In other recent news, McCormick & Company reported its first-quarter 2025 earnings, revealing a minor shortfall in earnings per share (EPS) compared to forecasts. The company posted an EPS of $0.60, which was below the anticipated $0.64, while revenue aligned with expectations at $1.61 billion. Despite the earnings miss, McCormick's organic sales increased by 2%, driven by a 3% rise in its Flavor Solutions segment and a 1% increase in its Consumer segment. Stifel analysts have maintained a Hold rating on McCormick shares, with a price target of $82, noting the company's strong first-quarter performance and reaffirmed guidance for 2025. McCormick's CEO, Brendan Foley, highlighted increased reformulation efforts among their consumer packaged goods and restaurant customers, aligning with broader industry trends towards healthier food options. The company continues to innovate within its product offerings, focusing on reducing sodium and developing health-conscious products.