McCormick's Aims to Improve Profitability This Year -- Market Talk

Dow Jones01-23

1135 ET - Last year didn't play out as McCormick & Co. expected, CEO Brendan Foley says on a call with analysts. Profitability was hurt by higher-than-expected inflation, as well as ongoing commodity cost volatility and macroeconomic uncertainty. Despite these challenges, the spice and seasonings maker chose to continue investing in its brands, capabilities and people, a move that Foley says further pressured its bottom line but will position the company for long-term growth. McCormick's focus for the coming year is to sustain its sales growth, while strengthening its profitability. Shares fall 7.6%. (connor.hart@wsj.com)

(END) Dow Jones Newswires

January 22, 2026 11:35 ET (16:35 GMT)

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