McCormick Stock Gains as Q3 Earnings Top Estimates, Margin Expands
McCormick & Company Inc. (MKC) reported upbeat fiscal third-quarter results, topping estimates with an expanded gross profit margin of 190 basis points. The company also reaffirmed its fiscal 2026 outlook.
McCormick & Company Inc. (MKC) shares fell on Thursday morning after the flavor and seasoning company reported fiscal third-quarter results that topped estimates and reaffirmed its fiscal 2026 outlook. The stock rose as much as 6% in premarket trading before giving back most of those gains, as of this writing.