McCormick reports Q2 2026 earnings, reaffirms outlook, updates Unilever Foods integration

Filed June 25, 2026 · Period ending June 25, 2026 · ~2 min read

Key Changes

• high

  Q2 net sales rose 16.7% (12% from McCormick de Mexico acquisition, 2.7% currency, 1.7% organic); adjusted EPS increased 15.9% to $0.80 vs. $0.69 prior year, driven by 270 bps gross margin expansion including $28M IEEPA tariff refund.

  Item 2.02 — Results of Operations and Financial Condition verify on EDGAR →
• high

  Reaffirmed FY2026 guidance: 13–17% sales growth, 16–20% adjusted operating income growth, adjusted EPS $3.05–$3.13 (2–5% growth); raised adjusted gross margin expansion outlook to 100–120 bps from prior guidance.

  Exhibit 99.1 verify on EDGAR →
• high

  Unilever Foods integration on track; expects to announce European secondary listing location by end July 2026 and provide operating model, synergy details by end September 2026; transaction targets mid-to-high-single-digit EPS accretion Year 1, mid-to-high-teens Year 3.

  Exhibit 99.1 verify on EDGAR →