HSY Stock Down 11% in 3 Months: What Should Investors Do Next? [Yahoo! Finance]
McCormick & Company, Incorporated (MKC)
Last mccormick & company, incorporated earnings: 3/31 06:30 am
Check Earnings Report
US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=65454&p=irol-irhome
Company Research
Source: Yahoo! Finance
base, which has led to weak consumer trends and reduced foot traffic to convenience and drug stores where Hershey's brands are over-indexed. (Source: Zacks Investment Research) Consumer behavior has shifted toward value-seeking due to economic pressures, prioritizing budgets for essentials, which has reduced foot traffic to convenience and drug stores where Hershey's brands are over-indexed. This has led to a 1.4% decline in net sales and a 10% decline in adjusted earnings per share (EPS) in the third quarter of 2024. (Source: Zacks Investment Research) Hershey is grappling with continued margin pressure, with the adjusted gross margin contracting 460 basis points (bps) in the third quarter of 2024. Management expects the adjusted gross margin to decline by nearly 250 bps in 2024 due to persistent channel and product mix challenges and the continued impact of inflation on key ingredients like cocoa and sugar. (Source: Zacks Investment Research) Hershey has lowered its 2024 guida
Show less
Read more
Impact Snapshot
Event Time:
MKC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MKC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MKC alerts
High impacting McCormick & Company, Incorporated news events
Weekly update
A roundup of the hottest topics
MKC
News
- Raising Agents Market Evolving with Clean-Label Trends and Technological Innovations in Food and Baking | Future Market Insights, Inc. [Yahoo! Finance]Yahoo! Finance
- Zatarain's® Smoked Sausage Introduces New Andouille Flavor [Yahoo! Finance]Yahoo! Finance
- KMB Faces Q4 Hurdles, Banks on Innovation & Efficiency for Growth [Yahoo! Finance]Yahoo! Finance
- McCormick (NYSE:MKC) Is Increasing Its Dividend To $0.45 [Yahoo! Finance]Yahoo! Finance
- Brendan Foley to succeed Lawrence Kurzius as Chairman of the Board for McCormick & Company [Yahoo! Finance]Yahoo! Finance
MKC
Earnings
- 10/1/24 - Beat
MKC
Sec Filings
- 12/4/24 - Form 3
- 12/4/24 - Form 4
- 12/4/24 - Form 4
- MKC's page on the SEC website