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McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry.
It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts. This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and Drogheria & Alimentari, and Vahiné brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; and McCormick, Aeroplane, and Gourmet Garden brands in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers.
It serves foodservice customers directly and indirectly through distributors. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland.
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"Both shareholders win in this. What they get is a larger food company that's faster growing with stronger margins and an ability to really, kind of really, build out globally," says McCormick CEO Brendan Foley on the spice makers recent deal to combine its food business with Unilever.
McCormick CEO Brendan Foley joins 'Squawk on the Street' to discuss the company's deal with Unilever, how investors should digest the deal, where the company expects growth, and more.
HUNT VALLEY, Md., April 8, 2026 /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE: MKC) declared a quarterly dividend of $0.48 per share on its common stocks, payable April 27, 2026, to shareholders of record April 20, 2026.
Giant food mergers often don't work, but the McCormick-Unilever tie up could prove to be an exception.
MILWAUKEE, April 07, 2026 (GLOBE NEWSWIRE) -- Ademi LLP is investigating McCormick (NYSE: MKC) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with Unilever.
/PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws
NEW YORK, April 6, 2026 /PRNewswire/ -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2025 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating McCormick & Company, Incorporated (NYSE: MKC ) related to its merger with Unilever's Foods business.
McCormick & Company's NYSE: MKC share price has been under pressure for many quarters as tepid growth, macroeconomic headwinds, and deteriorating analyst sentiment have sapped investor confidence. However, despite the negative trends, this is a high-quality, blue-chip consumer staple now trading at a deep value level.
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McCormick and Company, Incorporated (NYSE: MKC - Get Free Report) has earned a consensus recommendation of "Hold" from the thirteen analysts that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the company.
McCormick and Company, Incorporated (NYSE: MKC) outlined its strategy, reviewed recent financial performance, and provided updates on a proposed combination with Unilever Foods during its annual shareholders' meeting, with Chairman, President, and CEO Brendan Foley emphasizing the company's "global leader in flavor" positioning and a focus on volume-led growth, innovation, digital transformation, and profitability. Proposed combination
MKC's strategic combination with Unilever Foods aims to expand global reach, enhance capabilities and drive long-term growth and margin improvement.
McCormick is making a move to get even bigger in the center of the grocery store. McCormick shareholders will own 35% of the new company.
Unilever PLC (LSE:ULVR) shares continued to fall on Wednesday as analysts appeared to be split on the longer-term value of its deal to spin off its foods arm into merger with McCormick & Co Inc (NYSE:MKC). Both stocks dropped 7% on Tuesday as investors questioned value creation and the complex structure, with the FTSE 100 group falling another 2.25% to 4,104p the day after.
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