McCormick & Company, Incorporated (NYSE: MKC ) is due to report its Q2 ’25 earnings close to the end of the month ( June 26th ), so I thought I’d go through what to expectMSc in Finance. Long-term horizon investor mostly with 5-10 year horizon. I like to keep investing simple. I believe a portfolio should consist of a mix of growth, value, and dividend-paying stocks but usually end up looking for value more than anything. I also sell options from time to time.Analyst’s Disclosure:I/we have no stock, option ...

McCormick & Company (MKC) 2025 Conference June 03, 2025 02:30 AM ET Speaker0 Okay. Good morning, everybody. I'm Steve Powers. I'm the Head of Deutsche Bank's U. S. Consumer Packaging Goods Research, and I'm thrilled to welcome everybody to the twenty second installment of our Global Consumer Conference here in Paris. And I am equally thrilled to welcome McCormick and Company back to the conference. As many of you know, McCormick is a global leader in flavor across consumer focused spices, seasonings and con ...

Core Viewpoint - High-yield dividend stocks like Prologis, MPLX, and McCormick not only offer attractive yields but also have the potential for rapid dividend growth, making them appealing long-term investment opportunities. Group 1: Prologis - Prologis is the largest owner of logistics-related real estate globally, currently offering a 3.6% yield [3] - The company has a strong credit rating, allowing it to borrow at favorable rates, which benefits its tenants [4] - Amazon is its largest tenant, contributing only 5% of total rent, indicating stability in dividend payouts even if Amazon's performance declines [5] - Prologis has raised its dividend payout by 11.7% annually over the past five years, with less than 30% of its net operating income coming from international markets, suggesting room for growth [6] Group 2: MPLX - MPLX is a midstream energy company with a significant focus on gas and crude oil transportation, offering a substantial 7.5% yield [8] - The company has a reliable revenue stream due to its ties with Marathon Petroleum, which enhances its ability to raise dividends [9] - MPLX has increased its dividend payout by 8.1% annually over the past decade, with a recent 12% year-over-year rise in net income indicating potential for further increases [9] Group 3: McCormick - McCormick, a leader in spices and flavorings, has paid dividends consistently since 1925 and has raised its payout for 38 consecutive years [11] - The company has increased its dividend payout by 8.4% annually over the past decade, although it faced challenges due to rising commodity costs [12] - Despite a 31% decline in stock price from its peak in 2020 and stagnant sales in the first quarter of 2025, McCormick expects adjusted earnings to rise by 6% this year [13] - Currently, McCormick offers a 2.5% yield, which could lead to a double-digit yield on cost for patient investors [14]

Ms. Jenkins began her 32-year career at McCormick in 1993 as a Financial Analyst in U.S. Consumer and progressed to roles with increasing leadership in Corporate Finance, Flavor Solutions, and Supply Chain Finance. In 2015, she became Vice President and Chief Financial Officer (CFO), North America, followed by Vice President, Investor Relations in 2017. Since 2022, Ms. Jenkins' responsibilities expanded beyond finance to include Corporate Strategy, Corporate Sustainability, and Corporate Development. She ha ...

原标题：解锁"舌尖产业"的创新密码 作为传统农业区，河南正从"中原粮仓"向"国人厨房"转变。在这一背景下，粮食生产大县驻马店市 遂平县立足农业资源优势，加强农产品精深加工，推进科技创新驱动的产业革命。遂平县做足做活"粮 头食尾""畜头肉尾""农头工尾"大文章，推进农产品加工业转型升级、延链增值，走出一条独具特色的 现代化农业高质量发展之路。日前，科技日报记者深入遂平县探访，解码这座豫南小城发展县域经济的 创新密码。 科技赋能：味觉经济"强起来" 记者走进遂平县先进制造业开发区，在思念食品（遂平县）有限公司（以下简称"遂平思念"）生产 车间看到，一颗颗珠圆玉润的汤圆在自动化生产线上经过制作、成型、包装等工序成为商品，而工人们 各司其职，热火朝天地忙生产、赶订单。 "'柿柿如意'黑芝麻汤圆上市不到两个月，销售额就破亿元。现在这个单品依然火爆，公司正开足 马力生产，全力保障订单交付。"遂平思念行政经理王莉说。 "我们的地库已实现全无人化操作，库内众多大屏幕实时展示着库内温度、货物信息、电量状态等 关键数据。通过屏幕显示，货物的名称、生产进度以及转运环节一目了然，使整个生产与转运过程的无 缝衔接。"王莉边走边向记者介 ...

McCormick is working to reformulate products to remove certain ingredients like food dyes that have been scrutinized by Health and Human Services Secretary Robert F. Kennedy Jr. and some U.S. food regulators as part of an effort to make a healthier America. McCormick CEO Brendan Foley told analysts of the activity during an earnings call on Tuesday."We are seeing a tick-up in reformulation activity," Foley said, regarding food dyes and sodium, the latter of which he added they’ve always been working on. Fol ...

HUNT VALLEY, Md., March 26, 2025 /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE:MKC) declared a quarterly dividend of $0.45 per share on its common stocks, payable April 21, 2025 to shareholders of record April 7, 2025.This is the 101st year of consecutive dividend payments by the Company.About McCormickMcCormick & Company, Incorporated is a global leader in flavor. With over $6.7 billion in annual sales across 150 countries and territories, we manufacture, market, and dis ...

Financial Performance - Net sales for the three months ended February 28, 2025, were $1,605.5 million, a slight increase from $1,602.7 million in the same period last year[11] - Gross profit for the same period was $604.0 million, compared to $599.3 million, reflecting a gross margin improvement[11] - Operating income decreased to $225.2 million from $233.5 million year-over-year, indicating a decline of approximately 3.5%[11] - Net income for the three months was $162.3 million, down from $166.0 million, representing a decrease of about 0.4%[13] - Earnings per share (EPS) remained stable at $0.60 for both basic and diluted shares, compared to $0.62 in the prior year[11] - Comprehensive income for the three months ended February 28, 2025, was $129.8 million, compared to $163.0 million in the same period last year[13] - The consumer segment generated net sales of $919.2 million, while the flavor solutions segment contributed $686.3 million for the three months ended February 28, 2025[68] - Operating income for the consumer segment was $146.7 million, down from $176.3 million in the prior year, while the flavor solutions segment reported operating income of $78.5 million, up from $61.4 million[68] - Operating income excluding special charges for the three months ending February 28, 2025, was $237.7 million, compared to $233.5 million for the same period in 2024[69] Cash Flow and Liquidity - Cash and cash equivalents decreased to $102.8 million from $186.1 million, indicating a decline of approximately 44.7%[15] - The company reported a net cash flow provided by operating activities of $115.5 million, down from $138.4 million year-over-year[18] - Cash dividends paid per share increased to $0.45 for the three months ended February 28, 2025, compared to $0.42 for the same period in 2024[11] - The company paid dividends totaling $120.7 million, an increase from $112.7 million in the previous year, marking a rise of 7.1%[18] - Cash and cash equivalents at the end of the period were $102.8 million, down from $178.0 million at the end of February 29, 2024, indicating a decrease of 42.2%[18] - The balance of cash and cash equivalents at the beginning of the period was $186.1 million, compared to $166.6 million in the prior year, showing an increase of 11.4%[18] Assets and Liabilities - Total assets as of February 28, 2025, were $12,899.8 million, down from $13,070.3 million at the end of November 2024[15] - Total liabilities decreased to $7,450.1 million from $7,753.5 million, reflecting a reduction of about 3.9%[15] - The carrying amount of long-term debt as of February 28, 2025, was $3,850.8 million, with a total fair value of $3,678.4 million[51] - The carrying amount of long-term debt was $3,850.8 million as of February 28, 2025, slightly down from $3,858.8 million on November 30, 2024[51] Special Charges and Expenses - Special charges for the three months ended February 28, 2025, were recorded as $0, compared to $4.2 million for the same period in 2024, which included $2.8 million related to the Global Operating Effectiveness program[34] - Stock-based compensation expense for the three months ended February 28, 2025, was $20.0 million, compared to $11.7 million for the same period in 2024[55] - The company recorded a deferred income tax benefit of $(9.2) million, compared to $(2.8) million in the previous year, indicating a larger tax benefit[18] - Interest expense for the three months ended February 28, 2025, was $48.5 million, down from $50.3 million for the same period in 2024[11] Derivative Financial Instruments - The company utilizes derivative financial instruments to manage risks, with all derivatives designated as hedges and no material hedge ineffectiveness reported[36] - The company recorded a loss of $0.6 million on foreign exchange contracts in the income statement for the three months ended February 28, 2025[43] - The fair value of foreign currency derivatives was $15.8 million as of February 28, 2025, unchanged from the previous reporting period[47] - Interest rate contracts had a notional amount of $600.0 million as of February 28, 2025, with a fair value of $35.3 million[42] Future Outlook and Strategic Initiatives - Future outlook remains positive with a focus on market expansion and potential new product developments[69] - The company is committed to enhancing its financial performance through strategic initiatives and operational improvements[69] - The company continues to focus on maintaining operational efficiency while managing special charges effectively[69]

Shares of McCormick & Company, Incorporated (MKC) tumbled 5.1% in the pre-market session today after the company posted disappointing first-quarter fiscal 2025 results amid a challenging consumer and macro environment. The bottom line missed the Zacks Consensus Estimate and declined year over year. The top line met the consensus mark and was unchanged from the year-ago quarter.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The adjusted earnings of 60 cents per share declined from 63 ...

Group 1 - The long-term outlook for McCormick & Company, Incorporated (NYSE: MKC) is positive, with previous trading activity indicating a buy call at the bottom in October 2023 [1] - The company has been identified as a high-conviction pick that has performed well during recent market selloffs [1] - A blended trading and income approach is suggested to enhance savings and retirement timelines, indicating a strategic investment methodology [1]