McCormick & Co. faces earnings challenges

McCormick & Co. faces earnings challenges

Increased selling prices led to a 3% jump in revenue for this company during the most-recent quarter.

However, lower volumes and iffy demand going forward suggest the company’s growth will be challenged in the near term. The stock trades at a high 32.0 times the company’s… Read More

Earnings fell dramatically at McCormick & Co.

Earnings fell dramatically at McCormick & Co.

The firm’s dependence on sales from restaurants and foodservice customers is a good reason why its year-to-date return remains negative and sales remain shaky.

The stock still trades at 29.2 times the company’s 2022 earnings forecast.

MCCORMICK & CO. INC. (New York symbol MKC) makes spices, seasonings… Read More

McCormick & Co. Inc. may not be your best bet

McCormick & Co. Inc. may not be your best bet

The firm’s dependence on sales from restaurants and foodservice customers are a good reason why its year-to-date return remains negative.

The stock still trades at 32.6 times the company’s 2022 earnings forecast.

MCCORMICK & CO. INC. (New York symbol MKC; www.mccormick.com) is a spice and seasonings… Read More