McCormick & Co Inc Ordinary Shares (Non Voting)
MKC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| zx | LOCK|d<M | LOCK|n!wc>< |
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.
