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McCormick & Company, IncorporatedMKC
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Overview >
Market Cap
22.06B
Revenue (ttm)
6.73B
Net Income (ttm)
784.80M
Shares Out
268.19M
EPS (ttm)
2.90
PE Ratio
28.36
Forward PE
26.38
Dividend
$1.80 (2.19%)
Ex-Dividend Date
Apr 7, 2025
Volume
1,409,738
Open
82.61
Previous Close
82.31
Day's Range
80.98 - 82.85
52-Week Range
66.88 - 86.24
Beta
0.75
Analysts
Buy
Price Target
83.75 (+1.82%)
Earnings Date
Mar 25, 2025
Description >

McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry.

It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts.

This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's, Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and LA Drogheria, and Vahiné brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; and McCormick, Aeroplane, and Gourmet Garden brands in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia.

It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers.

The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers.

It serves foodservice customers directly and indirectly through distributors. McCormick & Company, Incorporated was founded in 1889 and is headquartered in Hunt Valley, Maryland.

Latest News >
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Intel rises as report of chipmaker exploring options stokes investor enthusiasm
Aug 30, 2024
(Reuters) - Intel's ( INTC ) shares rose more than 3% before the bell on Friday, as a report of the struggling chipmaker exploring options that could include a merger or a split induced some investor enthusiasm after one of the stock's worst slumps in decades. The company is working with investment bankers and considering various options such as separating...
Fed's Preferred Inflation Gauge Falls Short Of Expectations In July, Personal Spending Accelerates
Fed's Preferred Inflation Gauge Falls Short Of Expectations In July, Personal Spending Accelerates
Aug 30, 2024
After three consecutive months of decline, the Federal Reserve’s preferred measure of inflation held steady in July, although it came in slightly below market forecasts. The Personal Consumption Expenditures (PCE) Price Index increased by 2.5% in July 2024 compared to the same period last year, according to government data released Friday. Alongside this inflation data, both personal spending and spending...
Exchange-Traded Funds, Equity Futures Rise Pre-Bell Friday Ahead of Key Inflation Data
Exchange-Traded Funds, Equity Futures Rise Pre-Bell Friday Ahead of Key Inflation Data
Aug 30, 2024
08:17 AM EDT, 08/30/2024 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.5% and the actively traded Invesco QQQ Trust (QQQ) was 0.9% higher in Friday's premarket activity, as investors hope for positive signs of a potential Federal Reserve interest rate cut from the upcoming personal consumption expenditure price index....
Fed's Preferred Inflation Metric Looms as US Equity Futures Rise Pre-Bell
Fed's Preferred Inflation Metric Looms as US Equity Futures Rise Pre-Bell
Aug 30, 2024
08:22 AM EDT, 08/30/2024 (MT Newswires) -- US equity futures were higher Friday premarket as traders braced for the Federal Reserve's preferred measure of inflation. The Dow Jones Industrial Average futures increased 0.2%, S&P 500 futures rose 0.5%, and Nasdaq futures were up 0.8%. Oil prices were little changed, with front-month global benchmark North Sea Brent crude hovering near the...
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