Retail investors usually misread economic data (often even ignore it) as if it isand reserved for only Wall Stree something kept t to look at and consider in their trading decisions. However, in a market where information is as readily available as ever, it is more important today for investors to start tracking such data to help them generate ideas and develop timing tools for these ideas.
McCormick CEO Brendan Foley told CNBC's Jim Cramer that the spice maker is looking at how new tariffs will impact sourcing for its products. "This is a big area," Foley said.
Bullish on McCormick & Company, Incorporated for long-term investors, especially after a strong Q2 and an outlook reaffirmation. The company demonstrated robust consumer demand, solid volume growth, and beat EPS estimates, despite regional and segment differences. McCormick's dividend growth, tariff mitigation strategies, and stable earnings outlook support holding or adding to a house position.
McCormick & Company, Incorporated (NYSE:MKC ) Q2 2025 Results Conference Call June 26, 2025 8:00 AM ET Company Participants Brendan M. Foley - President, CEO & Chairman Faten Freiha - Vice President of Investor Relations Marcos Mendes Gabriel - Executive Vice President & Chief Financial Officer Conference Call Participants Alexia Jane Burland Howard - Sanford C.
McCormick posts mixed second-quarter results as cost savings offset margin pressure and 2% organic sales growth boosts earnings.
Shares of McCormick (MKC) surged Thursday as the spice maker posted better-than-expected profit on a higher volume and product mix, and said it was in a position to deal with the impact of higher tariffs.
Although the revenue and EPS for McCormick (MKC) give a sense of how its business performed in the quarter ended May 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
McCormick (MKC) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.69 per share a year ago.
Besides Wall Street's top -and-bottom-line estimates for McCormick (MKC), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended May 2025.
MKC eyes modest sales growth in Q2. However, rising costs and consumer pressures may weigh on earnings.
McCormick (MKC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
I initiate McCormick & Company, Incorporated with a Hold rating due to lackluster sales growth and only modest margin improvement prospects. Current valuation is stretched, with a forward P/E of 24, is unsupported by meaningful growth drivers or robust cost-cutting. I'll watch for updates on global expansion, brand investments, and progress in the Comprehensive Continuous Investment program for margin recovery.