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0 0 -0.0262374898566405 -0.0262374898566405 -0.0200162293751689 0.00081146875845283 0.0102786042737355 0.00960238030835824
Stock impact report

McCORMICK REPORTS STRONG FIRST QUARTER PERFORMANCE AND REAFFIRMS 2024 OUTLOOK [Yahoo! Finance]

McCormick & Company, Incorporated (MKC) 
Last mccormick & company, incorporated earnings: 3/31 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
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 in the first quarter as compared to in the year-ago period. Adjusted earnings per share was compared to 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 earnings per share outlook. President and CEO's Remarks Brendan M. Foley , President and CEO, stated, "We are pleased to start the year with strong first qua Show less Read more
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