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0.00134750711184314 0.000748615062135008 -0.0025452912112592 -7.48615062136497E-05 -0.00539002844737235 -0.0121275640065878 -0.00943254978290178 0.00276987572989972
Stock impact report

Spices Giant McCormick Cuts Profit Outlook As Tariffs And Costs Bite [Yahoo! Finance]

McCormick & Company, Incorporated (MKC) 
Last mccormick & company, incorporated earnings: 3/31 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
The decline was driven by investor concerns over rising costs and a trimmed outlook for earnings per share. The global manufacturer, marketer, and distributor of spices, herbs, extracts, and seasonings reported third-quarter adjusted earnings per share of 85 cents, beating the analyst consensus estimate of 81 cents. Quarterly sales of $1.724 billion outpaced the Street view of $1.713 billion. Also Read: Stock Market Today: Dow Jones, Nasdaq Futures Slip Amid Delay In Trade Deficit Data During Shutdown—Trilogy Metals, AMD, Applovin In Focus Net sales rose 3% in the third quarter, including a 1% currency tailwind. Consumer segment net sales increased 4% from the third quarter of 2024 to $973 million, including a 1% favorable impact from currency. Organic sales increased 3%, driven by volume and product mix. Brendan M. Foley , CEO, stated, “Our third quarter results marked our fifth consecutive quarter of volume-led growth, reflecting our differentiation and the benefit of co Show less Read more
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