McCormick beats quarterly estimates, cuts annual profit view amid tariff woes
Core Insights - McCormick reported third-quarter sales and profit that exceeded expectations, driven by strong demand for its premium spices and seasonings despite ongoing macroeconomic uncertainties [1] Company Performance - The company demonstrated resilience in its sales performance, indicating a robust consumer preference for higher-priced products [1] Market Context - The results come amid a backdrop of macroeconomic uncertainty, suggesting that consumers are still willing to invest in quality food products [1]