Brendan Foley Chairman, President and Chief Executive Officer 3rd Quarter 2025 McCormick & Company, Inc. Business Update, Financial Results, and Outlook | October 7, 2025 The following slides accompany an October 7, 2025 earnings release conference call. This information should be read in conjunction with the press release issued on that date. Actual results could differ materially from those projected in the forward-looking statements. The Company undertakes no obligation to update or revise publicly any f ...

Company Overview - McCormick (MKC) is expected to report quarterly earnings of $0.65 per share, reflecting a year-over-year decline of 5.8% [3] - Revenues are anticipated to be $1.66 billion, which is a 1.2% increase from the previous year [3] Earnings Expectations - Wall Street anticipates a year-over-year decline in earnings despite higher revenues, indicating a focus on how actual results compare to estimates [1] - The consensus EPS estimate has been revised down by 0.11% over the last 30 days, suggesting a bearish sentiment among analysts [4] Earnings Surprise Prediction - The Most Accurate Estimate for McCormick is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -1.19%, indicating a challenging outlook for beating estimates [12] - The stock currently holds a Zacks Rank of 4 (Sell), complicating predictions for an earnings beat [12] Historical Performance - In the last reported quarter, McCormick was expected to post earnings of $0.64 per share but delivered only $0.60, resulting in a surprise of -6.25% [13] - Over the past four quarters, McCormick has beaten consensus EPS estimates three times [14] Industry Context - General Mills (GIS), a competitor in the Zacks Food - Miscellaneous industry, is expected to report earnings of $0.71 per share, reflecting a significant year-over-year decline of 29.7% [19] - General Mills has an Earnings ESP of 0.80% but also holds a Zacks Rank of 4 (Sell), making predictions for an earnings beat difficult [20]