McCormick & Company, Incorporated (MKC) is likely to register a top-line decline when it reports third-quarter fiscal 2024 earnings on Oct. 1. The Zacks Consensus Estimate for revenues is pegged at $1.7 billion, suggesting a drop of 1.2% from the prior-year quarter’s reported figure.The bottom line is likely to grow year over year. The consensus mark for quarterly earnings has remained unchanged in the past 30 days at 67 cents per share. This indicates growth of 3.1% from the year-ago quarter’s reported fig ...

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Wall Street expects a year-over-year increase in earnings on lower revenues when McCormick (MKC) reports results for the quarter ended August 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 1. On th ...

McCormick & Company (MKC) demonstrated impressive performance in the stock market year to date. MKC outperformed the Zacks Food - Miscellaneous industry's growth of 2.3% in the said period, registering a gain of 16.9%. It has also surpassed the broader Consumer Staples sector’s increase of 9% in the same time frame.McCormick’s recent success stems from its effective strategic initiatives. With a global portfolio aligned with consumer trends and innovative product platforms, the company’s focus on growth are ...

文章核心观点 - 公司通过强大的品牌组合、创新的产品平台以及战略性投资、扩张和成本节约计划来增强市场地位,预计将持续增长 [1][2][3] - 但成本通胀和销量疲软持续影响公司业绩 [5][6] 关键要点总结 增长动力 - 公司致力于长期目标,拥有良好的业绩记录、广泛的全球竞争性组合、专注于高增长和高利润领域、与消费者偏好趋势保持一致,并拥有独特的热量平台 [2] - 管理层持续优先投资于品牌推广、产品和包装创新、类别管理和专有技术等关键领域和增长动力 [2] - 公司的成本节约计划有利于支持投资并推动营业利润率增长 [2][4] 通过收购扩张 - 公司通过战略性收购来扩大业务版图,如2020年收购FONA International和Cholula Hot Sauce [3] - 这些收购有助于公司增强价值创造产品组合,拓展调味品业务,丰富产品组合 [3] - 公司还投资1.3亿美元用于提高产能和能力、推进数字化转型和优化成本结构 [3] 成本节约举措 - 公司的"持续全面改善"(CCI)和"全球运营效率"(GOE)计划有助于降低成本、提高生产效率 [4] - 这些举措推动了2024财年毛利率的50-100个基点提升,预计未来将继续推动盈利能力 [4] 业绩面临的挑战 - 公司面临销量疲软的持续挑战,消费者需求疲软,特别是中低收入家庭 [5] - 餐饮行业通胀导致外食消费下降,零售销量也受到抑制 [5][6] - 公司预计2024财年成本通胀将小幅上升,同时营销投资也将大幅增加 [6] 展望 - 尽管面临挑战,但管理层对公司的积极业务势头感到鼓舞,预计销量趋势将改善并恢复增长 [7] - 公司对2024年的创新计划充满信心,预计调整后营业收入将增长3-5%(4-6%按固定汇率计算),调整后每股收益将增长4-6%(5-7%按固定汇率计算) [7]

文章核心观点 - 麦肯锡公司(MKC)致力于实现长期目标,拥有良好的业绩记录和广泛的全球竞争性产品组合,专注于高增长和高利润领域 [1] - 公司通过收购不断扩大在全球的影响力,同时正在采取成本节约措施应对高成本环境 [1][5] 关键增长驱动因素 - 公司持续投资于品牌推广、产品和包装创新、类别管理和专有技术等关键领域和增长动力 [2] - 成本节约计划有助于支持投资并推动营业利润率增长,管理层对公司的积极业务势头感到鼓舞 [2] - 2024财年,公司将专注于提升销量趋势并优先投资以推动利润增长,预计将受益于去年实施的定价行动 [2][3] 战略扩张举措 - 公司通过收购战略性地扩大了业务版图,如收购FONA International和Cholula Hot Sauce品牌 [5] - 2024财年第二季度,公司投资1.3亿美元用于增加产能和能力、推进数字化转型和优化成本结构 [5] 面临的挑战 - 公司面临销量疲软的持续挑战,消费者价值导向行为和通胀压力导致餐饮行业和零售渠道需求下降 [6][7] - 公司还面临持续的成本通胀压力,预计2024财年成本通胀将小幅上升,营销支出也将大幅增加 [7] 总结 - 尽管面临销量疲软和成本通胀等挑战,但公司仍坚定致力于长期增长和盈利能力 [8] - 定价调整、产品组合优化和成本节约措施将继续提升公司的盈利能力 [8] - 公司股价今年迄今上涨6.4%,优于行业下跌4.4% [9]

A lot of investors are searching for Dividend Aristocrats, which are recognized for paying consistently increasing dividends. These companies are well known for their ability to provide shareholders with predictable, rising dividends and potential long-term capital appreciation. In this analysis, we will examine McCormick & Co. Inc. (MKC, Financial), one of the famous Dividend Aristocrats. McCormick boasts of an extensive track record of financial stability as well as shareholder returns, having an uninterr ...

igoriss/iStock via Getty Images We suggested coming back into McCormick & Company, Incorporated (NYSE:MKC) in October 2023, catching the bottom in shares, and reiterated that call in March 2024 as the company was "crawling its way back to growth." Make no mistake, shares had long been a reliable investment, but started facing pressure in 2022. Shares have struggled to really get going since then, but there has been a bit of a run-up from the low where we suggested coming back into the stock. Data by YCharts ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-14920 McCORMICK & COMPANY, INCORPORATED (Exact name of registrant as specified in its charter) Maryland 52-0408290 (State or other ...

文章核心观点 - 麦考林克公司第二季度业绩超出分析师预期,推动其股价上涨 [1][2][3] - 欧洲、中东和非洲(EMEA)地区是麦考林克消费者销售的领头羊 [5] - 公司重申了2024财年的财务指引 [4] 公司业绩 - 公司第二季度每股摊薄收益为0.68美元,同比有所增长,超出市场预期0.59美元 [3] - 净销售额下降1%至16.4亿美元,略高于预期 [3] - 公司重申了2024财年每股收益2.76美元至2.81美元,销售增长0%至2%的指引 [4] 业务表现 - EMEA地区消费者销售增长5%,而美洲地区下降2% [5] - EMEA地区消费者销量增长4% [5] - 整体消费者销售同比下降1% [5] - 公司表示消费者业务的投资推动了第二季度的销量改善,预计下半年将保持良好势头 [6]