Jim Cramer Says “I Think That We'll Like a New McCormick, If They Do Merge” [Yahoo! Finance]
Mccormick & Co, Inc (MKC.V)
Company Research
Source: Yahoo! Finance
sell-off continues . Cramer highlighted that he was in favor of the company's potential merger, as he said: Tuesday is a day of challenged companies. First, McCormick reports, and this spice stock has become very tough to own. The flavor company, as they call themselves, is said to be in talks to merge with Unilever's food business, which includes Hellmann's mayo, Colman's mustard, and Knorr soups. If they do the deal, the combined company will own some big chunks of multiple supermarket aisles. But the food stocks have been quite simply awful, including McCormick, with a stock that's down 22% for the year. There's only one way out of this jam, though. They've got to merge and cut costs. I think that we'll like a new McCormick, if they do merge, which can then slot their brands through its own delivery methods and save fortunes. I love the combo. I hope it works out. I hope they announce it. Photo by Anna Nekrashevich on Pexels McCormick & Company, Incorporated (NYSE:MKC) produc
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News
- MarketBeat Week in Review – 03/30 - 04/03 [Yahoo! Finance]Yahoo! Finance
- JPMorgan Lowers its Price Target on McCormick & Company. (MKC) to $64 [Yahoo! Finance]Yahoo! Finance
- McCormick & Company AGM: Unilever Foods deal targeted for mid-2027, strategy and Q1 growth in focus [Yahoo! Finance]Yahoo! Finance
- McCormick & Co Inc (MKC) Q1 2026 Earnings Call Highlights: Strategic Merger with Unilever ... [Yahoo! Finance]Yahoo! Finance
- McCormick (MKC) Target Trimmed by Barclays on Earnings and Deal Focus [Yahoo! Finance]Yahoo! Finance