[vc_row full_width=”stretch_row” css=”.vc_custom_1531732107238{background-color: #fcc118 !important;}”][vc_column]

[/vc_column][/vc_row][vc_row css=”.vc_custom_1531730959461{border-bottom-width: 1px !important;background-color: #f9fafb !important;border-bottom-color: #eef3f7 !important;border-bottom-style: solid !important;}”][vc_column css=”.vc_custom_1531891416301{margin-bottom: 0px !important;}”][bsfp-cryptocurrency style=”widget-6″ align=”auto” columns=”2″ scheme=”light” coins=”top-x-coins” coins-count=”8″ coins-selected=”” currency=”USD” title=”Cryptocurrencies” show_title=”0″ icon=”” heading_color=”” heading_style=”default” bs-show-desktop=”1″ bs-show-tablet=”1″ bs-show-phone=”1″ css=”.vc_custom_1531730265600{margin-bottom: 0px !important;}” custom-css-class=”” custom-id=””][/vc_column][/vc_row]

Key highlights from McCormick & Company’s (MKC) Q3 2023 earnings results

0

McCormick & Company, Incorporated (NYSE: MKC) reported third quarter 2023 earnings results today.

Net sales increased 6% year-over-year to $1.68 billion, but narrowly missed estimates of $1.70 billion.  

Net income was $170.1 million, or $0.63 per share, compared to $222.9 million, or $0.82 per share, last year. Adjusted EPS was $0.65, in line with expectations.  

The company expects sales to grow 5-7% for the full year of 2023. Adjusted EPS for the year is expected to range between $2.62-2.67.

The stock fell over 2% in premarket hours on Tuesday following the announcement.  

Prior performance

Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More