0836 ET - Consumers are showing resilience despite a challenging economic environment. "They are adapting to economic pressures by adjusting how they shop--making more frequent trips with fewer units per basket, choosing larger pack sizes to stretch their budgets and increasingly using leftovers," McCormick & Co. CEO Brendan Foley says on a call with analysts. Consumers are also cooking at home more often. McCormick is benefiting from this trend, Foley says, as consumers are buying more spices and seasonings to enhance home-cooked meals. "We're not competing for calories," he says. "We're flavoring them." McCormick shares rise 5% premarket.(connor.hart@wsj.com)
(END) Dow Jones Newswires
June 26, 2025 08:36 ET (12:36 GMT)
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