Previous close | 74.02 |
Open | 0.00 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 0.00 - 0.00 |
52-week range | |
Volume | |
Avg. volume | N/A |
Market cap | 97.111M |
Beta (5Y monthly) | 0.60 |
PE ratio (TTM) | 0.27 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
McCormick ( NYSE:MKC ) Full Year 2022 Results Key Financial Results Revenue: US$6.35b (flat on FY 2021). Net income...
Anyone who thought they'd spice up their portfolio by adding McCormick (NYSE: MKC) to the mix has been left with a bad taste in their mouth. Inflation, higher energy costs, rising interest rates, ongoing COVID disruptions in China, and a heavy debt load as a result of acquisitions have taken their toll on this consumer staple stalwart, causing McCormick to reduce its full-year outlook. Consumers found themselves pinched by higher prices and higher fuel costs, which caused them to tighten their belts, resulting in lower sales volumes for McCormick.