$MKC

McCormick & Company (MKC) announced that Board member Anne Bramman will resign effective November 30, 2026, due to her new role as CFO of Best Buy (BBY). She will step down as Audit Committee Chair on September 1, 2026, with Valarie Sheppard taking over. The resignation is not related to any disputes with McCormick. GuruFocus estimates MKC's fair value at $80.88, suggesting it is undervalued by 31.6%.

MCCORMICK & CO INC (MKC) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 25, 2026, Anne Bramnan, a member of the Board of Directors (the “Board”) of McCormick & Company, Incorporated (th

Unilever is selling the Colman's Mustard brand, known for its Norwich factory, ahead of its merger with McCormick. The sale aims to address competition concerns, according to Unilever. The brand has historical ties to the region, dating back to 1814.

Unilever is selling Colman's Mustard ahead of its £48bn merger with McCormick, citing potential regulatory concerns. McCormick already owns French's Mustard. Unilever aims to address competition issues, with Rothschild tasked to find a buyer. The sale is part of a larger deal involving brands like Hellmann's and Knorr.

Unilever and McCormick & Co. plan to sell Colman's mustard brand to address potential competition concerns ahead of their $44.8bn food business merger. Unilever will receive McCormick stock and $15.7bn in cash. The deal excludes certain assets, including Colman's, which is now being marketed to buyers.

McCormick (MKC) reported that its Chief Human Relations Officer, Sarah Piper, acquired 45.168 Phantom Stock units at $56.20 each and 20.520 shares of Common Stock at $52.22 per share via dividend reinvestment. She now directly holds 9,058.46 shares of Common Stock. The transactions were not part of a Rule 10b5-1 trading plan.

Australia's competition regulator is reviewing McCormick & Company's planned acquisition of Unilever's global foods business, excluding certain businesses in India, Nepal, and Portugal.

McCormick & Company (MKC) shares rose 2% premarket after Q2 earnings beat expectations, with net sales of $1.94B and EPS of $0.80. CEO Foley cited margin strength despite inflation and Middle East conflict costs, reaffirming 2026 guidance for 13-17% sales growth and EPS of $3.05-$3.13.

In 2026, major US business deals included SpaceX's $250B merger with xAI, valuing the combined entity at $1.25T; Paramount's $110B acquisition of Warner Bros. Discovery; SpaceX's $60B acquisition of AI startup Cursor; Devon Energy and Coterra Energy's $58B merger; and Unilever's $66B merger with McCormick. Some deals faced regulatory scrutiny and shareholder concerns.

Bank of America analysts said US packaged food price cuts over the past year did not lift sales volumes, leading companies to pursue different revenue strategies. The bank highlighted Mondelez (MDLZ) and J.M. Smucker, and discussed peers including Kraft Heinz, Hershey, Conagra, General Mills, McCormick, Campbell Soup, and PepsiCo’s Frito-Lay. It also linked a pricing-led shift to potential factory closures.