premarketdaily18h ago

$MKC missed Q1 EPS by $0.04 — $0.60 vs $0.64 consensus — and is down 8.67% premarket. Revenue landed broadly in line at $1.80B. The culprit: commodity inflation, tariff costs, and ERP timing expenses. The Iran war has reached the grocery aisle. Full-year guidance of $3.05–$3.13 maintained — but the market isn't buying it yet.

🔗 https://premarketdaily.com/mccormick-mkc-misses-q1-eps-by-0-04-stock-falls-8-67-premarket-commodity-inflation-and-tariff-costs-hit-the-spice-giants-margins-as-the-iran-oil-shock-reaches-the-grocery-aisle/

#MKC #McCormick #EarningsMiss #ConsumerStaples #IranWar #CommodityInflation #PreMarketMovers

McCormick (MKC) misses Q1 EPS by $0.04, stock falls 8.67% premarket — commodity inflation and tariff costs hit the spice giant’s margins as the Iran oil shock reaches the grocery aisle

NEW YORK, March 31, 2026 — McCormick & Company (NYSE: MKC) reported Q1 FY2026 results before the bell this morning, delivering an EPS of $0.60 against analyst consensus of $0.64 — a miss of $0.04, or approximately 6.25%, representing a negative EPS surprise of –1.15%. The revenue figure came in broadly in line at approximately

PreMarketDaily
Yonhap Infomax NewsJun 18, 2025
Fed Chair Powell signals commodity inflation is rising and likely to accelerate through the summer, raising concerns over persistent price pressures.
#YonhapInfomax #Powell #CommodityInflation #Fed #Summer #PricePressures #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=68248
Powell Says Commodity Inflation Edges Higher—Expects Further Increases Throughout Summer

Fed Chair Powell signals commodity inflation is rising and likely to accelerate through the summer, raising concerns over persistent price pressures.

Yonhap Infomax