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Description

The provided text consists of excerpts from McCormick & Company, Incorporated's Form 10-Q, a Quarterly Report filed with the United States Securities and Exchange Commission for the period ending August 31, 2025. This regulatory filing offers a comprehensive financial and operational overview of the company, including condensed consolidated financial statements such as the income statement, balance sheet, and cash flow statement, presented with comparative data for 2024. Furthermore, the report contains a Management’s Discussion and Analysis (MD&A) section, which details the company's performance, provides a 2025 financial outlook, and explains key items like special charges, segment results for the Consumer and Flavor Solutions divisions, and non-GAAP financial measures. Finally, the document discusses market risk sensitivity, liquidity, and recent events, including a definitive agreement to acquire an additional ownership interest in the McCormick de Mexico joint venture.