McCormick & Co Inc Ordinary Shares (Non Voting)

MKC: XNYS (USA)
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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.

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