News

Spotify Rallies on Subscribers; Hermès falls on China Sales | Stock Movers

- Shares of Procter & Gamble (PG) moved higher ahead of the US market open after the company's sales and profits beat Wall Street expectations. Organic revenue rose 4% in the first quarter, the fastest growth in three years. - Shares of Spotify (SPOT) rallied after results and forecast spoke to improving margin trends. Spotify reported that the service's paying subscribers increased 2% to hit 306 million in the third quarter, topping Wall Street estimates of 305.1 million. - Hermès (RMS FP) reported disappointing sales in the third quarter on sluggish demand in China. Their 41% slump so far this year puts them on track for the worst annual performance since the company listed in 1993. - Shares of Lam Research (LRCX) fell in premarket trading after the semiconductor capital equipment company gave a forecast for adjusted second-quarter earnings slightly weaker than expected.

Yahoo·10:58

4 Top Dividend Stocks Yielding 4% or More to Buy Right Now for Passive Income

If you are looking for reliable high-yield dividend stocks, the out-of-favor consumer staples sector is full of them.

Yahoo·09:35

Unilever (LSE:ULVR) Sells Welly On A Debate Over Whether The Shares Are Fully Valued

Unilever (LSE:ULVR) has agreed to sell its Welly first-aid brand to private-equity firm Forward Consumer Partners. This move fits with management’s ongoing effort to simplify and refocus the wider product portfolio. Unilever’s share price has gained 7.72% over the past 90 days and 6.13% over the last month, with the recent Welly sale and earlier agreement to merge its food segment with McCormick arriving alongside a flatter year to date share price return of 1.70% and a 5 year total...

Yahoo·19:26MKC▼−1.0%

Jim Cramer and Elizabeth Warren criticize McCormick's $45B Unilever food merger — but for very different reasons

The deal would bring some of America’s biggest grocery brands under one roof, with $600 million in projected annual savings amid growing concerns about competition and consumer prices.

Yahoo·12:30MKC▼−1.0%

McCormick’s 4% Yield Comes With a Catch

McCormick & Company, Incorporated (NYSE:MKC) appeals to income-focused investors because of its popular consumer brands and its long record of raising dividends. In September 2026, the company announced a quarterly dividend of $0.48 per share, totaling $1.92 per year. With the stock price near $44.80, the yield is about 4.3%. For 102 years, McCormick has […]

Yahoo·12:49MKC▼−1.0%

Why McCormick Stock Stands Out As Investors Seek Defensive Dividend Shares

Inflation just surprised to the upside again, Fed rate-hike odds jumped, and bond yields are pressing multi decade highs, which suddenly makes cash and Treasuries feel comfortable. That shift pulls attention away from equities and toward companies that pay investors to wait. In this article, you will see three large cap, high dividend stocks from our U.S. screener that are directly exposed to this new rate and inflation story. The three dividend payers highlighted below are only a sample of...

Yahoo·14:13MKC▼−1.0%

McCormick: Add Spice To Your Portfolio

McCormick is a "Buy" given its strong Q3 2026 results, 4.2% forward yield, likely November dividend hike, and 24% upside. Click to learn more on MKC.

SeekingAlpha·04:00MKC1.0%

McCormick cites higher freight, input costs in lifting inflation forecast

The spice and seasoning maker is mitigating the impact through pricing and productivity measures, as well as the acquisition of a Mexico subsidiary.

Yahoo·11:15MKC▼−1.0%

McCormick (MKC) Stock Sees Fair Value Cut As Analysts Weigh Q3 And UL Foods Risk

McCormick now carries a lower fair value estimate on this model, with the price target moving from US$60.15 to US$54.85. This reset lines up with recent analyst commentary that balances confidence in Q3 execution against a more cautious stance on longer term growth, integration of the UL Foods deal, and Americas volume trends. As you read on, you will see how this evolving narrative on McCormick might shape your own view of the stock’s risk and return trade offs. Stay updated as the Fair...

Yahoo·14:07MKC▼−1.0%

Why McCormick Stock Got Slammed Last Month

An influential report flagged companies that are vulnerable to rising food costs in the U.S.

Yahoo·06:44MKC▼1.0%

Is McCormick’s (MKC) Modest Price Tag Hiding a Spicier Story?

At its core, McCormick & Company Incorporated (NYSE:MKC) remains a quintessential defensive consumer staple anchored by high-margin pricing power and decades of durable compounding. With a 39.3% adjusted gross profit margin, $598.8 million in year-to-date operating cash flow, and a reliable 3.93% dividend yield, the global flavor giant continues to generate cash while maintaining a […]

Yahoo·00:36MKC▼−1.0%

McCormick Stock Trades Cheap, Offers Dividend Growth and Unilever Deal Upside

McCormick trades near multi-year lows at roughly 15x current-year earnings, with a 4%-plus dividend yield, improving Q3 margins, and a pending Unilever foods merger set to close by mid-2026.

Yahoo·12:05MKC▼−1.0%

UBS Maintains Neutral on McCormick & Co, Lowers Price Target to $48

UBS analyst Peter Grom maintains McCormick & Co (NYSE:MKC) with a Neutral and lowers the price target from $52 to $48.

Benzinga·11:22MKC▼−1.0%

BNP Paribas Maintains Outperform on McCormick & Co, Lowers Price Target to $65

BNP Paribas analyst Max Gumport maintains McCormick & Co (NYSE:MKC) with a Outperform and lowers the price target from $75 to $65.

Benzinga·09:29MKC▼−1.0%

McCormick (MKC) Replaced Ernst And Young With KPMG As Auditor

McCormick (NYSE: MKC) removed Ernst & Young as its independent auditor following independence concerns tied to the planned Unilever Foods deal. The company appointed KPMG as its new external auditor to oversee financial reporting after the anticipated Unilever Foods transaction. Ernst & Young had served as McCormick's long term audit firm before being replaced in connection with the Unilever Foods integration plan. The auditor switch linked to the Unilever Foods transaction should not be the...

Yahoo·08:05MKC1.0%

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...

Yahoo·07:11MKC▼−1.0%

McCormick Analysts Slash Their Forecasts After Q3 Results

McCormick beats Q3 estimates with $2.02B sales and 86-cent EPS, reaffirms FY26 outlook; analysts cut price targets to $48.

Benzinga·07:05MKC▼1.0%

TD Cowen Maintains Hold on McCormick & Co, Lowers Price Target to $48

TD Cowen analyst Robert Moskow maintains McCormick & Co (NYSE:MKC) with a Hold and lowers the price target from $55 to $48.

Benzinga·06:28MKC▼−1.0%

McCormick (NYSE:MKC) Posts Better-Than-Expected Sales In Q3 2026

Food flavoring company McCormick (NYSE:MKC) announced better-than-expected revenue in Q3 2026, with sales up 17.4% year on year to $2.02 billion. Its non-GAAP profit of $0.86 per share was 13.8% above analysts’ consensus estimates.

Yahoo·07:38MKC▼−1.0%

McCormick stock rises 5% on beating estimates as acquisition boosts sales

Investment.com -- On Thursday, McCormick & Company (NYSE:MKC) reported third-quarter results that exceeded analyst expectations while reaffirming its full-year outlook. Shares of the company rose 4.79% in pre-market tradig following the announcement.

Yahoo·07:19MKC▼−1.0%

McCormick (MKC) Surpasses Q3 Earnings and Revenue Estimates

McCormick (MKC) delivered earnings and revenue surprises of +14.67% and +2.34%, respectively, for the quarter ended August 2026. Do the numbers hold clues to what lies ahead for the stock?

Yahoo·06:40MKC▼−1.0%

McCORMICK REPORTS SOLID THIRD QUARTER PERFORMANCE AND REAFFIRMS 2026 OUTLOOK

McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, today reported financial results for the third quarter ended August 31, 2026 and reaffirmed its outlook for fiscal 2026.

Yahoo·06:30MKC▼−1.0%

McCormick Readies for Q3 Earnings: What to Expect From MKC Stock?

McCormick heads into Q3 earnings with expected revenue growth, improving Consumer trends and Flavor Solutions momentum, while cost pressures remain.

Yahoo·07:51MKC▼−1.0%

Unveiling McCormick (MKC) Q3 Outlook: Wall Street Estimates for Key Metrics

Beyond analysts' top-and-bottom-line estimates for McCormick (MKC), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended August 2026.

Yahoo·08:15MKC▼−1.0%

McCormick & Company’s Quarterly Earnings Preview: What You Need to Know

McCormick & Company is set to report its Q3 earnings next month, with analysts expecting a single-digit year-over-year decline in EPS.

Yahoo·03:53MKC▼−1.0%

McCormick Declares $0.48 Quarterly Dividend

The Board of Directors of McCormick & Company, Incorporated (NYSE:MKC) declared a quarterly dividend of $0.48 per share on its common stocks, payable October 26, 2026, to shareholders of record October 13, 2026.

Yahoo·17:15MKC▼−1.0%

McCormick Likely to Keep Guidance at Fiscal Q3 Results, UBS Says

McCormick (MKC) is expected to reiterate fiscal 2026 guidance at its Q3 results on Oct. 1, UBS said

Yahoo·13:13MKC▼−1.0%

Earnings Preview: McCormick (MKC) Q3 Earnings Expected to Decline

McCormick (MKC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Yahoo·09:00MKC▼−1.0%

Did McCormick’s (MKC) FTSE All-World Removal Just Reframe Its Passive-Ownership Risk Profile?

On 19 September 2026, McCormick & Company was removed from the FTSE All-World Index (USD), altering its presence in a widely tracked global benchmark. This index exclusion matters because it can prompt index-tracking funds to adjust their holdings, potentially changing trading volumes and ownership patterns around McCormick. We’ll now examine how McCormick’s removal from the FTSE All-World Index may affect its existing investment narrative and risk profile. AI is about to change healthcare...

Yahoo·17:18MKC▼−1.0%

What Does McCormick (MKC) Leaving A Major World Index Mean?

McCormick (NYSE: MKC) has been removed from the FTSE All-World Index, according to the latest index review. The change affects passive funds and ETFs that track the FTSE All-World benchmark and previously held McCormick shares. Index removal can influence trading liquidity for McCormick as index-tracking investors adjust their portfolios. McCormick's exit from the FTSE All-World Index comes alongside other shifts our research has identified in the wider story. We have also flagged 5 other...

Yahoo

McCormick Likely To Report Lower Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

McCormick will report Q3 earnings Oct. 1; analysts expect EPS to fall to $0.76 while revenue rises to $1.98B.

Benzinga·23:24MKC▼−1.0%

McCormick-Unilever Food Deal Faces UK Competition Review: What it Means for Investors

The UK Competition and Markets Authority (CMA) has opened a Phase 1 investigation into the proposed $65 billion merger between McCormick & Company, Incorporated (NYSE:MKC) and Unilever PLC (NYSE:UL)’s food business, assessing whether the transaction could reduce competition in UK food markets. The CMA has set November 11, 2026, as the deadline for its initial […]

Yahoo·21:47MKC▼−1.0%

Hormel’s 60-Year Dividend Streak Masks a Troubling Reality: Raises Are Shrinking

Sixty years of uninterrupted dividend raises sounds like a triumph, but a closer look at Hormel's latest increase reveals a streak that is surviving on thinner and thinner margins with each passing year.

Yahoo·08:48

Is McCormick Stock Underperforming the Dow?

Though McCormick has underperformed relative to the Dow over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.

Yahoo·22:42MKC▼−1.0%

JP Morgan Maintains Overweight on McCormick & Co, Lowers Price Target to $62

JP Morgan analyst Thomas Palmer maintains McCormick & Co (NYSE:MKC) with a Overweight and lowers the price target from $63 to $62.

Benzinga·07:14MKC▼−1.0%

Update: Unilever Offers Shorter Worker Safeguards Outside Europe in McCormick Deal

(Updates with Unilever's response in the fifth paragraph.) Unilever (UL) plans to give shorter sa

Yahoo·05:36MKC▼−1.0%

Unilever accused of “double standards” for workers post McCormick merger

IUF acting general secretary Kristjan Bragason said Unilever and McCormick must ensure “all workers are granted the same protections and rights”.

Yahoo·08:46MKC▼−1.0%

McCormick: Buy This Dividend Aristocrat Near Its 52-Week Low

McCormick (MKC) stock looks undervalued at 16x earnings with 3.8% yield, organic growth, and EPS upside.

SeekingAlpha·07:30MKC▼−1.0%

McCormick and Unilever’s $45B merger under investigation in UK

The companies, which expect to close their transaction in 2027, are already looking to sell Colman’s mustard “to address potential competition concerns.”

Yahoo·05:00MKC▼−1.0%

Unilever-McCormick deal comes under scrutiny of UK watchdog

The Competition and Markets Authority has started a Phase 1 enquiry after inviting feedback on the $44.8bn transaction.

Yahoo·10:18MKC▼−1.0%

TD Cowen Downgrades McCormick & Company to Hold from Buy

Fintel·15:57MKC▼−1.0%

TD Cowen Downgrades McCormick & Co to Hold, Lowers Price Target to $55

TD Cowen analyst Robert Moskow downgrades McCormick & Co (NYSE:MKC) from Buy to Hold and lowers the price target from $60 to $55.

Benzinga·06:05MKC▼−1.0%

Unilever: 15-Year-High Volume Growth Isn't Enough

Unilever delivered its strongest volume growth in over 15 years, with Q2 underlying sales up 5.8% and improving margins. Read why UL stock is a hold.

SeekingAlpha·23:55

McCormick & Company, Incorporated (MKC) Presents at Barclays 19th Annual Global Consumer Staples Conference - Slideshow

2026-09-09. The following slide deck was published by McCormick & Company, Incorporated in conjunction with this event.

SeekingAlpha·17:03MKC▼−1.0%

McCormick & Company, Incorporated (MKC) Presents at Barclays 19th Annual Global Consumer Staples Conference Prepared Remarks Transcript

SeekingAlpha·08:47MKC▼−1.0%

McCormick: An Attractive Opportunity For Long-Term Growth

McCormick's adjusted operating income rose 30.1% in Q2 and 24.8% in H1, with margins expanding. See why I rate MKC stock a Buy now.

SeekingAlpha·03:58MKC▼−1.0%

Unilever (LSE:ULVR) Stock Looks Cheap On Cash Flow Yet Fair On Earnings

Unilever stock has delivered a 33.1% gain over the past five years, yet the current share price around US$47.76 screens as only a mixed value story, with the Discounted Cash Flow (DCF) intrinsic value estimate suggesting the shares trade at roughly a 22.9% discount. Recent headlines around the planned sale of Colman's mustard as part of the wider merger of Unilever's food operations with McCormick also put the focus firmly on what investors are paying for the core business today. Over five...

Yahoo·18:07MKC▼−1.0%

McCormick & Company to Report 2026 Third Quarter Financial Results on October 1, 2026

McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, is scheduled to conduct a conference call and webcast of its third quarter 2026 financial results on Thursday, October 1, 2026, at 8:00 a.m. Eastern Time. Brendan Foley, Chairman, President & CEO; Marcos Gabriel, Executive Vice President & CFO; and Faten Freiha, Vice President of Investor Relations will be hosting the call. A live audio webcast of the call along with the accompanying presentation materials will be availabl

Yahoo·09:00

Unilever, McCormick to put Colman’s up for sale

Ahead of the planned deal to combine the bulk of Unilever’s food business with McCormick, the UK group’s mustard brand is going on the block.

Yahoo·11:52MKC▼−1.0%

Update: Market Chatter: Unilever Puts Colman's Mustard Brand Up for Sale Amid McCormick Deal

(Updates to add Unilever's comment in the fifth and sixth paragraphs.) Unilever (UL) has hired Ro

Yahoo·09:58MKC▼−1.0%

McCormick & Company to Present at the Barclays 19th Annual Global Consumer Conference

McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, will present at the Barclays 19th Annual Global Consumer Conference at 10:30 a.m. ET on Wednesday, September 9, 2026. Representing McCormick will be Brendan Foley, Chairman, President and CEO, and Marcos Gabriel, Executive Vice President and CFO. A live audio webcast of the presentation will be available via the McCormick website, ir.mccormick.com. A replay will be available following the event through the same website.

Yahoo·09:00MKC▼−1.0%

McCormick & Company Stock Outlook: Is Wall Street Bullish or Bearish?

Despite lagging the broader market over the past year, McCormick continues to earn moderate confidence from Wall Street, with analysts maintaining a cautiously optimistic outlook on the stock’s prospects.

Yahoo·08:28MKC

Is McCormick’s (MKC) Black Currant Menu Push a Subtle Bet on Brand-Led Growth?

McCormick & Company recently extended its 2026 Flavor of the Year, Black Currant, into limited-time collaborations with Prince St. Pizza and Go Greek Yogurt, introducing a dessert pizza and probiotic-rich frozen yogurt that ran nationwide through late September. By moving Black Currant beyond the spice aisle and into partner menus, McCormick is testing how flavor-led collaborations can broaden brand reach and reinforce its Flavor Forecast as a commercial growth platform. Next, we’ll examine...

Yahoo·23:19MKC▼−1.0%

CFOs On the Move: Week ending Aug. 7

Best Buy names a new chief financial officer, ConocoPhillips promotes its finance chief to CEO and Zoetis hires GE HealthCare’s CFO.

Yahoo·05:42

McCormick: A Spicy Total Returns Opportunity

McCormick stock is rated a "Buy" given its 19% undervaluation, Q2 beat, 3.7% yield, and Unilever Foods deal upside. Learn more.

SeekingAlpha·04:00MKC▼−1.0%

Top 25 Dividend Stock Opportunities For August 2026

SeekingAlpha·18:38

Baker McKenzie leads consumer M&A law firms in H1 – data

According to GlobalData figures, Baker McKenzie was the sector’s top M&A legal adviser by volume of deals.

Yahoo·05:00