McCormick & Co Inc Ordinary Shares (Non Voting)
MKC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Tsz | LOCK|J% | LOCK|$%Ry<Y |
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%.
