The spice and ingredients maker plans to use the returned funds to help mitigate higher logistics and material costs tied to the conflict.
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Dive Brief
The spice and ingredients maker plans to use the returned funds to help mitigate higher logistics and material costs tied to the conflict.
Published July 2, 2026
McCormick & Co. spices at a Washington, D.C., area grocery store. McCormick expects the Iran war to contribute significantly to cost inflation, tracking at about 6% for the fiscal year, EVP and CFO Marcos Gabriel said.
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