McCormick to Present at CAGNY Conference
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4d ago
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Source: Newsfilter
- Conference Schedule: McCormick & Company will present at the CAGNY Conference on February 17, 2026, at 5:00 p.m. ET, featuring Brendan Foley, Chairman and CEO, alongside Marcos Gabriel, EVP and CFO, highlighting its leadership in the global flavor market.
- Live Webcast: The presentation will be streamed live on McCormick's official website, with a replay available post-event, ensuring a broader audience can access the company's latest updates and strategic direction.
- Company Background: Founded in 1889 and headquartered in Hunt Valley, Maryland, McCormick boasts approximately $7 billion in annual sales across 150 countries, focusing on the production and distribution of spices, seasonings, and flavors to meet global food and beverage industry demands.
- Market Positioning: By leveraging synergies between its Consumer and Flavor Solutions segments, the company utilizes scale, insights, and technology to drive sustainable growth, further solidifying its competitive edge in the global flavor market.
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Analyst Views on MKC
Wall Street analysts forecast MKC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MKC is 83.67 USD with a low forecast of 75.00 USD and a high forecast of 89.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 61.320
Low
75.00
Averages
83.67
High
89.00
Current: 61.320
Low
75.00
Averages
83.67
High
89.00
About MKC
McCormick & Company, Incorporated manufactures, markets, and distributes herbs, spices, seasonings, condiments and flavors to the entire food and beverage industry, including retailers, food manufacturers and foodservice businesses. It operates through two segments: consumer and flavor solutions. The consumer segment sells to retail channels, including grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce under the McCormick brand and a variety of brands around the world, including French's, Frank's RedHot, Lawry’s, Zatarain’s, Simply Asia, Thai Kitchen, Ducros, Vahine, Cholula, Schwartz, Club House, Kamis, DaQiao, La Drogheria, Stubb's, OLD BAY, Gourmet Garden, and others. In its flavor solutions segment, it provides a range of products to multinational food manufacturers and foodservice customers. The foodservice customers are supplied with branded, packaged products both directly by the Company and indirectly through distributors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
McCormick Rated as Low-Risk Retirement Stock Despite Q4 Weakness
- Earnings Warning: McCormick's organic sales in Q4 fell short of expectations, primarily due to weaker performance in Americas Flavor Solutions, leading to a negative market reaction to its earnings report and impacting stock performance.
- Earnings Forecast Cut: BofA lowered McCormick's FY26 EPS estimate from $3.21 to $3.09, reflecting the pressure from a gross margin miss of approximately 150 basis points in Q4, indicating significant profitability challenges ahead for the company.
- Cost Pressures Intensify: McCormick expects an additional $50 million in costs in FY26 due to tariffs and rising commodity prices, with the CEO noting that about 50% of the tariffs remain in effect, exacerbating inflationary pressures on margins.
- Long-Term Outlook: Despite near-term pressures, Deutsche Bank analysts believe McCormick could benefit from steady demand and its acquisition of McCormick de Mexico, indicating potential resilience in the market.
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McCormick to Present at CAGNY Conference
- Conference Schedule: McCormick will present at the Consumer Analyst Group of New York (CAGNY) Conference on February 17, 2026, at 5:00 p.m. ET, highlighting its leadership in the global flavor market, which is expected to attract investor and industry analyst attention.
- Executive Attendance: Chairman and CEO Brendan Foley, along with CFO Marcos Gabriel, will represent McCormick, showcasing the company's strategy and future direction, thereby enhancing investor confidence.
- Live Webcast: The presentation will be webcast live via McCormick's website, allowing a global audience to stay updated on the company's latest developments, with a replay available post-event to further enhance transparency and investor engagement.
- Company Background: Founded in 1889, McCormick has approximately $7 billion in annual sales across 150 countries, leveraging a diverse product portfolio and market insights to meet consumer demand for flavor, driving sustainable growth.
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