Core Insights - McCormick reported quarterly earnings that fell short of expectations, indicating challenges in meeting financial targets for the period [1] - The company provided a mixed outlook for fiscal 2026, suggesting uncertainty in future performance [1] Financial Performance - The earnings report revealed a decline in revenue, with a year-over-year decrease of 5% [1] - Adjusted earnings per share (EPS) were reported at $0.60, missing analysts' expectations of $0.65 [1] Outlook and Guidance - McCormick's guidance for fiscal 2026 includes a projected revenue growth range of 1% to 3%, which is lower than previous forecasts [1] - The company highlighted ongoing inflationary pressures and supply chain challenges as factors impacting future performance [1]
This Spice Maker's Stock Is Tumbling After Earnings. What We Know.