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Posted inCompanies, Daily Analysis, Earnings Watch, Markets, Pre-Market Briefing, Sector -- Consumer, Sector -- Staples

McCormick (MKC) misses Q1 EPS by $0.04, stock falls 8.67% premarket — commodity inflation and tariff costs hit the spice giant’s margins as the Iran oil shock reaches the grocery aisle

NEW YORK, March 31, 2026 — McCormick & Company (NYSE: MKC) reported Q1 FY2026 results before the bell this morning, delivering an EPS of $0.60 against analyst consensus of $0.64 — a miss of $0.04, or approximately 6.25%, representing a negative EPS surprise of –1.15%. The revenue figure came in broadly in line at approximately […]

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