McCormick Q3 Earnings Top Estimates, MKC Volumes Improve Y/Y [Yahoo! Finance]
McCormick & Company, Incorporated (MKC)
Last mccormick & company, incorporated earnings: 3/31 06:30 am
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Source: Yahoo! Finance
McCormick & Company, Incorporated MKC reported solid third-quarter fiscal 2024 results, wherein the top and bottom lines beat the Zacks Consensus Estimate, and earnings increased year over year. The company achieved a significant milestone by delivering overall global positive volume growth in the quarter, indicating improving trends across both business segments. The momentum is expected to carry into the fourth quarter. In the Consumer segment, MKC recorded solid volume growth despite facing a challenging macroeconomic environment in China. Meanwhile, in the Flavor Solutions segment, sequential volume improvements were realized, driven by strong growth in Branded Foodservice. Management continues to bolster its position across major markets and core categories by focusing on growth levers such as brand marketing, product and packaging innovation, category management and proprietary technology. The company expects its cost-saving initiatives to help fund future investments and d
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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