The company said net sales for Q1 2026 (ended February 28) increased 16.7%, including a favorable currency impact of 3.1%, and organic sales growth was 1.2%. McCormick de Mexico acquisition contributed 12.4%.

1. 01

   The company said net sales for Q1 2026 (ended February 28) increased 16.7%, including a favorable currency impact of 3.1%, and organic sales growth was 1.2%. McCormick de Mexico acquisition contributed 12.4%.

2. 02

   McCormick said operating income for Q1 was $228 million, roughly flat from $225 million a year earlier. It said adjusted operating income, excluding special charges, was $268 million, up 19% from $225 million a year earlier.

3. 03

   The company said diluted earnings per share for Q1 was $3.77 (compared with $0.60 a year earlier), and that the results included a non-cash gain of $3.22 from remeasuring its previously held equity interest in McCormick de Mexico. Adjusted earnings per share, excluding special charges and that gain, was $0.66.

4. 04

   The company reaffirmed its outlook for fiscal 2026, calling for net sales growth of 13% to 17%, adjusted operating income growth of 16% to 20%, and adjusted earnings per share of $3.05 to $3.13 (2% to 5%).

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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