McCormick & Company (MKC), Incorporated manufactures, markets and distributes spices, seasoning mixes, condiments and other flavorful products to the food industry, including retailers, food manufacturers and foodservice businesses. The Company operates in two segments: consumer and industrial. Its brands in the Americas include McCormick, Lawry's, Stubb's, Club House, Zatarain's, Thai Kitchen and Simply Asia. In Europe and the Middle East and Africa (EMEA), the Company's brands include the Ducros, Schwartz, Kamis, Drogheria & Alimentari, and a line of Vahine brand dessert items. In the Asia/Pacific region, it markets products under the McCormick and DaQiao brands in China. In Australia, it markets its spices and seasonings under the McCormick brand and its dessert products under the Aeroplane brand. In India, its joint venture trades under the Kohinoor brand. The industrial segment sells to food manufacturers and the foodservice industry both directly and indirectly through distributors.
Reported before open today (6/30/16) Earnings: EPS $0.75 Revenue $1.06B Estimates: EPS $0.74 Revenue $1.06B Up 3.31% today so far
Analyst Upgrade/Downgrade Update Brokerage firm: Credit Suisse Change: Upgrade Previous Rating: Neutral Current Rating: Outperform Previous Price Target: N/A Current Price Target: N/A
