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McCormick down after forecasting annual profit below expectations

ReutersJan 22, 2026 12:31 PM

Shares of Cholula sauce maker McCormick MKC.N down 5.5% at $62.90 premarket

Co forecasts annual profit below expectations and reports Q4 profit miss due to impact from tariffs and higher input costs

Sees annual adjusted EPS between $3.05 to $3.13 vs. analysts' estimates of $3.22 - data compiled by LSEG

Reports Q4 adjusted EPS of 86 cents, below estimates of 88 cents; net sales up 3% at $1.85 billion, inline with expectations

MKC fell 10.7% in 2025

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