Why McCormick Stock Jumped Today
McCormick(MKC) The Motley Fool·2024-06-28 01:22
McCormick's earnings per share for the quarter were spicier than expected.Shares of flavorings and spices leader McCormick (MKC 4.82%) were up 4% as of 12:45 p.m. ET on Thursday, according to data provided by S&P Global Market Intelligence.McCormick delighted the market after reporting its second-quarter earnings, delivering $0.69 in earnings per share (EPS) compared to analysts' expectations of $0.59. The company's sales slipped by 1%, but its revenue was better than expected, with its flavor solutions seg ...