McCormick & Co. cuts profit forecast due to higher commodity costs and tariffs. Operating profit and EPS growth estimates lowered for fiscal 2025. Third-quarter results show revenue projections maintained, but profit growth revised down. Constant currency operating profit adjusted to 3-5%. CEO confident in achieving updated 2025 outlook despite challenges. Sales revenue guidance remains the same, but EPS expectations lowered to $2.95-3.00. Q3 results led by 1.2% volume growth, 3% sales increase to $1.7bn. Retail sales up 4%, flavour solutions up 1%. Operating income stable at $289m. EPS flat at $0.84. Company continues to invest in key categories for long-term growth amidst uncertain environment. Mitigation plans in place for tariffs include sourcing strategies, cost-savings, and revenue growth management.

Read more at Yahoo Finance: McCormick trims profit outlook on cost pressures, tariffs