McCormick & Co Inc (MKC) Reports Steady Earnings Growth and Record Cash Flow in 2023 [Yahoo! Finance]
Mccormick & Co, Inc (MKC.V)
Company Research
Source: Yahoo! Finance
Earnings Per Share : Adjusted earnings per share rose to $2.70 in 2023 from $2.53 in the previous year. Dividend Increase : MKC's Board authorized an 8% increase to the quarterly dividend, marking the 38th consecutive year of dividend increases. Cash Flow : The company achieved a record cash flow from operations, growing to $1.2 billion for the fiscal year 2023. 2024 Outlook : MKC expects sales to range between (2)% to 0% compared to 2023, with adjusted earnings per share projected to be $2.80 to $2.85. Warning! GuruFocus has detected 5 Warning Signs with MKC. On January 25, 2024, McCormick & Co Inc ( NYSE:MKC ) released its 8-K filing , detailing its financial results for the fourth quarter and fiscal year ended November 30, 2023, and providing its financial outlook for fiscal year 2024. The company, a global leader in flavor, has a rich history spanning over 130 years and has established itself as a key player in the manufacturing, marketing, and distribution of spices, h
Show less
Read more
Impact Snapshot
Event Time:
MKC.V
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MKC.V alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MKC.V alerts
High impacting Mccormick & Co, Inc news events
Weekly update
A roundup of the hottest topics
MKC.V
News
- McCormick & Company: Potential Recovery In Margins [Seeking Alpha]Seeking Alpha
- Cognizant signs a large, global infrastructure agreement with McCormick & Company, Inc. [Yahoo! Finance]Yahoo! Finance
- McCormick: Dividend Growth And Expenses Reduction Imply Undervaluation [Seeking Alpha]Seeking Alpha
- This Magnificent Dividend Stock Is Trading Close to a Once-in-a-Decade Valuation. Is It a Buy? [Yahoo! Finance]Yahoo! Finance
- With 83% ownership of the shares, McCormick & Company, Incorporated (NYSE:MKC) is heavily dominated by institutional owners [Yahoo! Finance]Yahoo! Finance