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MKC / McCormick tops profit and sales expectations, as continued higher at-home consumption helps offset inflation

McCormick tops profit and sales expectations, as continued higher at-home consumption helps offset inflation
McCormick & Co. Inc. MKC, -0.31% reported Tuesday fiscal first-quarter profit and sales that topped expectations, as higher at-home consumption compared with pre-pandemic levels helped offset higher inflation and supply-chain challenges. The spices and seasoning mixes company's stock was still inactive in premarket trading. Read More
Posted: Mar 29 2022, 07:43
Author Name: Market Watch
Views: 102557

MKC News  

1 Magnificent S&P 500 Dividend Stock Down 33% to Buy Hand Over Fist

By The Motley Fool
October 14, 2023

1 Magnificent S&P 500 Dividend Stock Down 33% to Buy Hand Over Fist

McCormick dominates the global spice industry and is twice as big as its two largest peers combined. However, inflation took a significant bite out of more_horizontal

McCormick CEO: Grocery Shoppers Want Value Without Sacrificing Brand Names

By PYMNTS
October 4, 2023

McCormick CEO: Grocery Shoppers Want Value Without Sacrificing Brand Names

Even as consumers seek out low-cost options, they choose brand names when given a budget-friendly choice, according to McCormick. The flavors and seas more_horizontal

With rates going nuts McCormick won't get credit for cinsistent growth, says Jim Cramer

By CNBC Television
October 3, 2023

With rates going nuts McCormick won't get credit for consistent growth, says Jim Cramer

By CNBC Television
October 3, 2023

Why McCormick & Company Stock Dropped Today

By The Motley Fool
October 3, 2023

Why McCormick & Company Stock Dropped Today

McCormick & Company is growing net sales and profits just not as fast as investors had hoped. Weak results in China seem to be the primary culprit for more_horizontal

McCormick Sees Demand Fall in China, and Shares Sink

By Investopedia
October 3, 2023

McCormick Sees Demand Fall in China, and Shares Sink

McCormick & Company (MKC) sales were less than expected as demand in China slowed. The news sent shares tumbling. more_horizontal

McCormick (MKC) Q3 Earnings Match Estimates, EPS View Up

By Zacks Investment Research
October 3, 2023

McCormick (MKC) Q3 Earnings Match Estimates, EPS View Up

McCormick's (MKC) third-quarter fiscal 2023 results reflect gains from higher pricing, favorable demand and cost optimization. Management raises the b more_horizontal

Cramer's Mad Dash: McCormick & Company

By CNBC Television
October 3, 2023

Cramer's Mad Dash: McCormick & Company

CNBC's Jim Cramer delivers his daily Mad Dash. more_horizontal


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