McCormick & Co (MKC) 2026 CAGNY Conference Prepared Remarks

McCormick & Company, Incorporated (MKC) at Consumer Analyst Group of New York Conference 2026

The presentation took place on February 17, 2026, at 5:00 PM EST, as part of the Consumer Analyst Group of New York Conference.

Company Participants

  • Brendan Foley – President, CEO & Chairman
  • Marcos Gabriel – Executive Vice President & Chief Financial Officer

Conference Call Participants

  • Andrew Lazar – Barclays Bank PLC, Research Division

Presentation

Operator

McCormick wishes to inform all participants that this discussion will include references to specific non-GAAP financial metrics. Detailed explanations of these non-GAAP measures, along with their reconciliations to the corresponding GAAP figures, are available in the company’s accompanying documentation. Furthermore, the presentation features projections and various forward-looking statements. It is important to note that actual outcomes may vary significantly from these projections. The company does not assume any duty to publicly update or modify these forward-looking statements, regardless of new information, subsequent events, or other influencing factors.

Andrew Lazar

Barclays Bank PLC, Research Division

Excellent. Good afternoon, everyone. We are delighted to welcome the leadership team from McCormick here with us today. As a quick note, this marks the final presentation of the day. Therefore, kindly ensure you gather all your personal items before leaving, as the room will be secured afterward due to upcoming rehearsals and other preparations.

Additionally, let us take a moment to express our gratitude to McCormick for their generous sponsorship of the reception that will follow this session. Attendees can anticipate an array of creatively flavored offerings that highlight the company’s expertise.

Instead of a traditional formal breakout session, McCormick’s management will be available to engage with participants at the reception, so please keep that in mind as you plan your interactions.

In the current landscape of the packaged food industry, which has presented numerous challenges, McCormick stands out as one of the few large-cap companies achieving steady volume growth. As Chairman, President, and CEO Brendan Foley often emphasizes, McCormick does not vie for consumer calories; rather, it enhances them with exceptional flavors. The audience eagerly anticipates insights into the company’s strategies and objectives for the upcoming fiscal year, particularly with some additional pricing adjustments on the horizon.

James Sterling

Senior financial analyst with over 15 years of experience in Wall Street markets. James specializes in macroeconomics, global market trends, and corporate business strategy. He provides deep insights into stock movements, earnings reports, and central bank policies to help investors navigate the complex world of traditional finance.

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