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McCormick & Company Releases 2023 Purpose-led Performance Report to Share Progress Towards Long-Term Commitments
Prnewswire· 2024-06-05 14:05
HUNT VALLEY, Md., June 5, 2024 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today released its 2023 Purpose-led Performance (PLP) Progress Report, which provides an update on the Company's progress towards its sustainability commitments, goals, and the initiatives that support them. McCormick remains committed to delivering strong financial performance while doing what's right for People, Communities, and the Planet. "I am incredibly proud of the positive impact ...
McCormick & Company to Report 2024 Second Quarter Financial Results on June 27, 2024
Prnewswire· 2024-05-30 12:00
HUNT VALLEY, Md., May 30, 2024 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, is scheduled to conduct a conference call and webcast of its second quarter 2024 financial results on Thursday, June 27, 2024, at 8:00 a.m. Eastern Time. Brendan Foley, President & CEO; Mike Smith, Executive Vice President & CFO; and Faten Freiha, Vice President of Investor Relations will be hosting the call. A live audio webcast of the call along with the accompanying presentation materi ...
McCormick Appoints Valarie Sheppard to Board of Directors
prnewswire.com· 2024-05-21 21:10
Ms. Sheppard brings over 35 years of experience in finance and accounting following a stellar career with P&G. Her expertise includes capital deployment and asset management, business process reengineering, acquisitions and divestures, external financial reporting and controls, and Sarbanes-Oxley compliance. Prior to her retirement in 2021, Ms. Sheppard led P&G's global finance, accounting, and treasury operations teams in over 65 countries. She held various senior financial leadership positions within the ...
Future-Proof Your Portfolio: 3 Stocks to Invest $5000 In Now
investorplace.com· 2024-05-20 10:15
While no company grows forever, some of the best stocks to invest in now stand the test of time better than others. These companies tend to have stable growth trajectories due to their overall position in the market and their products. Examples of these stable goods and services are things like hygiene products, construction materials, basic tools, and food products. Given their ubiquity and necessity, pricing demands they remain accessible to a wide range of consumers to solidify their sales. As such, comp ...
McCormick (MKC) Up More Than 12% in 3 Months: Here's Why
Zacks Investment Research· 2024-05-15 15:36
McCormick & Company (MKC) is well-positioned to increase its presence through acquisitions to grow its portfolio strategically. The global leader in flavor's focus on brand marketing, new products and packaging innovation continues to drive growth. The company's cost-saving programs position it well to support investments and drive operating margin growth. The Zacks Rank #2 (Buy) company's shares have increased 12.8% in the past three months compared with the industry's growth of 4.1%. The stock has gained ...
McCormick Honors 2024 Student Unsung Heroes; Awards $105,000 in Total Scholarships
Prnewswire· 2024-05-14 20:50
The in-person event held yesterday evening at the M&T Bank Exchange, located in downtown Baltimore's France-Merrick Performing Arts Center recognized Ms. White and Mr. Are from nearly 99 student-athletes honored as Unsung Heroes for their commitment to unselfish team play. The full list of this year's McCormick Unsung Heroes nominees can be found here. McCormick is proud to recognize each of these student-athletes. Global Communications: Lori Robinson - [email protected] SOURCE McCormick & Company, Incorpor ...
McCormick (MKC) Benefits From Strategic Buyouts & Cost Savings
Zacks Investment Research· 2024-04-22 17:56
McCormick & Company (MKC) has strategically increased its presence through acquisitions to grow its portfolio. With a global portfolio aligned with consumer trends and innovative product platforms, McCormick’s focus on growth areas and efficiency bolsters its market presence. Despite challenges like cost inflation and volume declines, the company’s efficiency programs promise margin expansion.Let’s discuss this in detail.Key Drivers in PlaceMcCormick’s commitment to achieving long-term objectives is evident ...
McCormick(MKC) - 2024 Q1 - Quarterly Report
2024-03-26 20:19
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended February 29, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-14920 Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be s ...
McCormick(MKC) - 2024 Q1 - Earnings Call Transcript
2024-03-26 17:30
McCormick & Company, Incorporated (MCK) Q1 2024 Earnings Conference Call March 26, 2024 8:00 AM ET Company Participants Brendan Foley - President and Chief Executive Officer Mike Smith - Executive Vice President and Chief Financial Officer Faten Freiha - Investor Relations Conference Call Participants Andrew Lazar - Barclays Peter Galbo - Bank of America Max Gumport - BNP Paribas Adam Samuelson - Goldman Sachs Robert Moskow - TD Cowen Matthew Smith - Stifel Tom Palmer - Citi Rob Dickerson - Jefferies Faten ...
McCormick(MKC) - 2024 Q1 - Earnings Call Presentation
2024-03-26 11:59
1st QUARTER 2024 Financial Results and Outlook McCORMICK & COMPANY, INC. March 26, 2024 1The following slides accompany a March 26, 2024, earnings release conference call. This information should be read in conjunction with the press release issued on that date. Results demonstrate early success of prioritized investments Improved volume performance in Consumer and Flavor Solutions Unit share gains are expected to lead our trends; results to build through 2024 Consumer behavior remains dynamic; responding w ...