McCormick stock exits FTSE All-World Index before Q3 results

McCormick stock stood at USD 49.09 on the NYSE on September 23, 2026, down 0.67 percent from the prior close. The latest index review removed McCormick from the FTSE All-World Index, according to Yahoo Finance.

Index exit meets earnings date

The benchmark change matters mainly through index-tracking funds, which may adjust their holdings after the review. McCormick's next scheduled checkpoint is close: the company plans to release third-quarter fiscal 2026 results on October 1, 2026, according to its McCormick investor calendar.

The upcoming report will test whether the company's operating progress is translating into broader demand. The stock's USD 13,197,922,835 market capitalization on September 23, 2026, gives the earnings release a direct valuation impact.

Q2 growth relies on pricing

McCormick's second-quarter fiscal 2026 revenue reached USD 1.94 billion, up 16.7 percent from the same period a year earlier. Quarterly EPS was USD 0.80 versus a USD 0.69 consensus estimate, a USD 0.11 beat, according to MarketBeat.

The quality of that growth is more nuanced. In Q2 fiscal 2026, organic sales increased 1.7 percent, with pricing contributing 2.2 percent while total volume and mix declined 0.5 percent. Adjusted gross margin expanded 270 basis points to 40.2 percent, and adjusted operating income rose 30.1 percent to USD 336.4 million, according to The Globe and Mail. Pricing is therefore supporting sales, while volume remains the key variable for the next report.

Stock remains below yearly high

McCormick stock traded within a 52-week range of USD 44.82 to USD 72.41 as of September 23, 2026. The USD 49.09 reference price sits USD 23.32 below the yearly high, while fiscal 2026 EPS guidance stands at USD 3.05 to USD 3.13, according to MarketBeat.