McCormick Cuts 2025 Profit Outlook Amid Rising Costs Tariffs

McCormick & Company reported third-quarter earnings that surpassed analyst estimates with adjusted EPS of 85 cents and sales of $1.724 billion, driven by volume growth and favorable currency impacts. Despite these strong results, the company trimmed its full-year 2025 adjusted EPS outlook to $3.00-$3.05 per share, down from previous guidance, due to rising commodity costs, tariffs, and inflationary pressures. Operating profit growth expectations were also lowered, with full-year operating profit now projected to grow between 1-3% on a reported basis. McCormick highlighted its ongoing investments in growth plans and cost-saving initiatives to offset these challenges, including advanced sourcing analytics and revenue management. The company maintained its revenue growth outlook but noted that its guidance does not include potential new tariffs that may arise during the remainder of 2025. Overall, McCormick's results reflect resilience amid inflationary headwinds and a cautious outlook regarding cost pressures and tariffs.