Snapshot
Mccormick & Co Inc reported $1.72B of revenue in Q3 2025, up 2.7% year over year, with diluted EPS of $0.84 and an operating margin of 16.7%.
- Revenue
- $1.72B
- YoY growth
- +2.7%
- Diluted EPS
- $0.84
- Operating margin
- 16.7%
$1.72B
Revenue
+2.7%
YoY growth
$0.84
Diluted EPS
16.7%
Operating margin
01 Key takeaways
What management said
- •Third quarter top-line performance was strong and marked our fifth consecutive quarter of volume-led growth, reflecting our differentiation and the benefit of continued investments in our brands, expanded distribution, and innovation.
- •Due to the dynamic global trade environment, our gross margin was further pressured by rising costs.
- •However, our effective execution on efficiency initiatives drove continued operating profit growth.
- •We are executing with discipline on the actions within our control, while adapting quickly to the dynamics in the external environment and, at the same time, positioning McCormick for sustained long-term growth.
- •I will highlight some areas of success and the areas we continue to work on, as well as our growth plans.
- •Marcos will then go into more depth and review our 2025 outlook, including an update on our tariff exposure and mitigation plans.
- •In the third quarter, total organic sales increased by 2%, driven by volume growth, primarily in the Consumer segment, in line with our expectations.
- •In global Consumer, organic sales growth was volume-led and demonstrated continued momentum across key markets and core categories in the Americas and EMEA.
- •However, our food service business, which is reported within China Consumer, faced softer demand due to slower consumption in certain channels, such as high-end dining.
- •Despite this unforeseen headwind, we remain confident in a gradual full-year recovery in China Consumer for 2025.
- •In global Flavor Solutions, despite soft industry trends, we grew underlying volumes as we lapped favorable growth related to the timing of customer activities in the prior year in the Americas.
- •Softness in large CPG and branded food service customers' volumes was also more than offset by QSR growth in both Americas and Asia-Pacific.
SourcesCompany financials · earnings call
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