McCormick said net sales for Q2 2026 rose 16.7% from a year earlier, and the McCormick de Mexico acquisition accounted for 12.3% of the increase. Adjusted operating income was $336.4 million, up 30.1% from $258.6 million a year earlier.

1. 01

   McCormick said net sales for Q2 2026 rose 16.7% from a year earlier, and the McCormick de Mexico acquisition accounted for 12.3% of the increase. Adjusted operating income was $336.4 million, up 30.1% from $258.6 million a year earlier.

2. 02

   The company said it acquired an additional 25% interest in McCormick de Mexico on January 2, 2026 for $750.0 million, which made it a 75% controlling interest. Operating income for the 6 months from its unconsolidated operations included a gain of $866.8 million on the remeasurement of its previously held equity interest.

3. 03

   The company said it entered into a merger agreement with Unilever on March 31, 2026. It said it will pay Unilever a one-time cash payment of $15.7 billion, subject to certain adjustments, and that Unilever shareholders are expected to hold approximately 55.1% of the combined company.

4. 04

   The company said it expects adjusted diluted earnings per share for 2026 to range from $3.05 to $3.13. Adjusted diluted earnings per share was $3.00 in 2025. It said it expects net sales for 2026 to grow 13% to 17%.

Key figures

Quarter ended May 31, 2026

Revenue

$1.9B

Operating income

$276M

Net income

$150M

EPS

$0.56

Gross profit

$778M

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

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

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.