Cholula sauce maker McCormick sees fiscal 2026 profit below estimates
ReutersJan 22, 2026 11:35 AM
Jan 22 (Reuters) - Hot sauce maker McCormick MKC.N on Thursday forecast fiscal 2026 profit below analysts' estimates, hurt by weak demand for its spices and condiments due to pressured consumer spending and stiff competition.
The company expects annual adjusted profit to rise in the range of 2% to 5%, below analyst estimates of an about 7% rise.
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