McCormick & Firm, Integrated (NYSE: MKC) reported its first quarter 2025 earnings outcomes at this time.
Web gross sales of $1.61 billion remained comparatively unchanged from the year-ago interval. Natural gross sales grew 2%.
Web revenue decreased 2.2% to $162.3 million whereas earnings per share declined 3.2% to $0.60 in comparison with final yr. Adjusted EPS fell 4.8% to $0.60.
Earnings missed expectations whereas income got here in line.
For fiscal yr 2025, the corporate expects web gross sales progress of 0-2% on a reported foundation and 1-3% on a continuing forex foundation. GAAP EPS is anticipated to be $2.99-3.04 and adjusted EPS is anticipated to be $3.03-3.08.
The inventory fell over 6% in premarket hours on Tuesday.
Prior efficiency
