McCormick & Co is a global leader in the spice and seasoning industry, specializing in the production and marketing of a wide range of flavor products, including spices, herbs, sauces, and blends
The company serves both consumers and food service sectors, offering products that enhance the taste and quality of food. With a strong commitment to innovation and sustainability, McCormick & Co focuses on creating flavorful solutions that cater to diverse culinary preferences and dietary needs, making it a trusted brand in kitchens worldwide.
Food flavoring company McCormick (NYSEMKC) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 2.6% year on year to $1.80 billion. Its non-GAAP profit of $0.80 per share was 4.3% above analysts’ consensus estimates.
McCormick posted a 3% YoY sales growth in Q2 FY24, reaching $1.80 billion, surpassing estimates. The consumer segment saw a 4% sales increase, while the Flavor Solutions segment grew by 1%.
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