McCormick's earnings fell short of expectations, with revenue and adjusted earnings below estimates.

From Yahoo Finance: 2025-03-25 10:33:00

McCormick’s fiscal first-quarter results fell short of Wall Street’s expectations, with revenue at $1.6 billion, up less than 1% year-over-year. Adjusted earnings of $162.3 million, or 60 cents per share, were also below estimates. Volumes grew in consumer and flavor solutions segments, but pricing declines offset gains. The company projects full-year net sales to be flat to up 2% year-over-year, slightly lower than analyst estimates. Shares of McCormick were relatively unchanged following the news, up 5% since the start of the year.



Read more at Yahoo Finance: Spice Maker McCormick’s Earnings Miss Expectations