- Price
- $52.06
- Day
- +1.05%
- Mkt Cap
- $14.00B
- 52W Range
- $44.82 – $72.58
- Volume
- 1.69M
- Beta
- 0.63
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McCormick & Company Incorporated remains a Buy, with valuation offering a solid margin of safety and re-rating potential post-Unilever deal. Q2 delivered 16.9% YoY revenue growth, driven by the McCormick de Mexico acquisition and organic pricing, reaffirming 2026 guidance for sales and margin expansion. Risks include higher leverage post-deal, potential selling pressure from Unilever shareholders, and persistent consumer trade-downs to private labels impacting legacy brands.
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Unilever has agreed to protect employment terms of workers in its European and British food business for two years after the planned 2027 completion of its $65 billion merger of the unit with U.S. spice maker McCormick , according to a memo seen by Reuters.
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Combined Company to be Organized into Four Commercial Divisions Grounded in Flavor Leadership: Americas Consumer, International Consumer, Global Food Service, and Global Flavor Combined Executive Team to Bring Together Top Global Talent from Both Businesses Combined Company to Reflect Global Presence with Secondary Listing on London Stock Exchange and International Headquarters in the Netherlands HUNT VALLEY, Md., July 23, 2026 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC) ("McCormick"), today announces the planned operating model, Executive Team, and secondary listing location for the company following the closing of its proposed combination with Unilever's Foods business ("Unilever Foods")1, which is expected by mid-2027.
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The maker of spices and seasonings said the London listing would come in addition to its current listing on the New York Stock Exchange.
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These overlooked consumer staples could reward patient investors with reliable dividends and steady growth.
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If you are looking for dividend stocks, here's an industrial Dividend King, a leading food maker with a historically high yield, and a high-yield real estate giant.
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