McCormick Q3 Earnings: Volume Led Growth, Shares Fairly Valued [Seeking Alpha]
Mccormick & Co, Inc (MKC.V)
Company Research
Source: Seeking Alpha
The company reported continued positive volume trends, which contributed to healthy sales growth in a challenged operating environment. While sales guidance was reaffirmed, the trimmed EPS outlook speaks volumes to the cost pressures faced by the company. Following the earnings print, I remain neutral on the company's outlook. Jeremy Woodhouse/DigitalVision via Getty Images McCormick & Company ( NYSE: MKC ) just reported its Q3 results that topped expectations. The company reported positive sales trends, driven by robust volume growth, and this was paired with reaffirmed full-year guidance. The company's strong This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no busines
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