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0.0257352941176472 0.0257352941176472 0.0257352941176472 0.0186887254901961 0.0186887254901961 0.0186887254901961 0.0474770220588235 0.0278799019607844
Stock impact report

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
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