McCormick & Co Inc Ordinary Shares (Non Voting)
MKC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ?r | LOCK|vQ | LOCK|<Sw%pK |
McCormick Earnings: Brand Investments Continue to Buoy Sales Growth, but Shares Still Running Hot
McCormick closed out the fourth quarter with 1.8% organic sales growth (reflecting a more than 2% bump from higher volumes and favorable mix that was partially offset by lower prices) and a 60-basis-point retraction in the adjusted operating margin to 17.1%.
