Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative expense

Transaction and integration expenses

Special charges

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

McCormick

McCormick & Co., Inc. is engaged in the manufacturing, marketing, and distribution of spices, seasoning mixes, condiments, and other flavorful products to retail outlets, food manufacturers, and foodservice businesses. It operates through the Consumer and Flavor Solutions segments. The Consumer segment operates by selling to retail channels, including grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce through the following brands: McCormick, French's, Frank's RedHot, Lawry's, Zatarain's, Simply Asia, Thai Kitchen, Ducros, Vahine, Schwartz, Club House, Kamis, Kohinoor, and DaQiao. The Flavour Solutions segment sells to food manufacturers and the foodservice industry both directly and indirectly through distributors, except for its businesses in China and India. The company was founded by Willoughby M. McCormick in 1889 and is headquartered in Baltimore, MD.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

McCormick projects sales growth and margin expansion despite challenges

McCormick acknowledges a challenging year but expresses confidence in the outlook for 2023. Strong consumer demand and cost savings programs expected to offset challenges. Pricing strategy and new product lines driving growth and attracting new consumers.

McCormick reports solid Q1 results, focuses on innovation and growth

McCormick's Q1 2023 performance showcased sales growth, steady operating income, and improved gross margins, despite challenges in certain regions and increased expenses.
The company's strengths lie in the success of Flavor Solutions and Consumer segments, with opportunities in innovation, sales growth, and debt reduction strategies.
Challenges include flat volume outlook, higher expenses, and regional disruptions, but McCormick remains focused on driving long-term value for shareholders.
Overall, McCormick's strategic focus on innovation, cost optimization, and market trends positions them well for sustainable growth and profitability in 2023.

McCormick reports robust Q2 results, eyes margin expansion and growth

McCormick's Q2 performance showcased strong financial results, with a focus on margin expansion and growth in key segments. Despite challenges in China and certain business exits, the company remains optimistic about future opportunities and growth prospects.

McCormick reports strong Q3 earnings amidst China challenges and growth opportunities

McCormick's Q3 earnings call highlighted strong performance and sustained demand for flavor products. Despite challenges in China and market share pressures, the company remains focused on innovation, efficiency, and margin improvement. Opportunities for growth exist through delveraging, M&A, and continued distribution gains.

McCormick reports Q4 sales growth and margin expansion, faces margin challenges

McCormick's Q4 performance showed sales growth and margin expansion, with a focus on volume-led growth and brand investments. Challenges include consumer behavior shifts and margin pressures in Flavor Solutions, but opportunities lie in investments and margin improvement strategies.

McCormick reports 2% sales growth in Q1 2024 earnings

McCormick's Q1 performance showed sales growth driven by pricing actions, with volume improvements in key segments.
The company faces challenges in certain product categories but is focused on driving volume improvement and gross margin expansion.
Opportunities lie in strengthening the China business, activating price gap management efforts, and leveraging successful product strategies.
Overall, McCormick's financial outlook for 2024 remains positive, with expectations of continued sales growth and earnings increase.

McCormick Q2 2024: Sales Dip, Innovation Drives Growth

McCormick's Q2 2024 earnings reflected a slight sales decline, countered by strategic innovations and market adaptations. With a management transition on the horizon and a confident outlook towards achieving its 2024 financial goals, McCormick is poised to leverage consumer trends and new product lines to drive future growth.

McCormick meets Q3 expectations, eyes growth through key investments

McCormick's Q3 showcased success in key segments, with a focus on driving top-line growth through various levers. Despite challenges in cash flow and certain regions, the company remains optimistic about its outlook for 2024.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

McCormick & Co., Inc. engages in the manufacturing, marketing, and distribution of spices, seasoning mixes, condiments, and other flavorful products to retail outlets, food manufacturers, and foodservice businesses. It operates through the Consumer and Flavor Solutions segments. The Consumer segment sells spices, seasonings, condiments, and sauces. The Flavor Solutions segment includes seasoning blends, spices and herbs, condiments, coating systems, and compound flavors. The company was founded by Willoughby M. McCormick in 1889 and is headquartered in Baltimore, MD.

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McCormick Rocks Second-Quarter Results

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McCormick & Company, Incorporated (MKC) CEO Lawrence Kurzius on Q2 2020 Results - Earnings Call Transcript

McCormick & Co. Inc. (NYSE: MKC) released its quarterly financial results on Thursday that posted robust sales in the second quarter.

McCormick reports a 7.6% increase in sales as consumer business performs upbeat in Q2

McCormick (MKC) earnings for the food company's fiscal second quarter of 2020 have MKC stock climbing higher on Thursday.
The post McCormick Earnings: MKC Stock Pops 4% on Q2 Topper appeared first on InvestorPlace.

McCormick Earnings: MKC Stock Pops 4% on Q2 Topper

McCormick's (MKC) second-quarter 2020 results reflect the impact of higher sales, thanks to coronavirus-led higher at-home consumption.

McCormick (MKC) Q2 Earnings Beat Estimates, Sales up

The spice and condiment maker reported strong fiscal second-quarter revenues and profits, even as its sales to restaurant and foodservice customers plunged.

McCormick's Earnings Jumped Almost 30% Due to Pandemic-Driven Home-Cooking Trend

McCormick (MKC) delivered earnings and revenue surprises of 26.72% and 1.47%, respectively, for the quarter ended May 2020. Do the numbers hold clues to what lies ahead for the stock?

McCormick (MKC) Tops Q2 Earnings and Revenue Estimates

Shares of McCormick & Co (NYSE:MKC) rose 1.6% in pre-market trading after the company reported Q2 results.

McCormick: Q2 Earnings Insights

Shares of McCormick & Co. Inc. MKC, -0.08% rallied 1.6% in premarket trading Thursday, after the spices and condiments company reported fiscal second-quarter profit and sales that rose more than expected, helped by strength in its consumer business as the recovery from the COVID-19 business disruptions continues.

McCormick's stock rises after profit and sales rise above expectations

HUNT VALLEY, Md., June 25, 2020 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, today reported financial results for the second quarter ended May 31, 2020. Sales rose 8% in the second quarter from the year-ago period. In constant currency, the...

McCormick Reports Strong Second Quarter Sales And Profit Growth

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McCormick's (MKC) second-quarter fiscal 2020 results are likely to reflect rising demand in the Consumer unit owing to pantry loading. Foodservice demand is likely to have dropped in Flavor Solutions.

Factors Shaping McCormick's (MKC) Fate Ahead of Q2 Earnings

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McCormick (MKC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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Investors are betting on a sustained uptick in demand for spice and flavoring products as consumers spend more time at home.

Why McCormick Stock Rose 12% in May

McCormick's (MKC) focus on new product development to augment market reach is yielding. Also, management is on track with the CCI program to boost savings.

McCormick (MKC) Looks Solid on Strong Brands & Saving Plans

HUNT VALLEY, Md., May 28, 2020 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, announced plans to extend premium pay incentives through June to U.S. employees who are required to physically work onsite to keep essential food supply operations...

McCormick & Company Extends Premium Pay Incentives in the U.S. While Continuing to Hire During Pandemic

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The S&P 500 Index has grown its annual earnings per share by about 7.2% on average every year over the past five years.

News for McCormick Stock (MKC)