CSIMarket
 
Mccormick and Company Incorporated  (MKC)
Other Ticker:  
 
 
Price: $68.6300 $-0.85 -1.223%
Day's High: $69.68 Week Perf: -0.62 %
Day's Low: $ 68.23 30 Day Perf: -7.27 %
Volume (M): 2,035 52 Wk High: $ 94.39
Volume (M$): $ 139,628 52 Wk Avg: $73.22
Open: $69.04 52 Wk Low: $59.13



 Market Capitalization (Millions $) 18,503
 Shares Outstanding (Millions) 270
 Employees 14,000
 Revenues (TTM) (Millions $) 6,699
 Net Income (TTM) (Millions $) 708
 Cash Flow (TTM) (Millions $) -179
 Capital Exp. (TTM) (Millions $) 264

Mccormick And Company Incorporated
The McCormick'& Company, a diversified specialty food company, is a global leader in the manufacture, marketing and distribution of spices, herbs, seasonings and other flavors to the entire food industry. The Registrant was formed in 1915 under Maryland law as the successor to a business established in 1889.

The McCormick'& Company, operates in two business segments: consumer and industrial. The consumer segment sells spices, herbs, extracts, seasoning blends, sauces, marinades and specialty foods to the consumer food market under a variety of brands, including "McCormick", "Zatarains" in the US, "Ducros" in continental Europe, "Club House" in Canada and "Schwartz" in the U.K. The industrial segment sells spices, blended seasonings, condiments, coatings and compound flavors to food processors, restaurants, distributors, warehouse clubs and institutional operations.

The most significant raw materials to the McCormick'& Company are vanilla, cheese, pepper, packaging supplies, garlic and onion. Black pepper, vanilla beans and other spices and herbs are generally sourced from countries other than the United States.

The McCormick'& Company products are sold directly and through brokers, wholesalers and distributors. In the consumer segment, products are generally resold to consumers through grocery, drug, dollar and mass merchandise stores. These customers are serviced either through direct shipments or through the food wholesale channel. In the industrial segment, products are used by food and beverage manufacturers as ingredients for their finished goods and by food service customers to enhance the flavor of their foods. Customers for the industrial segment include food processors and the restaurant industry, supplied both directly and through distributors and warehouse clubs.

The McCormick'& Company, has a large number of customers for its products.

The McCormick'& Company owns a number of trademark registrations. Although in the aggregate these trademarks may be material to the Registrants business, the loss of any one of those trademarks, with the exception of the Registrants "McCormick," "Zatarains," "Schwartz," "Club House" and "Ducros" trademarks, would not have a material adverse effect on the McCormick'& Companys business. The "McCormick" trademark is extensively used by the McCormick'& Company in connection with the sale of virtually all of the Registrants food products worldwide.

The McCormick'& Company'is a global leader in the manufacture and sale of spices, herbs, extracts, seasonings and flavorings and competes in a geographic market that is international and highly competitive.



   Company Address: 24 Schilling Road, Suite 1, Hunt Valley, 21031 MD
   Company Phone Number: 771-7301   Stock Exchange / Ticker: NYSE MKC
   MKC is expected to report next financial results on June 27, 2024.


Customers Net Income grew by MKC's Customers Net Profit Margin grew to

16.7 %

6.33 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CAG   -0.17%    
CPB        5.07% 
GIS        2.1% 
INGR        0.71% 
POST        0.3% 
THS        0.68% 
• View Complete Report
   



Mccormick And Company Incorporated

Mccormick And Company Inc. Reports Impressive Double Digit EPS Growth of 19.23% in Q1 of 2024 Earnings Season

Mccormick And Company Incorporated, a global leader in flavor, has demonstrated impressive financial performance in the first quarter of 2024 earnings season. With double digit income growth and a modest increase in revenue, the company has outperformed many of its peers in the Food Processing industry. Despite facing challenges such as a decline in stockpiles and accounts receivable, Mccormick has managed to improve its profit margins and maintain strong financial health.
One of the key highlights of Mccormick's recent success is the 19.23% increase in income to $0.62 per share in the first quarter of 2024. This growth is a testament to the company's strong business strategy and ability to adapt to changing market conditions. Additionally, revenue advanced by 2.376% to $1.60 billion, showcasing the company's resilience in the face of industry-wide revenue declines.

Dividend

McCormick Declares $0.42 Quarterly Dividend- A Milestone in the Company's Century-Long Journey

Published Wed, Mar 27 2024 8:40 PM UTC



HUNT VALLEY, Md., March 27, 2024 - McCormick & Company, Incorporated (NYSE: MKC), a renowned leader in the Consumer Non-Cyclical sector, recently announced the declaration of a quarterly dividend of $0.42 per share on its common stocks. This momentous event marks the company's 100th year and highlights its commitment to rewarding shareholders. As of the writing of ...

Mccormick And Co Inc

McCormick And Co Inc Records Impressive Double Digit EPS Growth of 18.54% and Revenue Rise of 3.367% in Fiscal Year Ending November 30, 2023

Mccormick And Co Inc, a renowned Food Processing company, has recently seen a significant gain of 5.49% in its shares over the past five trading days. Moreover, during the preceding month, the company's shares also experienced an increase of 1.08%. Despite these gains, Mccormick And Co Inc shares are currently trading only 16% above its 52-week low.
In terms of financial performance, Mccormick And Co Inc witnessed a notable improvement in its income for the fiscal span ending November 30, 2023. The company's income grew by 18.54% to $0.81 per share, compared to $0.68 per share from the previous year. Additionally, the company's earnings saw significant growth of 28.68% from $0.63 per share in the preceding financial reporting period.

Mccormick And Co Inc

Mccormick And Co Inc Witnesses Significant Deterioration in EPS by -23.17% during Q3 2023

MKC, a leading company in the Food Processing sector, recently reported mixed earnings for the third quarter of 2023. While the company saw a 5.584% increase in revenue to $1.68 billion compared to the same period last year, its income fell by -23.17% to $0.63 per share, as compared to $0.82 in the prior year quarter.
In the same quarter, most companies in the Food Processing sector experienced a top-line rise of 3.97% from the previous year's third quarter. Mccormick And Co Inc's top-line growth outpaced its peers, with revenue surging by 1.537% from $1.66 billion in the prior period. Net profit per share also increased by 12.5% from $0.56 per share.

Mccormick And Co Inc

McCormick & Co Inc Experiences a Remarkable 27.27% Elevational Surge in Profits during Q2 of 2023 Financial Year

McCormick and Co Inc Reports Strong Q2 2023 Earnings, but Future Performance Remains Uncertain
October 05, 2023
Investors witnessed an impressive performance from McCormick and Co Inc during the second quarter of 2023 earnings season as the company reported a significant increase in revenue and profitability. The company's revenue grew by 7.965% to $1.66 billion compared to $1.54 billion in the previous year, showcasing its ability to generate consistent growth. Additionally, MKC recorded a promising profitability advance of 27.27% to $0.56, up from $0.44 in the prior year reporting season.
The growth trend continued from the first quarter as the Q2 revenue experienced a solid increase of 5.985% from $1.57 billion, and income showed improvement by 7.69% from $0.52 per share. Furthermore, the company's earnings rose by 28.35% to $152.100 million, compared to $118.500 million reported in the second quarter of the previous year. These numbers indicate a healthy financial performance that has impressed investors and analysts alike.






 

Mccormick Incorporated's Segments
 
Consumer Food
 Segment     of total Revenue
Industrial Food
 Segment     of total Revenue
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Mccormick Incorporated announced annual revenue outlook on

Earnings Outlook
Mccormick and Company Incorporated issued annual earnings guidance on

 
Geographic Revenue Dispersion
United States
Europe
Other




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com