McCormick & Company reported solid third-quarter results with 2% organic sales growth, driven primarily by volume increases in the consumer segment despite pressures from rising commodity costs.

Key takeaways

• Fifth consecutive quarter of volume-led growth, with significant momentum in the Americas and EMEA.
• Despite headwinds in China's food service sector, continued positivity in the consumer segment signals confidence for a gradual recovery in 2025.
• Ongoing investments in brand innovation and digital transformation are supporting strategic market positioning amidst a challenging economic environment.
• Revised profitability outlook reflects the impact of rising costs; reaffirmed commitment to maintaining volume growth while managing profitability.
• Strong performance in spices and seasonings, outpacing private label growth and gaining market share across multiple key regions.

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