McCormick & Co Inc Ordinary Shares (Non Voting)

MKC: XNYS (USA)
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McCormick Earnings: Margin Pressure Leaves a Bitter Taste Despite Volume Gains; Shares Attractive

The market soured on McCormick following mixed fourth-quarter marks (2% organic sales growth against a 120-basis-point downdraft to 39% in adjusted gross margin). The stock sank by a high-single-digit percentage Jan. 22.

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