McCormick & Co. reported higher sales in its fiscal second quarter, as it continues work to combine with Unilever's food business.

The maker of spices and seasonings on Thursday posted net income of $150.1 million, or 56 cents a share, for its three months ended May 31, compared with $175 million, or 65 cents a share, a year earlier.

Stripping out one-time items, earnings came in at 80 cents a share. Analysts polled by FactSet expected adjusted earnings of 69 cents a share.

Quarterly sales climbed 17% to $1.94 billion, just ahead of Wall Street models for $1.91 billion.

Sales across the company's consumer segment jumped 23%, largely thanks to its acquisition of McCormick de Mexico. Sales across its flavor-solutions business rose 8.9%.

On an organic basis, sales ticked up 1.7%, driven by price.

Chief Executive Brendan Foley said McCormick effectively managed elevated inflation and incremental costs related to the war in the Middle East, leveraging productivity initiatives and cost-savings programs to improve margins.

"We are also advancing integration planning for the proposed combination with Unilever Foods," he said, adding the deal will accelerate the company's growth strategy. "Our teams are working with focus and discipline to ensure we are well positioned to realize the anticipated strategic and financial benefits after the close."

Looking ahead, McCormick continues to expect net sales to climb 13% to 17% for its year ending Nov. 30. The company also reiterated its full-year forecast for organic sales growth of 1% to 3%, and for adjusted earnings to come in between $3.05 and $3.13 a share.

Analysts are looking for sales of $7.89 billion in 2026, which would represent a 15% increase from last year, as well as adjusted earnings of $3.09 a share.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

June 25, 2026 07:00 ET (11:00 GMT)

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