McCormick & Co Inc Ordinary Shares (Non Voting)

MKC: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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McCormick Earnings: Q1 Gains Eclipsed by Massive Unilever Deal; Shares Still a Bargain

Erin Lash

Mar 31, 2026

McCormick's first-quarter organic sales growth of 1% and 100-basis-point adjusted gross margin gain to 38.6% were overshadowed by the $44.8 billion tie-up with Unilever's food arm, equating to 14 times 2025 EBITDA. The deal is set to close in mid-2027. McCormick shares are down midsingle digits.

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McCormick & Co Inc Ordinary Shares (Non Voting)

McCormick Earnings: Q1 Gains Eclipsed by Massive Unilever Deal; Shares Still a Bargain

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