McCormick & Co Inc Ordinary Shares (Non Voting)
MKC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| nQ< | LOCK|rz& | LOCK|<&nX$r |
McCormick Earnings: Even as It Astutely Navigates an Uncertain Macro Backdrop, Shares Remain Heated
McCormick started the year with 2% organic sales growth (as a 2.2% uptick in volumes and favorable mix were partially offset by a 0.2% downdraft in prices) and a 20-basis-point bump in the adjusted gross margin to 37.6%.
