Citi Reiterates Neutral Rating on McCormick & Company (MKC)

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McCORMICK REPORTS THIRD QUARTER PERFORMANCE AND REAFFIRMS 2024 OUTLOOK

October 1, 2024 6:30 AM EDT

HUNT VALLEY, Md., Oct. 1, 2024 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today reported financial results for the third quarter ended August 31, 2024 and reaffirmed fiscal 2024 outlook for sales and operating profit.

Sales in the third quarter were comparable to the year-ago period, reflecting volume growth of 1%, partially offset by price.... More