Jim Cramer on McCormick: "I Frankly Don't Know If It's Capable of Really Beating the Numbers Anymore"

McCormick & Company, Incorporated (NYSE:MKC) is one of the stocks on Jim Cramer’s game plan for this week. Cramer did not show much optimism around the company’s upcoming numbers, as he said:

"The food stocks have been miserable, but one that still has a premium multiple because of its impressive growth from yesteryear is McCormick. We’re going to, look, you know what, we have to see if that can stick. Now, I liked this stock before, when the growth was from overseas. I frankly don’t know if it’s capable of really beating the numbers anymore, though. The packaged food business, I’m calling it the new coal in this market."

McCormick & Company, Incorporated (NYSE:MKC) produces and sells spices, seasonings, condiments, and flavor products for consumers and food manufacturers. While discussing the stock during the October 3, 2025, episode’s game plan, Cramer noted that he just does not “trust the whole group.” He commented:

"Then we get results from the always reliable McCormick. Problem is, though, reliability hasn’t been enough to move the needle for this stock. The spice maker still has a premium multiple at a time when the packaged food group has fallen totally out of favor in this market. Let’s put it this way, if any food company can do well on a slowdown, it’s McCormick because spices are excellent trade down material. The stock’s down nearly 10% for the year and well off its high, so it has a fair chance to bounce, but I just don’t trust the whole group. Earlier this week, Conagra reported, and it bounced a tad on an inline number, so there’s some hope. But food’s now a tough business. It’s too hard for me."

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Disclosure: None. This article is originally published at Insider Monkey.