Q3 25 EPS
$0.85
BEAT +4.15%
Est. $0.82
Q3 25 Revenue
$1.72B
BEAT +0.75%
Est. $1.71B
vs S&P Since Q3 25
-30.6%
TRAILING MARKET
MKC -22.9% vs S&P +7.7%
Market Reaction
Did MKC Beat Earnings? Q3 2025 Results
McCormick posted a solid beat across both top and bottom lines in Q3 2025, delivering adjusted diluted EPS of $0.85 against a consensus estimate of $0.82, a 4.15% positive surprise, while revenue of $1.72 billion edged past the $1.71 billion estimate… Read more McCormick posted a solid beat across both top and bottom lines in Q3 2025, delivering adjusted diluted EPS of $0.85 against a consensus estimate of $0.82, a 4.15% positive surprise, while revenue of $1.72 billion edged past the $1.71 billion estimate and grew 2.7% year over year. The standout driver was the Consumer segment, which expanded 3.8% to $973 million on volume gains and expanded distribution, even as gross margin contracted 130 basis points to 37.4% under pressure from higher commodity costs and tariffs. Effective SG&A management helped adjusted operating income grow 1.8% to $293.60 million, partially cushioning the margin headwind. Looking ahead, McCormick reaffirmed its fiscal 2025 net sales growth outlook of 0% to 2%, but trimmed its adjusted EPS guidance to $3.00 to $3.05 from $3.03 to $3.08, reflecting escalating tariff and commodity cost pressures. With shares down roughly 12% year to date, investors are weighing the company's durable brand momentum against a more cautious profitability outlook.
Key Takeaways
- • Fifth consecutive quarter of volume-led growth
- • Continued investments in brands, expanded distribution, and innovation
- • CCI program cost savings offsetting gross margin pressure
- • Lower SG&A expenses driven by reduced employee-related benefit costs and CCI streamlining
- • Consumer segment organic sales growth of 2.6% driven by volume and product mix
- • 1% favorable currency impact on net sales
MKC YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
MKC Revenue by Segment
With YoY comparisons, source: SEC Filings
“Our third quarter results marked our fifth consecutive quarter of volume-led growth, reflecting our differentiation and the benefit of continued investments in our brands, expanded distribution, and innovation. As a result of the dynamic global trade environment, our gross margin was further pressured by rising costs; however, we continued to drive operating profit growth through the effective execution of our cost savings initiatives. We remain disciplined on actions within our control and agile in adapting to external dynamics, positioning McCormick for sustained long-term growth.”
— Brendan M. Foley, Q3 2025 Earnings Press Release
MKC Earnings Trends
MKC vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
MKC EPS Trend
Earnings per share: estimate vs actual
MKC Revenue Trend
Quarterly revenue: estimate vs actual
MKC Quarterly Results
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 | — | — | — | — | — |
| Q1 26 | — | $0.66 | — | $1.87B | +4.77% |
| Q4 25 MISS FY | $0.87 | $0.86 | -1.15% | $1.85B | +0.26% |
| FY Full Year | $3.02 | $3.00 | -0.54% | $6.84B | +0.07% |
| Q3 25 BEAT | $0.82 | $0.85 | +4.15% | $1.72B | +0.75% |
| Q2 25 BEAT | $0.65 | $0.69 | +5.70% | $1.66B | -0.11% |
| Q1 25 MISS | $0.64 | $0.60 | -6.85% | $1.61B | -0.53% |