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McCormick (MKC) Reports Q1 Earnings: What Key Metrics Have to Say
McCormickMcCormick(US:MKC) ZACKS·2025-03-25 14:30

Core Insights - McCormick reported revenue of $1.61 billion for the quarter ended February 2025, reflecting a year-over-year increase of 0.2% and a slight revenue surprise of -0.38% compared to the Zacks Consensus Estimate [1] - The company's EPS for the same period was $0.60, down from $0.63 a year ago, resulting in an EPS surprise of -6.25% against the consensus estimate of $0.64 [1] Revenue Breakdown - Flavor Solutions net sales reached $686 million, exceeding the average estimate of $682.40 million, marking a year-over-year increase of 0.7% [4] - Consumer net sales were reported at $919 million, falling short of the average estimate of $928.64 million, representing a year-over-year decline of 0.3% [4] Operating Income Analysis - Operating income for Flavor Solutions, excluding special charges and transaction expenses, was $79 million, surpassing the average estimate of $65.54 million [4] - Operating income for Consumer, excluding special charges and transaction expenses, was $147 million, below the average estimate of $166.59 million [4] Stock Performance - McCormick's shares have returned -1.1% over the past month, compared to a -3.6% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]