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The Latest Breaking News from McCormick

McCormick Q2 Earnings Miss Street View; Cuts FY22 EPS Forecast

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…

Benzinga · Jun 29, 2022

Why McCormick Stock Is Moving Lower

Why McCormick Stock Is Moving Lower

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.

Benzinga · Jun 29, 2022

McCormick, General Mills And 3 Stocks To Watch Heading Into Wednesday

McCormick, General Mills And 3 Stocks To Watch Heading Into Wednesday

Some of the stocks that may grab investor focus today are:

Benzinga · Jun 29, 2022

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Mid-Afternoon Market Update: Dow Surges 250 Points; NeoGenomics Shares Slide

U.S. stocks traded higher toward the end of trading, with the Dow jumping over 250 points on Tuesday.

Benzinga · Mar 29, 2022

Mid-Day Market Update: Crude Oil Down 2.5%; IGM Biosciences Shares Jump

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

Benzinga · Mar 29, 2022

Mid-Morning Market Update: Markets Open Higher; McCormick Profit Beats Estimates

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

Benzinga · Mar 29, 2022

McCormick's Q1 Earnings Top Estimates

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…

Benzinga · Mar 29, 2022

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5 Stocks To Watch For March 29, 2022

5 Stocks To Watch For March 29, 2022

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.

Benzinga · Mar 29, 2022

After two years of empty show floors and hotel rooms, McCormick Place gears up for the return of conventions to Chicago

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.

Chicago Tribune · Mar 24, 2022

Hundreds of jobs put at risk at condiment and flavourings plant

Hundreds of jobs put at risk at condiment and flavourings plant

Almost 400 employees are set to be affected by the decision

Birmingham Post · Mar 23, 2022

Almost 400 jobs at risk after plans announced to close condiment plant

Almost 400 jobs at risk after plans announced to close condiment plant

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

Manchester Evening News · Mar 23, 2022

McCormick Suspends Operations In Russia

McCormick Suspends Operations In Russia

McCormick & Co Inc (NYSE:MKC) has suspended its operations in Russia. The decision follows the company's action at the start of the Russia-Ukraine conflict to stop all advertising and promotional activity and other investments in Russia. McCormick is also supporting the Polish Center for International Aid (PCPM) and the World Central Kitchen…

Benzinga · Mar 11, 2022

Old Bay vodka will soon be for sale in Maryland liquor stores and restaurants

BALTIMORE — Who wants to drink the bay?

Tribune News Service · Mar 7, 2022

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