McCormick reports 16.7 percent rise in Q2 net sales
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- McCormick (NYSE:MKC) posted second quarter 2026 net sales growth of 16.7%, including 1.7% organic growth and a 2.7% currency benefit.
- Gross margin expanded 270 basis points to 40.2% while adjusted operating income rose 30.1% to $336 million.
- The company reaffirmed its 2026 guidance and highlighted benefits from the McCormick de Mexico acquisition and planned combination with Unilever Foods.
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.
Gross margin expanded 270 basis points to 40.2%.
Adjusted operating income increased 30.1% to $336 million, and adjusted EPS rose to $0.80, while GAAP EPS was $0.56 due to special charges.
McCormick also reaffirmed its full-year 2026 outlook for net sales growth of 13–17% and adjusted EPS in the range of $3.05–$3.13.
During the period under review, the company noted accretion from its McCormick de Mexico acquisition and continued planning for the proposed combination with Unilever Foods, which is expected to deliver substantial cost synergies and EPS accretion.
