McCormick: Fiscal Q1 Earnings Snapshot

By The Associated Press
March 31, 2026 | 6:39 AM

HUNT VALLEY, Md. (AP) — HUNT VALLEY, Md. (AP) — McCormick & Co. (MKC) on Tuesday reported fiscal first-quarter net income of $1.02 billion.

The Hunt Valley, Maryland-based company said it had net income of $3.77 per share. Earnings, adjusted for non-recurring gains, came to 66 cents per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 61 cents per share.

The spices and seasonings company posted revenue of $1.87 billion in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $1.79 billion.

McCormick expects full-year earnings in the range of $3.05 to $3.13 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MKC at https://www.zacks.com/ap/MKC

Trump calls Iran conflict ‘small potatoes’ and defends Vance’s position that it’s not a ‘war’

By The Associated Press
September 4, 2026 | 6:52 PM

WASHINGTON (AP) — President Donald Trump on Friday said the conflict in Iran is “small potatoes” as he defended Vice President JD Vance for asserting that months of on-and-off attacks in the Middle East are not a “war.” Asked during an Oval Office exchange about Vance’s comments made a day earlier, Trump said U.S. strikes on Iran are now “intermittent” and “a lot of people don’t call it a war." The conflict has cost U.S. taxpayers more than $37.5 billion and left 18 U.S. service members dead. “I can understand what he’s saying,” said Trump. He added: “I call it a military conflict because it’s small potatoes for us. It's not a big thing." Vance, during a White House press briefing Thursday, rejected the use of the word “war” to describe the U.S. fighting with Iran and steered clear of predicting that the 6-month-old conflict would be over by November’s midterm elections, in which Republicans are trying to hang on to their narrow majorities in Congress.

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