StocksMediumUpdated×2•Originally published 1 October 2026•Updated 1 October 2026•
1 min read
McCormick Beats Estimates Despite Net Income Dropping to $97.6 Million in Q3
Key Facts
1McCormick & Company reported solid financial results for the third quarter ended August 31, 2026.
2The company reaffirmed its financial outlook for the full fiscal year 2026.
McCormick & Company reported fiscal third-quarter net income of $97.6 million, or 36 cents a share, for the period ended August 31, 2026. This result compares to a net income of $225.5 million in the same quarter a year earlier, even as the company posted non-GAAP EPS of $0.86 and revenue of $2.02 billion that exceeded analyst expectations.
MKC closed at $46.4 on September 30, 2026, after trading between a session low of $46.25 and a high of $49.2. According to a statement released via PR Newswire, the company reaffirmed its full-year 2026 financial outlook despite the year-over-year decline in GAAP net income.