McCormick said net sales for Q3 2026 rose 17.4% from the same quarter a year earlier and rose 1.9% on an organic basis. The company said the acquisition of McCormick de Mexico contributed 14.6% to net sales growth.

1. 01

   McCormick said net sales for Q3 2026 rose 17.4% from the same quarter a year earlier and rose 1.9% on an organic basis. The company said the acquisition of McCormick de Mexico contributed 14.6% to net sales growth.

2. 02

   The company said operating income for Q3 2026 was $217.0 million, down 24.8% from $288.7 million in the same quarter a year earlier. Excluding special charges, adjusted operating income was $358.5 million, up 22.1%.

3. 03

   McCormick said it entered into a merger agreement with Unilever on March 31, 2026. It said Unilever shareholders are expected to hold about 55.1% of the combined company and its shareholders about 35.0%. Unilever will receive a one-time cash payment of $15.7 billion.

4. 04

   McCormick said it acquired an additional 25% interest in McCormick de Mexico on January 2, 2026 for $750.0 million, raising its ownership to 75%. The acquisition also resulted in a remeasurement gain of $866.8 million on the company's previously held equity interest.

Key figures

Quarter ended August 31, 2026

Revenue

$2.0B

Operating income

$217M

Net income

$98M

EPS

$0.36

Gross profit

$795M

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

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