
McCormick posts 17.4% sales growth in Q3
McCormick (NYSE:MKC) reported third-quarter fiscal 2026 net sales growth of 17.4% and reaffirmed its full-year outlook, with adjusted earnings per share increasing to $0.86 from $0.85.
McCormick CEO Brendan Foley joins Bloomberg Open Interest to break down the company's move to acquire Unilever's food business, revealing a strategy centered on global scale, flavor innovation, and supply chain control. He explains how McCormick plans to outcompete private labels, tap into wellness trends, and build a dominant "flavor powerhouse" through both acquisitions and in-house innovation.
McCormick (NYSE:MKC) reported second quarter 2026 net sales growth of 16.7%, driven by 1.7% organic growth and a 2.7% positive currency impact.
Bloomberg's Eric Pfanner joins Dani Burger on "Bloomberg Deals." Unilever agreed to combine its food business with spice maker McCormick in a $44.8 billion deal that will create a global seasonings, sauces and condiments company.
McCormick & Company (NYSE:MKC) announced robust first-quarter fiscal 2026 results on Tuesday, characterized by a significant double-digit increase in net sales following the successful integration of its major regional acquisition.