McCormick: Valuation Already Pricing In Normalized EPS Growth

Core Viewpoint - McCormick & Co. (NYSE: MKC) is expected to benefit from the trend of increased food consumption at home as consumers reduce discretionary spending on dining out, leading to higher demand for its products [1] Group 1: Company Analysis - The investment thesis suggests that MKC is positioned well to capitalize on changing consumer behavior towards home dining [1] - The company is viewed as having long-term growth potential, particularly as it aligns with value investing principles [1] Group 2: Market Context - The current economic environment is prompting consumers to pull back on discretionary spending, which is likely to drive demand for food products that can be prepared at home [1]