McCormick sees FY25 adjusted EPS $3.03-$3.08, consensus $3.12

Sees FY25 revenue flat to up 2%, consensus $6.86B. The company said, “McCormick’s (MKC) fiscal 2025 outlook continues to reflect the Company’s prioritized investments in key categories to strengthen volume trends and drive long-term profitable growth while appreciating the uncertainty of the consumer and macro environment. The Company’s CCI program is continuing to fuel growth investments while also driving operating margin expansion. The Company expects foreign currency rates to unfavorably impact sales by 1%, adjusted operating income by 1%, and adjusted earnings per share by 2%.”