McCormick & Company is maintaining its fiscal 2026 outlook while pointing to continued investment in key categories, innovation and productivity as drivers of future organic growth. The flavor and seasoning company reported third-quarter net sales of $2.02 billion, up 17.4% year over year, with organic sales increasing 1.9%.
The quarter reflected a mixed volume environment, with organic volume and mix down 0.3% while pricing contributed 2.2% to organic growth. McCormick said its outlook is focused on sustaining volume trends through prioritized investments in key categories, while its Comprehensive Continuous Improvement program is supporting both growth investments and margin expansion.
Flavor Solutions posted 7.7% reported sales growth in the quarter, with organic sales up 3.0%. Growth was led by the Americas, where organic sales increased 2.7%, while EMEA organic sales rose 1.2%. Consumer sales increased 24.9% on a reported basis, although organic sales grew 1.1%.
Looking ahead, McCormick reaffirmed fiscal 2026 net sales growth of 13% to 17%, including an 11% to 13% contribution from its acquisition of McCormick de Mexico. Organic sales are expected to grow 1% to 3%, while adjusted operating income is projected to increase 16% to 20% and adjusted EPS is expected to reach $3.05 to $3.13.
The company also continues to prepare for its proposed combination with Unilever Foods, saying integration planning is progressing and that the transaction is expected to provide additional strategic and financial benefits following closing.
