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McCormick & Company, Incorporated, a global leader in the flavor market, shows steady growth and margin expansion, presenting an attractive investment for dividend investors with a "Buy" rating and a $92 target price. The company has effectively managed costs and driven margin expansion in its Flavor Solutions segment through strategic cost management, premiumization, and operating leverage. McCormick anticipates 1%-3% revenue growth and 4%-6% adjusted operating income growth for FY25, despite challenges like inflation, tariffs, and geopolitical risks.
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.
The ProShares S&P 500 Dividend Aristocrat ETF kicks off 2025 on a bright note with a gain of 2.81% in January. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term. After 43 months of tracking these strategies, one strategy is generating a CAGR superior to NOBL.
HUNT VALLEY, Md., Feb. 26, 2025 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, is scheduled to conduct a conference call and webcast of its first quarter 2025 financial results on Tuesday March 25, 2025, at 8:00 a.m.
Popular Weston-based bourbon distillery responds to increased demand by expanding its production operations Popular Weston-based bourbon distillery responds to increased demand by expanding its production operations
The ProShares S&P 500 Dividend Aristocrat ETF posted its 3rd worst monthly return in December, falling by 7.69%. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term. After 42 months of tracking these strategies, two strategies are generating a CAGR superior to NOBL.
HUNT VALLEY, Md. , Jan. 28, 2025 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, will be presenting at the Consumer Analyst Group of New York (CAGNY) Conference at 4:00 p.m.
Despite promising volume growth and a recovering gross margin, I maintain a hold rating on McCormick & Co. due to limited overall revenue growth and other headwinds. 4Q24 results showed net sales of $1.8 billion, driven by volume gains, but adjusted EPS declined due to higher tax rates and operating expenses. Geographic pressures in Asia Pacific and flat volumes in the Flavor Solutions segment remain significant headwinds, limiting near-term revenue upside.
McCormick & Company, Incorporated (NYSE:MKC ) Q4 2024 Earnings Conference Call January 23, 2025 8:00 AM ET Company Participants Faten Freiha - Vice President, Investor Relations Brendan Foley - Chairman, President and Chief Executive Officer Marcos Gabriel - Executive Vice President and Chief Financial Officer Conference Call Participants Andrew Lazar - Barclays Peter Galbo - Bank of America Alexia Howard - Bernstein Robert Moskow - TD Cowen Robert Dickerson - Jefferies Kenneth Goldman - JPMorgan Max Gumport - BNP Paribas Stephen Powers - Deutsche Bank Thomas Palmer - Citi Faten Freiha Good morning. This is Faten Freiha, VP of Investor Relations.
McCormick & Company, Incorporated's Q4 sales rose 2.7%, driven by strong consumer and commercial demand, despite mixed regional performance and a challenging Asia-Pacific market. Gross profit margin expanded, but adjusted operating income fell 1.1%, with EPS down 5.9% year-over-year, reflecting stalled growth. For 2025, McCormick projects minimal sales growth and modest EPS growth of 2-4%, but remains attractive for long-term dividend growth.