Categories AlphaGraphs, Consumer, Earnings
McCormick & Company (MKC) Q2 2024 Earnings: Key financials and quarterly highlights
McCormick & Company, Incorporated (NYSE: MKC) reported second quarter 2024 earnings results today.
Net sales decreased 1% year-over-year to $1.64 billion. Sales declined 1% in constant currency as well.
Net income was $184.2 million, or $0.68 per share, compared to $152.1 million, or $0.56 per share, last year. Adjusted EPS was $0.69.
Revenue and earnings beat expectations.
For fiscal year 2024, sales growth is expected to range between down 2% to flat compared to the prior year. Adjusted EPS is expected to be $2.80-2.85.
The stock rose over 3% in premarket hours on Thursday.
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
After first-ever stock split, where’s Chipotle Mexican Grill headed?
Chipotle Mexican Grill, Inc. (NYSE: CMG) has long been a favorite brand among both diners and investors, as the restaurant chain serves quality food while consistently delivering sales and earnings
Starbucks (SBUX): A look at the coffeehouse chain’s plans for its two key markets
Shares of Starbucks Corporation (NASDAQ: SBUX) were down over 1% on Friday. The stock has dropped 14% over the past three months. The company saw sales and profits decline during
MEDS Earnings: Highlights of Trxade Health’s Q1 2024 financial results
Trxade Health, Inc. (NASDAQ: MEDS), a leading health service IT company, reported financial results for the first quarter of 2024. The company reported a net income for Q1, compared to
