McCormick & Company, Inc. (MKC)
|Net Income (ttm)||695.40M|
|Ex-Dividend Date||Jul 9, 2021|
|Day's Range||85.76 - 86.80|
|52-Week Range||81.40 - 100.16|
|Price Target||90.83 (+5.3%)|
|Est. Earnings Date||Sep 30, 2021|
McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. The company operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers rice, spices, herbs, and seasonings, as well as desserts. This segment markets its products under the McCormick, French, Frank's RedHot, Lawry's Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and Drogheria & Alimentari, and Vahiné... [Read more...]
In 2020, McCormick's revenue was $5.60 billion, an increase of 4.75% compared to the previous year's $5.35 billion. Earnings were $706.60 million, an increase of 6.77%.Financial Statements
According to 13 analysts, the average rating for McCormick stock is "Hold." The 12-month stock price forecast is 90.83, which is an increase of 5.29% from the latest price.
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McCormick (MKC) expands its presence through acquisitions to boost portfolio. The company's focus on cost savings bodes well.
HUNT VALLEY, Md., Sept. 3, 2021 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, is scheduled to conduct a conference call and webcast of its third quarter 2021 ...
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HUNT VALLEY, Md., Aug. 17, 2021 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, will be participating in a fireside chat at the Barclays Global Consumer Staples...
McCormick (MKC) is seeing higher demand amid sustained at-home consumption trend as well as recovery in away-from-home consumption. However, high costs are a concern.
HUNT VALLEY, Md., Aug. 16, 2021 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, announced the advancement of McCormick's Grown for Good third-party verified sust...
The restaurant segment is critical for its bottom line.
Food giant McCormick is on a roll, and getting a big assist from the pandemic-related reopening process.
Frank's RedHot is among the items affected by the widespread contamination. The products were shipped to 32 US states, Bermuda and Canada between June 20 and July 21.
Voluntary Recall Notice of McCormick Italian Seasoning products and Frank's RedHot Buffalo Ranch Seasoning due to Pos...
HUNT VALLEY, Md., July 26, 2021 /PRNewswire/ -- McCormick & Company, Inc. is initiating a voluntary recall of McCormick Perfect Pinch Italian Seasoning, McCormick Culinary Italian Seasoning and Frank's ...
The Zacks Food-Miscellaneous industry is facing headwinds surrounding at-home demand moderation. Nevertheless, portfolio growth efforts have been aiding Mondelez (MDLZ), The J.M.
With the ongoing bull market, one of the most common trends is the investor community is exiting defensive stocks and going in for high-growth plays. Food industry giants that were among the top perform...
The spice giant has an inside track at market share growth.
The business is stronger than the stock price would suggest.
As more people get vaccinated across the country and restrictions on large gatherings are lifted, consumers are looking forward to cooking out and watching firework displays to celebrate Independence Day.
McCormick & Co (NYSE: MKC) reported its financial results for the second quarter on Thursday that beat Wall Street estimates and raised its guidance for the full year. Shares of the company tanked just ...
McCormick's (MKC) second-quarter fiscal 2021 results reflect the impact of higher sales driven by growth in the Flavor Solutions unit. Management raises fiscal 2021 view.
McCormick & Company Inc (NYSE: MKC) reported second-quarter FY21 sales of $1.56 billion, up 11% year-on-year, beating the consensus estimate of $1.47 billion. Flavor solutions segment sales increased 39...