McCormick & Co. (MKC) Misses Q2 EPS by 18c, Lowers FY22 Guidance

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Go back to McCormick & Co. (MKC) Misses Q2 EPS by 18c, Lowers FY22 Guidance

McCORMICK REPORTS SECOND QUARTER PERFORMANCE AND UPDATES 2022 OUTLOOK

June 29, 2022 6:30 AM EDT

HUNT VALLEY, Md., June 29, 2022 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today reported financial results for the second quarter ended May 31, 2022.

Sales declined 1% in the second quarter from the year-ago period and, in constant currency, sales were comparable to the year-ago period. Both comparisons reflect strong underlying sales growth offset by the impact of discrete items, including the impact of COVID-related lockdowns in China and the conflict in... More