McCORMICK REPORTS STRONG FIRST QUARTER PERFORMANCE AND REAFFIRMS 2024 OUTLOOK
McCormick & Company, Incorporated (MKC)
Last mccormick & company, incorporated earnings: 3/31 06:30 am
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Source: PR Newswire
HUNT VALLEY, Md., March 26, 2024 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, today reported financial results for the first quarter ended February 29, 2024 and reaffirmed fiscal 2024 outlook.Sales increased 3% in the first quarter from the year-ago period. In constant currency, sales grew 2% compared to the prior year. Operating income was $234 million in the first quarter compared to $199 million in the year-ago period. Adjusted operating income was $238 million, a 5% increase from $227 million in the year-ago period. Earnings per share was $0.62 in the first quarter as compared to $0.52 in the year-ago period. Adjusted earnings per share was $0.63 compared to $0.59 in the year-ago period, reflecting a 7% increase year-over-year. Cash flow from operations through the first quarter of 2024 was $138 million compared to $103 million in the year-ago period. For fiscal year 2024, McCormick reaffirmed its sales, operating profit, and adjusted ea
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MKC
Earnings
- 3/26/24 - Beat
MKC
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 144
- 5/14/24 - Form 4
- MKC's page on the SEC website