McCormick (MKC) Reaffirms Outlook After Selloff But Is The Value Case Still Intact

McCormick (MKC) just reaffirmed its full year outlook, projecting net sales growth of 13% to 17% for fiscal 2026, after reporting mixed third quarter results and continuing integration work on recent deals. Recent trading tells a different story to the upbeat guidance. McCormick’s share price has fallen 18.65% over the past 30 days and is down 34.39% year to date, while the 1 year total shareholder return has declined 33.08%. This suggests momentum has weakened as investors reassess execution...