MKC Stock Recent News

McCormick will release its Q3 fiscal 2024 results on October 1 before the market opens. I explain why a beat on EPS and sales estimates is likely, while at the same time, I would not bet on a jump in McCormick's share price. I discuss the performance indicators that, I believe, are more relevant to the McCormick investment case, especially in these volatile times.

McCormick (MKC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

MKC's strong momentum and effective growth strategies might be overshadowed by rising expenses, soft volume trends and currency risks in its Q3 performance.

Appleton, Sept. 20, 2024 (GLOBE NEWSWIRE) -- Appleton, Wisconsin - McCormick Industries has announced that its facility now holds ISO 9001:2015 certification, meeting all the rigorous requirements for medical device machining.

Republican Pennsylvania U.S. Senate candidate Dave McCormick discusses how fentanyl deaths and ties to China have become key issues in the state's U.S. Senate race on ‘The Bottom Line.'

McCormick's (MKC) commitment to achieving long-term objectives is evident from its proven track record and wide-reaching and competitive global portfolio with a focus on high-growth areas.

Toronto, Ontario--(Newsfile Corp. - August 8, 2024) - Vince McCormick (the "Acquiror") is pleased to announce the acquisition on August 2, 2024 of ownership of an aggregate of (i) an aggregate of $705,000 of convertible debentures (the "Debentures") of KWG Resources Inc. (the "Issuer"), (ii) 147,707 Multiple Voting Shares of the Issuer (each, a "Multiple Voting Share"); (ii) 147,707 Warrants of the Issuer (each, a "Warrant") pursuant to a private placement (the "Private Placement") completed by KWG Resources Inc. (see the Issuer's news release dated August 2, 2024 for the terms of the Private Placement). The Debentures are convertible into an aggregate of 587,500 Units comprised of 587,500 Multiple Voting Shares and 587,500 Warrants or an aggregate of 1,175,000 Multiple Voting Shares calculated on the basis of the conversion of the principal of the Acquiror's Debentures into Multiple Voting Shares and Warrants and the exercise of all such Warrants.

McCormick & Company is a leader in the spices and condiments market, showing potential for future growth. Revenue has been steadily increasing, with the flavor solutions segment growing faster but the consumer segment having better margins. Dividend aristocrat McCormick offers a safe and growing dividend with the potential for future dividend increases.

With a global portfolio aligned with consumer trends and innovative product platforms, McCormick's (MKC) focus on growth areas and efficiency bolsters its market presence.

A lot of investors are searching for Dividend Aristocrats, which are recognized for paying consistently increasing dividends. These companies are well known for their ability to provide shareholders with predictable, rising dividends and potential long-term capital appreciation.