McCormick & Company, founded in Baltimore in 1889 and now headquartered in Hunt Valley, Maryland, is one of the largest spice and seasoning companies in the world. It sells under brands including McCormick, French's, Frank's RedHot, Cholula, Lawry's, Old Bay and Zatarain's, and it supplies flavors to food manufacturers and restaurant chains. It reported FY2025 net sales of $6.84 billion and is led by Chairman, President and CEO Brendan M. Foley.
McCormick makes money by selling flavor in two ways. The Consumer segment (roughly 57% of sales in FY2024) sells branded products such as McCormick spices, French's mustard, Frank's RedHot, Cholula, Lawry's, Old Bay, Zatarain's, Club House, Ducros, Schwartz and Kamis to retailers, plus private-label spices in some markets. Flavor Solutions (roughly 43%) sells seasonings, flavors and coatings to food and beverage manufacturers and foodservice customers, often formulated for a single customer product. Retail brands carry higher margins; Flavor Solutions adds volume, customer stickiness and technical scale.