MCCORMICK & CO/SH SH (NYSE:MKC.V) Posts Quarterly Earnings Results

by · The Markets Daily

MCCORMICK & CO/SH SH (NYSE:MKC.V – Get Free Report) announced its quarterly earnings results on Thursday. The company reported $0.80 earnings per share (EPS) for the quarter, Zacks reports.

MCCORMICK & CO/SH SH Price Performance

Shares of MCCORMICK & CO/SH SH stock opened at $47.57 on Thursday. The company has a market capitalization of $12.78 billion, a P/E ratio of 7.80 and a beta of 0.53. MCCORMICK & CO/SH SH has a 1-year low of $44.30 and a 1-year high of $77.65. The business’s fifty day moving average price is $48.59 and its two-hundred day moving average price is $58.16.

MCCORMICK & CO/SH SH Company Profile

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McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. The company operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as desserts. This segment markets its products under the McCormick, French, Frank's RedHot, Lawry's, Club House, Gourmet Garden, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and Drogheria & Alimentari, and Vahiné brand names in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; and McCormick, Aeroplane, and Gourmet Garden brand names in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia.

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