Business
McCORMICK REPORTS STRONG 2025 FINANCIAL RESULTS AND PROVIDES 2026 OUTLOOK
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.
About this update from Mccormick & Company, Incorporated
[{"type":"text","content":"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.","length":282,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"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. ","length":347,"tagName":"p"}]},{"val":[{"type":"text","content":"Operating income was $311 million in the fourth quarter compared to $306 million in the year-ago period. Adjusted operating income was $317 million compared to $308 million in the year-ago period. ","length":196,"tagName":"p"}]},{"val":[{"type":"text","content":"For fiscal year 2025, sales increased 2% from the prior year. As there was minimal impact from currency, organic sales were the same as reported sales. The sales increase was driven by volume and pricing. Earnings per share of $2.93 compared to $2.92 in 2024. Adjusted earnings per share was $3.00 in 2025 compared to $2.95 in 2024.","length":332,"tagName":"p"}]},{"val":[{"type":"text","content":"Operating income was $1,071 million in 2025 compared to $1,060 million in 2024. Adjusted operating income was $1,094 million compared to $1,070 million in the year-ago period. ","length":175,"tagName":"p"}]},{"val":[{"type":"text","content":"Cash flow from operations was $962 million for fiscal year 2025 compared to $922 million in 2024. In November, the Board authorized a 7% increase to the quarterly dividend, marking the 40th consecutive year of dividend increases.","length":229,"tagName":"p"}]},{"val":[{"type":"text","content":"The Company's 2026 outlook reflects continued investment in core categories to sustain its differentiated net sales and volume trends, expand operating margins, and drive shareholder value.","length":193,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":1472,"olType":false},{"type":"text","content":"Chairman, President, and CEO's Remarks ","length":42,"tag...