McCormick & Company, Incorporated (MKC), headquartered in Hunt Valley, Maryland, manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food and beverage industry. Valued at $20.65 billion by market cap, the company serves retailers, food manufacturers, and foodservice businesses. Its most popular brands include McCormick, French’s, Frank’s RedHot, Stubb’s, OLD BAY, Lawry’s, Zatarain’s, Ducros, Vahiné, Cholula, Schwartz, Kamis, DaQiao, Club House, Aeroplane, Gourmet Garden, FONA, and Giotti. The global leader in flavor is expected to announce its fiscal third-quarter earnings for 2024 on Tuesday, Oct. 1.
Ahead of the event, analysts expect MKC to report a profit of $0.67 per share on a diluted basis, up 3.1% from $0.65 per share in the year-ago quarter. The company has consistently beaten or matched Wall Street’s EPS estimates in its last four quarterly reports.
