The Latest Breaking News from McCormick

McCormick & Co Inc (NYSE:MKC) reported a second-quarter FY22 sales decline of 1.3% year-on-year to $1.54 billion, missing the consensus of $1.61 billion. Flavor solutions segment sales increased 10%, driven by the Americas and EMEA regions. Consumer segment sales declined 8%, reflecting lower volume and product mix. Gross profit was $523 million, with…

McCormick & Company Inc (NYSE: MKC) shares are trading lower Wednesday after the company reported worse-than-expected financial results and lowered full-year earnings guidance.

U.S. stocks traded higher midway through trading, with the Dow jumping over 250 points on Tuesday.

U.S. stocks opened on a strong note on Tuesday, with the Dow jumping around 350 points this morning.

McCormick & Co Inc (NYSE:MKC) reported first-quarter FY22 sales growth of 2.7% year-on-year, to $1.52 billion, beating the consensus of $1.47 billion. Flavor solutions segment sales increased 12%, driven by base business, new products, and acquisition growth. Consumer segment sales declined 2%, with minimal impact from currency, and included pricing actions taken to…

Some of the stocks that may grab investor focus today are: Wall Street expects McCormick & Company, Incorporated (NYSE: MKC) to report quarterly earnings at $0.62 per share on revenue of $1.47 billion before the opening bell. McCormick shares gained 0.5% to $98.09 in after-hours trading.

When the Inspired Home Show returned to McCormick Place earlier this month after a three-year pandemic hiatus, the annual housewares show was the smallest in recent memory, and among the most significant in its 80-year history.

Almost 400 employees are set to be affected by the decision

'All activities' at McCormick in Littleborough, Rochdale, will be transferred to new Peterborough site over two years