McCormick & Company, Incorporated is a global flavor company with approximately $7 billion in annual sales across 150 countries and territories. The company manufactures, markets, and distributes herbs, spices, seasonings, condiments, and flavors to the entire food and beverage industry, including retailers, food manufacturers, and foodservice businesses. McCormick operates in two complementary segments: Consumer, which sells branded spices, seasonings, and condiments to retail channels, and Flavor Solutions, which provides flavor products, seasoning blends, and ingredients to food manufacturers, foodservice operators, and other commercial customers. Its portfolio includes brands such as McCormick, French's, Frank's RedHot, Stubb's, OLD BAY, Lawry's, Zatarain's, Cholula, Schwartz, Kamis, Club House, FONA, and Giotti. In January 2026, the company consolidated McCormick de Mexico by acquiring an additional 25% ownership stake to reach 75% controlling interest. In March 2026, McCormick announced a proposed combination with Unilever's Foods business (excluding India and certain other businesses), which would create a combined entity with approximately $20 billion in revenue, expected to close by mid-2027. Updated
A spice giant that survived every recession since the 1800s has never fallen this far from a peak, and dividend buyers now have to decide whether the staples derating makes it worth owning here.
Warren naming three food deals at once puts political pressure on the FTC review timeline, and deal spreads on Kroger, Sysco and McCormick are what widen if that scrutiny sticks.
Americans beware: 3 new mergers could drive food prices even higher.
Kroger + Giant Eagle
Sysco + Restaurant Depot
McCormick + Unilever
The Trump admin must not just rubber stamp these mergers.
The Mexico acquisition is already paying: it added 14.6 points to sales growth. Investors looked past special charges, including a $43.1 million impairment on a scrapped Malaysian pepper project.
McCormick reports at 6:30 AM ET with consensus at $0.76 EPS. With packaged food inflation squeezing peers, the spice maker's pricing power gets tested in the open.
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