McCormick & Co Inc Ordinary Shares (Non Voting)
MKC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| K< | LOCK|@@ | LOCK|^Qh^PV^ |
McCormick Earnings: Even as Sales and Profits Pop, Shares Remain in Bargain Bin
McCormick's organic sales grew nearly 2% in the fiscal second quarter, driven by higher prices. Adjusted gross margin expanded 270 basis points to 40.2%, including a 140-basis-point tariff refund benefit, as cost savings offset inflationary pressures. Shares rose about 5% in early June 25 trading.
