McCormick & Co Inc Ordinary Shares (Non Voting)

MKC: XNYS (USA)
View Stock Summary
Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
%!kLOCK|BLwLOCK|y>rfV<N

McCormick Earnings: Cost Angst Intensifies, but It's Equipped to Blunt the Margin Hit

McCormick served up 1.8% organic sales growth in its fiscal third quarter, buoyed by 1.2% higher volumes and favorable mix. However, the adjusted gross margin declined 120 basis points, as the combination of higher commodity costs and incremental tariffs offset the firm's cost-saving endeavors.

Sponsor Center