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BUZZ - McCormick's third-quarter sales exceed expectations, stock price rises

BUZZ - McCormick's third-quarter sales exceed expectations, stock price rises

路透社路透社2026/10/01 10:51
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- ** The stock price of Cholula hot sauce maker McCormick MKC.N rose about 5% in pre-market trading, at $48.51

** The company's (link) third-quarter sales exceeded market expectations, thanks to strong demand for its seasonings and sauces, despite tighter consumer budgets and macroeconomic uncertainty

** Third-quarter sales were $2.02 billion, above the expected $1.98 billion—data compiled by LSEG

** Quarterly adjusted profit rose 1.2% to 86 cents per share

** The company reiterated its full-year profit and sales forecasts

** As of the previous trading day's close, the stock had fallen about 32% year to date


(To assist non-English speakers, Reuters provides automated translations of its reports into several other languages. Because automated translation may contain errors or fail to capture the intended context, Reuters does not guarantee the accuracy of the automated translation, which is offered solely for reader convenience. Reuters accepts no liability for any damage or loss arising from the use of this automated translation.)

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