McCormick stock tumbles as MKC flags tariff costs and a softer 2026 profit outlook
New York, January 22, 2026, 15:03 ET — Regular session Shares of McCormick & Co dropped 7.9% to $61.27 in Thursday’s afternoon session, following the company’s warning about rising tariff and commodity expenses. The spice maker also issued a 2026 profit forecast that came in under Wall Street’s estimates. This move is significant since McCormick, a key player in staples…
