.64, with revenue at $1.61 billion. Q1 sales saw volume growth of 2%, offset by a 2% currency impact. Organic sales grew 2%, driven by volume. CEO Brendan Foley highlighted share gains and volume growth. The company reaffirmed its 2025 outlook, expecting sales growth of 0-2%, operating income growth of 3-5%, and EPS growth of 3-5%. Plans include cost savings initiatives and addressing U.S.-China tariffs.



Read more at StockTwits: McCormick Stock In Spotlight After Q1 Earnings Miss, But Retail’s Bullish