McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, will be presenting at the Consumer Analyst Group of New York (CAGNY) Conference at 4:00 p.m. ET, on February 21, 2023. Representing McCormick will be Lawrence Kurzius, Chairman & CEO; Brendan Foley, President & COO; and Mike Smith, Executive Vice President & CFO. The presentation will be webcast live via the McCormick website ir.mccormick.com. A replay will be available following the event through the same website.
Wall Street has warmed up to consumer staples stocks in recent months as the prospects rise for a recession in 2023. McCormick (NYSE: MKC) and Procter & Gamble (NYSE: PG) are both ideal stocks if you're looking for exposure to these positive investing traits. Both companies are seeing demand pressure as they raise prices in the face of slowing consumer spending.
For a dividend growth investor, success can best be attained by following a simple investment philosophy: Buy companies with strong brands and reputations of prioritizing shareholders. With 37 straight years of dividend growth, McCormick (NYSE: MKC) exhibits just the kind of shareholder-friendly culture that dividend growth investors should appreciate. Let's check into McCormick's fundamentals and valuation to find out.