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McCormick10-Q: Capex increase

Visa's personnel costs up 11% YoY, driven by hiring for growth initiatives.

What happened

The 11% increase in personnel expenses indicates significant hiring, particularly in areas related to long-term growth and recent acquisitions.

Source

SEC EDGARApr 28, 2026

Quarterly report (Form 10-Q)

McCormick 10-Q

Filing excerpt

Personnel expenses increased over the three and six-month prior-year comparable periods primarily due to a higher number of employees and compensation focused on areas that will drive higher long-term growth, including acquisitions.

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

More 10-Q signals at other companies

The full record

From the Signal API record

Numbers

Dollar figure
$1.8B (Personnel expenses for the three months ended March 31, 2026)
Percent
11% (Year-over-year increase in quarterly personnel 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

Extraction

Confidence
High
Relevance
80%
Sentiment
Positive
Detected
May 5, 2026
signal_type
sec-10q
signal_subtype
capexIncrease

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The API returns more than this page shows

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/bcb27fb4-3ab9-483e-b1eb-5427cc73af17 returns this record as JSON. POST /v1/companies/enrich returns every signal for mccormickcorporation.com.

{
  "signal_id": "bcb27fb4-3ab9-483e-b1eb-5427cc73af17",
  "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 11% increase in personnel expenses indicates significant hiring, particularly in areas related to long-term growth and recent acquisitions. This expansion creates opportunities for vendors providing HR, payroll, onboarding, and IT solutions to support a larger workforce.",
    "metrics": {
      "pct": 0.11,
      "timeframe": "current_quarter",
      "pct_context": "Year-over-year increase in quarterly personnel expense",
      "dollar_context": "Personnel expenses for the three months ended March 31, 2026",
      "dollar_millions": 1841
    },
    "summary": "Visa's personnel costs up 11% YoY, driven by hiring for growth initiatives.",
    "excerpts": "Personnel expenses increased over the three and six-month prior-year comparable periods primarily due to a higher number of employees and compensation focused on areas that will drive higher long-term growth, including acquisitions.",
    "relevance": 0.8,
    "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"
  }
}

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