What McCormick's latest 10-K says: 12 signals

McCormick filed its latest 10-K with the SEC on Jan 22, 2026. It discusses restructuring, restructuring charge and acquisition completed.

Public (MKC)Packaged Foods10,000+ employeesmccormickcorporation.comLinkedIn

Filed: Jan 22, 2026
Filings: 1
Signals: 12

10-K · latest 10

What McCormick's 10-K filings say

10-K
Filed Jan 22, 2026 · 12 signals
SEC EDGAR
- RestructuringPositive
  Completed $750M acquisition of McCormick de Mexico, increasing ownership to a 75% controlling interest.
  $750M
  Purchase price for additional 25% ownership in McCormick de Mexico
  75%
  Controlling ownership interest in McCormick de Mexico
- Restructuring chargeNeutral
  McCormick to incur integration costs in 2026 following $750M acquisition of McCormick de Mexico
  The recent $750M acquisition to gain a 75% controlling stake in McCormick de Mexico will require substantial integration efforts.
  $750M
  Purchase price for additional 25% ownership interest in McCormick de Mexico
- Market expansionPositive
  McCormick targets Latin America for strategic expansion following Mexico acquisition.
  The company explicitly states the McCormick de Mexico acquisition provides a strategic platform for further expansion in Latin America.
- Inflation impactNegative
  Expecting continued high inflation in 2026 for raw materials, packaging, labor, and transportation.
  Ongoing inflation in key inputs like dairy, pepper, and energy is squeezing margins and forcing price increases that risk reducing sales volume, creating a need for cost-control, procurement, and efficiency solutions.
- Restructuring chargeNegative
  Incurred $15.9M in severance costs from SG&A streamlining actions in 2025
  The company is actively restructuring to reduce fixed costs, recording $21.1M in special charges in 2025, with the majority ($15.9M) related to employee severance from streamlining its selling, general, and administrative functions.
  $15.9M
  Employee severance and related benefits from SG&A streamlining actions
- Customer concentrationNegative
  24% of 2025 sales from two customers, Wal-Mart and PepsiCo
  High revenue concentration with Wal-Mart (12%) and PepsiCo (12%) creates significant business risk and dependency.
  24%
  Consolidated sales from Wal-Mart and PepsiCo in 2025
- Margin pressureNegative
  Gross margin fell 60 basis points in 2025 due to rising commodity and conversion costs
  Despite pricing actions, gross profit margin declined from 38.5% to 37.9% due to increased commodity costs, tariffs, unfavorable product mix, and higher manufacturing conversion costs.
  -0.6%
  Basis point decrease in gross profit margin (60 bps)
- Platform strategyNeutral
  McCormick identifies AI and machine learning as critical to maintain competitive position.
  The company is concerned about competitors being more successful with data analytics and AI, stating failure to adopt these technologies could compromise its position.
  artificial intelligencemachine learningdata analytics
- RestructuringNeutral
  Recorded $15.9M in severance charges for SG&A streamlining and cost reduction actions.
  The company is actively restructuring to reduce fixed costs and improve competitiveness, indicating a focus on operational efficiency and a potential review of departmental spending, tools, and processes.
  $15.9M
  Employee severance and related benefits associated with SG&A streamlining actions
- Logistics challengeNegative
  Experiencing reduced transportation capacity and increased costs from third-party providers.
  Dependence on third-party trucking is a key vulnerability, with driver shortages and higher fuel costs leading to increased transportation expenses and potential delivery delays for both raw materials and finished goods.

Showing 10 of 12 filing signals. The Signal API returns all of them.

Get them with one API call

Signal API · MCP

Track McCormick with the Signal API

One POST /v1/companies/enrich call with mccormickcorporation.com returns McCormick 10-K signals (sec-10k), each with its source. Or ask Claude through MCP.

Start Free1,000 free creditsUse it in Claude via MCP

2 credits per signal returned; zero-result calls are free. Endpoint reference

curl -X POST https://signals.autobound.ai/v1/companies/enrich \
  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{
    "domain": "mccormickcorporation.com",
    "signal_types": ["sec-10k"],
    "limit": 20
  }'

Questions about McCormick 10-K

When did McCormick file its latest 10-K?

McCormick filed its latest 10-K on Jan 22, 2026.

What does McCormick's latest 10-K say about restructuring?

From the filing dated Jan 22, 2026: Completed $750M acquisition of McCormick de Mexico, increasing ownership to a 75% controlling interest.

Where can I find McCormick's annual report?

The full filing is on SEC EDGAR: https://www.sec.gov/Archives/edgar/data/63754/000006375426000037/mkc-20251130.htm. This page summarizes what the filing says and links to it.

Source. Annual reports (Form 10-K) filed with the SEC. Every card links to the filing on EDGAR.

Method. Insights are extracted from the filing text and grouped by category. Numbers are quoted from the filing.

Data as of Sep 30, 2026.

How this data is built →Get it from the Signal API →