McCormick Reports Double Digit First Quarter Growth And Increases 2021 Financial Outlook
McCormick & Company, Incorporated (MKC)
Last mccormick & company, incorporated earnings: 3/31 06:30 am
Check Earnings Report
US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=65454&p=irol-irhome
Company Research
Source: PR Newswire
HUNT VALLEY, Md., March 30, 2021 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, today reported financial results for the first quarter ended February 28, 2021. Sales rose 22% in the first quarter from the year-ago period. In constant currency, the company grew sales 20% with growth in both the Consumer and Flavor Solutions segments. Operating income was $236 million in the first quarter compared to $194 million in the year-ago period. Adjusted operating income was $263 million, an increase of 35% from $195 million in the first quarter of 2020, and a 32% increase in constant currency. Earnings per share was $0.60 in the first quarter as compared to $0.54 in the year-ago period. Adjusted earnings per share rose 33% to $0.72 from $0.54 in the year-ago period. For fiscal year 2021, McCormick increased its sales outlook to expected growth of 8% to 10%, or 6% to 8% in constant currency, and also raised its operating profit and earnings per sh
Show less
Read more
Impact Snapshot
Event Time:
MKC
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 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 alerts
High impacting McCormick & Company, Incorporated news events
Weekly update
A roundup of the hottest topics
MKC
News
- 4 Defensive Stocks to Buy Amid Sinking Consumer Confidence [Yahoo! Finance]Yahoo! Finance
- Cajun Seasoning Market Analysis and Forecast to 2030 Featuring Profiles of Royal Nut Company, McCormick & Company, The Kraft Heinz Company, Olam Group, ROSE HILL Foods - A $423.6 Million Global Opportunity [Yahoo! Finance]Yahoo! Finance
- McCormick (MKC) Down 0.2% Since Last Earnings Report: Can It Rebound? [Yahoo! Finance]Yahoo! Finance
- McCormick (MKC) Benefits From Strategic Buyouts & Cost Savings [Yahoo! Finance]Yahoo! Finance
- Global Flavor Drops Market Report 2024-2030 Featuring AARKE AB (Altor Digital), Sauer Brands, OliveNation, McCormick & Company, and Myprotein (The Hut Group) [Yahoo! Finance]Yahoo! Finance
MKC
Earnings
- 3/26/24 - Beat
MKC
Sec Filings
- 4/23/24 - Form 4
- 4/23/24 - Form 4
- 4/23/24 - Form 4
- MKC's page on the SEC website