Food flavoring company McCormick (NYSE: MKC) will be reporting earnings this Tuesday before market open. Here’s what you need to know.
McCormick beat analysts’ revenue expectations last quarter, reporting revenues of $1.85 billion, up 2.9% year on year. It was a slower quarter for the company, with a miss of analysts’ gross margin and EBITDA estimates.
Is McCormick a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, the market is expecting McCormick’s revenue to grow 11% year on year, improving from its flat revenue in the same quarter last year.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. McCormick has missed Wall Street’s revenue estimates multiple times over the last two years.
Looking at McCormick’s peers in the consumer staples segment, only General Mills has reported results so far. It met analysts’ revenue estimates, posting year-on-year sales declines of 8.4%. The stock was down 3.2% on the results.
Read our full analysis of General Mills’s earnings results here.Markets spent late 2025 hand-wringing over AI's threat to software and crypto, only for the US-Iran conflict to seize the narrative in 2026. While some of the consumer staples stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 10.2% on average over the last month. McCormick is down 23.9% during the same time and is heading into earnings with an average analyst price target of $69.31 (compared to the current share price of $53.17).
WHILE YOU’RE HERE: The Next Palantir? One satellite company captures images of every point on Earth. Every single day. The Pentagon wants it. Hedge funds are using it to beat earnings. You’ve probably never heard of it.
This is what the early days of Palantir looked like before it became a $437 billion giant. Same playbook. Different technology. If you missed Palantir, you need to see this. Claim The Stock Ticker for Free HERE.
