McCormick beats sales and profit estimates as consumers eat at home during pandemic


McCormick beats sales and profit estimates as consumers
McCormick & Co., the Hunt Valley-based spice company, beat sales and profit estimates in the second quarter as consumers spent more time cooking at home during the pandemic, driving up demand for …


McCormick Beats on Profit as Cooking at Home Lifts Sales
Sales grew 7.6% to $1.4 billion, ahead of FactSet’s call for $1.38 billion. Consumer segment sales rose 26% to $962.6 million, while flavor solutions sales slipped 19% to $438.5 million.


Stocks making the biggest moves in the premarket …
McCormick (MKC) – The maker of spices, condiments and sauces beat estimates by 31 cents a share, with quarterly profit of $1.47 per share. Revenue also beat forecasts helped by the pandemic


McCormick Beats First-Quarter Profit Estimate but Slips on …
Sales totaled $1.21 billion, down 2% from a year ago and missing FactSet’s call for $1.23 billion. Consumer sales slipped 6% to $699.5 million and flavor sales rose 5% to $512.5 million.


McCormick beats sales and profit estimates as consumers
McCormick beats sales and profit estimates as consumers eat home during pandemic June 25, 2020 June 25, 2020 The Baltimore Sun 0 View McCormick & Co. beat sales and profits estimates in the second quarter as consumers have cooked at home more during the pandemic.


Dow set to drop after worst day since June 11 plunge
McCormick (MKC), the maker of spices, condiments and sauces, beat estimates by 31 cents a share, with quarterly profit of $1.47 per share. Revenue also beat forecasts helped by the pandemic


McCormick & Co. boosts profits even as sales flatten in …
McCormick reported income of $149.4 million, or $1.12 per share, for the three months that ended May 31, up from $123.3 million, or 93 cents per share, in the second quarter of 2018.


Kroger Co.’s earnings jump in first post-pandemic quarter …
Kroger Co.’s earnings and sales skyrocketed in the first quarter as shoppers streamed into its supermarkets during its first fiscal quarter since the coronavirus pandemic began to spread in the U.S.


Tech Companies Continue to Fare Better — Earnings at a …
Tech companies continued to weather the Covid-19 pandemic better than most, as sales rose at Apple and Amazon.com, but increased costs dented Amazon’s forecasts.


MKC | McCormick & Co. Inc. Profile | MarketWatch
McCormick & Co. Inc. company facts, information and stock details by MarketWatch. … McCormick Q1 consumer sales $699.5 mln vs. $744.9 mln. … While Continuing to Hire During Pandemic. 2:36 p.m …
obd2 scanner