MKC · News · 20260805N
Revenue Performance and Mix
MCCORMICK & CO INC · 2026-08-05 · Importance 56 · Surprise 58
McCormick reported second-quarter 2026 revenue growth of 16.7% year over year, exceeding expectations. Quarterly EPS was $0.80, and the company reaffirmed its fiscal 2026 EPS guidance. Growth was attributed to the McCormick de México acquisition and organic growth, indicating acquisition contribution alongside underlying sales expansion.
Key facts
- As reported in the Martin Capital Partners filing, McCormick reported quarterly earnings of $0.80 per share and revenue up 16.7% year-over-year. source
- The Seeking Alpha piece attributed McCormick's Q2 2026 results beat to the McCormick de México acquisition, organic growth, and margin expansion from pricing and supply chain savings. source
- McCormick offers a quarterly dividend yielding 3.7% according to the Martin Capital Partners report. source
- McCormick has a 40-year dividend growth streak according to the Seeking Alpha piece. source
- Analysts maintain a "Hold" consensus rating with an average price target of $60.50 according to the Martin Capital Partners report. source
- A Seeking Alpha piece stated McCormick was trading at a 19% discount to fair value. source