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Stocks, oil and crypto climbThis summary was created by AI, based on 2 opinions in the last 12 months.
McCormick & Co, MKC-N, reported mixed numbers in their latest earnings report, with a modest earnings beat but softer than expected sales. However, management's plan to boost volume growth in 2025 without sacrificing margins is seen as credible. With over 125 years in the industry, McCormick is a global leader in flavor and is trusted by millions of kitchens and restaurants worldwide.
They report Tuesday. A quality company that's having a tough time dealing with inflation. Some companies like Hershey's and General Mills have been adept pasisng on costs to consumers. Maybe MKC can, but they haven't recently which hasn't inspired confidence.
McCormick & Co is a American stock, trading under the symbol MKC-N on the New York Stock Exchange (MKC). It is usually referred to as NYSE:MKC or MKC-N
In the last year, 1 stock analyst published opinions about MKC-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for McCormick & Co.
McCormick & Co was recommended as a Top Pick by on . Read the latest stock experts ratings for McCormick & Co.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered McCormick & Co In the last year. It is a trending stock that is worth watching.
On 2024-10-11, McCormick & Co (MKC-N) stock closed at a price of $80.18.
Yesterday, they reported mixed numbers: a modest earnings beat, softer than expected sales and alight full-year forecast. But management's plan is credible to boost volume growth in 2025 without sacrificing margins.