McCormick(US:MKC)2025-06-26 11:07Financial Performance - Total McCormick's organic sales grew by 1.6%, driven by a 1.3% increase in volume and a 0.3% increase in price[24] - Consumer segment organic sales increased by 3.0%, with volume up by 3.3% and price down by 0.3%[28] - Flavor Solutions segment organic sales remained flat at 0.0%, with volume declining by 1.0% and price increasing by 1.0%[32] - Net sales reached $1,659.5 million, a 1.0% increase as reported, or 1.6% in constant currency[37] - Adjusted operating income was $258.6 million, a 9.7% increase as reported, or 11.0% in constant currency[37] - Adjusted earnings per share (EPS) remained flat at $0.69[44] Segment Performance - Consumer segment net sales were $930.6 million, a 2.9% increase as reported, or 3.0% in constant currency, with adjusted operating income of $163.6 million, up 9.6% as reported, or 9.8% in constant currency[40] - Flavor Solutions segment net sales were $728.9 million, a 1.3% decrease as reported, but flat at 0.0% in constant currency, with adjusted operating income of $95.0 million, up 9.8% as reported, or 12.9% in constant currency[40] Outlook - The company maintains its net sales growth outlook at 0% to 2%, or 1% to 3% in constant currency[56] - The company maintains its adjusted operating income increase outlook at 3% to 5%, or 4% to 6% in constant currency[56] - The company maintains its adjusted EPS outlook at $3.03 to $3.08, or a 3% to 5% increase, or 5% to 7% in constant currency[56]