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McCormick10-Q: Capex increase

Visa boosts marketing spend 44% to $545M for Olympics and FIFA World Cup.

Source

SEC EDGARApr 28, 2026

Quarterly report (Form 10-Q)

McCormick 10-Q

Filing excerpt

Marketing expenses increased over the three and six-month prior-year comparable periods primarily due to higher spending for client marketing and various campaigns, both driven in part by the Olympic and Paralympic Winter Games Milano Cortina 2026 and the FIFA World Cup 2026TM.

sec.gov/Archives/edgar/data/1403161/000140316126000079/v-20260331.htmRead the full source

Other signals in this filing (11)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Capex increase

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
03/31
Filed
Apr 28, 2026

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The full record

From the Signal API record

Numbers

Dollar figure
$545M (Marketing expenses for the three months ended March 31, 2026)
Percent
44% (Year-over-year increase in quarterly marketing expense)

Details

CIK
1403161
Accession number
0001403161-26-000079
Timeframe
Current quarter
Filing year
2026
Fiscal year
0
Why it matters
Budget available
Signal category
Financial

Topics and mentions

Regions named

  • Europe

Extraction

Confidence
High
Relevance
90%
Sentiment
Positive
Detected
May 5, 2026
signal_type
sec-10q
signal_subtype
capexIncrease

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This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/7d8fad18-55cb-4f44-a5f3-10f2e56136b2 returns this record as JSON. POST /v1/companies/enrich returns every signal for mccormickcorporation.com.

{
  "signal_id": "7d8fad18-55cb-4f44-a5f3-10f2e56136b2",
  "signal_type": "sec-10q",
  "signal_subtype": "capexIncrease",
  "detected_at": "2026-05-05T08:48:21.833+00:00",
  "company": {
    "name": "McCormick",
    "domain": "mccormickcorporation.com"
  },
  "data": {
    "detail": "The significant 44% year-over-year increase in marketing spend highlights a major strategic budget allocation towards global sporting events. This creates opportunities for marketing technology, analytics vendors, and creative agencies to support these large-scale campaigns.",
    "metrics": {
      "pct": 0.44,
      "timeframe": "current_quarter",
      "pct_context": "Year-over-year increase in quarterly marketing expense",
      "dollar_context": "Marketing expenses for the three months ended March 31, 2026",
      "dollar_millions": 545
    },
    "summary": "Visa boosts marketing spend 44% to $545M for Olympics and FIFA World Cup.",
    "excerpts": "Marketing expenses increased over the three and six-month prior-year comparable periods primarily due to higher spending for client marketing and various campaigns, both driven in part by the Olympic and Paralympic Winter Games Milano Cortina 2026 and the FIFA World Cup 2026TM.",
    "relevance": 0.9,
    "sentiment": "positive",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1403161/000140316126000079/v-20260331.htm",
    "filing_date": "2026-04-28",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "03/31",
    "sales_relevance": "Budget available",
    "signal_category": "financial",
    "regions_mentioned": [
      "Europe"
    ]
  }
}

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