McCormick & Company, Incorporated (NYSE:MKC) is one of the 10 Best Stocks That Beat Earnings Estimates. On April 1, 2026, JPMorgan analyst Thomas Palmer lowered the price target on McCormick & Company, Incorporated (NYSE:MKC) to $64 from $67 and maintained an Overweight rating, noting the company is not receiving the “benefit of the doubt” from investors regarding its food deal.
On March 31, 2026, McCormick & Company, Incorporated (NYSE:MKC) reported Q1 revenue of $1.87B, above the $1.79B consensus estimate. CEO Brendan Foley said the company delivered growth in sales, operating income, and earnings per share, supported by the McCormick de Mexico acquisition and organic growth across both segments, alongside cost discipline that drove margin expansion.
The company reaffirmed its FY26 adjusted EPS guidance of $3.05-$3.13 versus $3.09 consensus and expects revenue growth of 13%-17%, with a projected tax rate of 24%. Management said volumes were in line with expectations and anticipates sequential improvement through the year, supported by brand investments, innovation, and distribution gains.
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McCormick & Company, Incorporated (NYSE:MKC) produces and sells spices, seasonings, and related food products globally.
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