Flavor manufacturer McCormick & Company released its financial results for the second quarter of 2025 and reaffirmed its fiscal outlook for the remainder of the year.
According to the company’s report, net sales increased 1% in the second quarter, and organic sales growth increased 2%, largely driven by volume growth. The company’s operating income in the second quarter was $246 million, compared to $234 during the same period last year.
“We are pleased with our strong results for the first half of the year, as we are managing in a dynamic environment,” chairman, president and chief executive officer Brendan Foley said. “Our continued volume-driven performance and share gains across core categories reflect the success of our prioritized investments in the areas that are driving the greatest value and will sustain our momentum for the remainder of 2025 and beyond.”
McCormick’s flavor solutions sales decreased by 1%, but the consumer segment increased 3% during the second quarter. Overall, gross profit for the quarter increased by $3 million compared to the same period last year.
Foley continued, “As consumer preferences evolve, we continue to execute on our proven strategies that are in alignment with consumer trends, with speed and agility to capture demand for flavor and value across all occasions and channels. Additionally, for this fiscal year, we are well-positioned with our robust plans to mitigate current tariff-related costs, fuel growth investments and expand operating margins. We remain confident in the sustained trajectory of our business and in our ability to achieve our 2025 outlook as well as our long-term objectives.”
