McCormick & Company, Incorporated (MKC)

McCormick beat expectations on both the top and bottom line in the third fiscal quarter of 2026, reported October 1, 2026, with revenue rising 17.4% to about $2.0 billion; revenue of $2.025 billion topped the $1.976 billion estimate (+2.5%), while adjusted EPS of $0.86 topped the $0.76 estimate (+14%). The top-line gain came alongside a gross margin of 39.3% and operating margin of 10.7%, with gross profit of roughly $795 million translating into operating income of about $217 million. Net income fell 56.7% year over year to about $97.6 million (down from $225.5 million a year ago) despite the higher revenue base. The quarter generated operating cash flow of about $168.1 million. For the next period, consensus calls for EPS of $0.87 on revenue of $2.111 billion.