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McCormick Fiscal Q1 Adjusted Earnings Decline, Revenue Rises; Fiscal 2025 Guidance Reaffirmed
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McCormick Fiscal Q1 Adjusted Earnings Decline, Revenue Rises; Fiscal 2025 Guidance Reaffirmed
Mar 25, 2025 4:14 AM

06:56 AM EDT, 03/25/2025 (MT Newswires) -- McCormick ( MKC ) reported fiscal Q1 adjusted earnings Tuesday of $0.60 per diluted share, down from $0.63 a year earlier.

Analysts polled by FactSet expected $0.64.

Net sales for the quarter ended Feb. 28 were $1.61 billion, up from $1.60 billion a year earlier.

Analysts surveyed by FactSet expected $1.61 billion.

For fiscal 2025, the company continues to expect adjusted EPS of $3.03 to $3.08 on net sales growth of 0% to 2%. Analysts polled by FactSet expect non-GAAP EPS of $3.07.

McCormick ( MKC ) shares were down 6.4% in recent premarket activity.

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